• 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. Why was there an economic boom in the USA during the 1920s?

    Both groups preached a return to "laissez-faire" economics, less regulation of business, and less support of labour unions. The National Association of Manufacturers labelled this program as "The American Way." There were four major ways in which the federal government supported big business.

  2. (Q1) Describe some of the key features of Americn society in the 1920's?

    With Hollywood, the advertising and publicity everywhere in America, more money was being spent. America seemed to be consuming so much more than before. People believed that spending money was good whereas before people said to save up for the "rainy days".

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

    Many moved to the cities but they would also not have seen much of an increase in their living standards since there was an abundant working force and their unskilled labour was unwanted. On the other hand, life in the 1920s did 'roar' for the owners and labourers of some large farms.

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

    whereas it's business rivals such as Britain suffered hugely. American industrial strength became so successful when mass production was then introduced. An example of this would be Ford motors. Instead of a Model T taking 14 hours to make, it now took 93 minutes.

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

    Before the Ford was built there was no need for the roads because there were no cars people used public transport. But due to the production of the cars they had to build new roads and improve or repair damaged roads.

  2. Causes of the boom

    A lot of new industry's were set up, such as a new truck industry and passenger aircraft in 1927-which by 1930 companies were flying over 162,000 people per year. Rayon was also invented which sold 300 million to a female population of 100 million.

  1. America in the 1920s

    Prohibitions lead a lead to increase crime. This was because the St Valentine's Day Massacre in 1929, eight rivals were gunned down, but it was only part of a massive problem of escalating violence. In two years In Cook County, Chicago, there were 130 gangland murders for which not a single killer was arrested.

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

    campaigns Roosevelt won the election with 61% of the vote, which was a landslide victory, showing how popular he was. The reasons for this were: * Entered the election as the favourite due to the new deal * had multiple opponents, such as Huey Long and Charles Coughlin * Republicans

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