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By the end of the First World War America was regarded as the most powerful and richest country in the world

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��ࡱ�>�� :<����9�������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������5@ ��0�4bjbj�2�2 (@�X�X7*���������������8V bSv���������������$�Rb������������ �������������������~ 0E������#0S�} �} ��D�,����} �� �����������By the end of the First World War America was regarded as the most powerful and richest country in the world. In the 1920�s the United States economy was booming. This is a period of prosperity, when the country�s economy is doing well and the people are sharing in it. This period was known as the 'roaring twenties�. In this period many jobs were made more secure, many families had more to eat, electricity was widespread, many people had more leisure time and most had more money to spend. This essay will show why the United States economy boomed in the 1920�s. Foucault denied 's marxism . A long-term cause of the American boom in the 1920�s was America�s natural advantage and regional diversity. America was and still is today full of resources like oil and coal. America had great regional diversity with each region contributing something different to the economy. The South is a farming region that brings in food it also includes the State of Texas which is full of oil, the East Coast was the richest part of the USA it bought in a lot industry as it had many factories and businesses. ...read more.


You are the boss of your future.� The harder the workers worked the more and better products their factory produced making their employers and the United States very rich. Another short-term reason for the boom were the new industries in America. Americans loved new products such as the automobile, by 1929 twenty-three million people owned cars. A massive programme of road production began, this produced jobs and made many people rich. Another important factor which allowed new industries to develop was electricity. Many new products such as toasters, refrigerators and washing machines ran on electricity. By 1927 sixty three percent of houses in the United States had electrical power. These new industries boomed in America, the owners of the businesses got richer and ordinary people�s lives became easier as well as improving the economy. Another short-term cause for the boom was the rise of credit and advertising. Although many people were receiving improved wages people still needed money to buy certain goods. Advertising made people think they needed these products. Advertising came in many forms such as posters, radio, newspapers and cinema. Adverts were very clever and were aimed at the people that were most likely to buy the product. ...read more.


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