• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Describe the main aspects of the economic boom in the 1920s.

Extracts from this document...

Introduction

Kirandeep Dhillon Describe the main aspects of the economic boom in the 1920s. The economic boom occurred in the 1920s in the US and caused huge industrialisation across the country. The First World War had just ended and this caused celebration amongst the general population, furthermore, WWI had given the US economy a flying start in industry with the amount of trading they did with many other countries. The economic boom changed society and made it more prosperous and wealthy and led to the values and views of women changing. The society had become more liberal than before the war and many sexual morals changed from the introduction of sex symbols in Hollywood and the rise of the 'Jazz age'. One of the main aspects of the economic boom was the rise of new industries and employment levels. As new industries emerged for example cars and more people wanted to buy them as they had more money to spend. Thus industries started to mass produce products to serve the high demands, and due to this more jobs were opened up which meant that unemployment levels dropped from 11.9% in 1921 to 3.9% 1929. ...read more.

Middle

Hence, this contributed to the economy as more people spent money in cinemas because of the high employment levels. Moreover, this was the era of the Jazz age in which many young people listened to jazz music on their new radios. This new type of music changed society as people began to stop listening to classical music and began to listen to jazz which was faster and raunchier. However, many older people thought it to be corrupting morals of the younger generation. As a result, the entertainment industry boomed with the economy which led to society changing as the growth of leisure was generally due to people having more money to spend as there was more employment. Furthermore, the women's and teenagers' attitudes changed dramatically with the economic boom. As the war had ended, women were already more independent as they worked rather than stayed at home when the men were fighting. When the war was over, women demanded to work and live a more liberal life to show themselves as equals toward men. Moreover, women were soon given the right to vote which boosted confidence and equality between genders. ...read more.

Conclusion

Overall, women and teenagers benefited from the economic boom. However, some people did not benefit from the economic boom. As the nation was industrialising rapidly and mechanization of industries meant that workers would lose jobs as machines were far more efficient. Mostly farming and coal industries were affected and resulted to minor unemployment. Furthermore, some sectors of society did not benefit from the economic boom. Immigrants such as black people still suffered from segregation and were treated as the inferior members of society. This would include the lower jobs and racial discrimination from white people. Therefore many immigrants and poorer people working in the primary field of employment did not gain from the economic boom. Overall, the economic boom changed society dramatically as it meant that there was a rise of new and old industries which influenced many groups in society including women and teenagers. The overall change made the society promiscuous and boosted the confidence of many. Furthermore, the nation became more industrialised which opened new jobs however it caused unemployment for some sectors of society. The economic boom had been, overall a beneficial era in American history as it brought prosperity into the country. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE USA 1919-1941 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE USA 1919-1941 essays

  1. What caused the economic boom in the 1920s in the USA?

    little money in comparison to those who used high-skilled professionals to produce the same types of products. The raw materials they used for this manufacturing was also fairly cheap as nothing had to be imported, therefore they were able to sell the product at a cheaper price, which ultimately increased the products overall demand.

  2. To what extent did America roar in the 1920s?

    Middle-class women had more free time due to domestic labour-saving devices such as washing machines which helped ease the burden of housework and along with the increased acceptance of women drivers, they were no longer bound to the home. A new industry was born since women magazine's sold in their millions and this created many jobs for writers.

  1. Explain the main features of the economic boom in the 1920's

    However the car wasn't the only product to be seen on the market. Consumer goods were another thing being mass-produced. Such things produced were: telephones, radio sets, refrigerators, vacuum cleaners, ovens and washing machines.

  2. Features of the boom

    Senior officers and even judges were bribed, and one in twelve officers were dismissed. In Chicago there were 130 gang lead murders in 1926 and 1927, but not even one arrest. Don Chaplin (a New York FBI boss) once said to his 200 agents "put your hands on the table, both of them.

  1. Causes of the boom

    Many people used hire purchase to buy things. This is when someone takes possession of goods after paying the rest of the price in regular instalments over a certain period of time. It was good for the economy because people ended up paying more for their goods then they would if they had bought it.

  2. How far did the American economy boom in the 1920(TM)s?

    People tried to find ways to blame people. 'The Dearborn Independent' an anti-Semitic Michigan paper blamed the Jewish population in America as the economy failed. They said they were trying "to control the world, not by territorial acquisition, not by military aggression, not by governmental subjection, but by control of the machinery of commerce and exchange."

  1. Describe the main aspects of the economic boom in the 1920s.

    This meant that workers could specialise in a certain part of production and would therefore increase the efficiency of the workforce as a whole. It would also mean that products could come off the assembly line a lot quicker, and therefore meet the demands of the customers.

  2. Revision Notes - the USA in the 1920s and 30s.

    Believed Roosevelt did too much to help people-too socialist Fair Labour Act-They dont care for worker's rights SSA-Disagree with benefits Large-Republicans were the main political opposition Big business and the rich Accused FDR of interfering with freedom of management-socialism. Trade Unions were powerful, and the rich were not fans of

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work