Not All American Experienced The Boom. Discuss
The 1920’s was an age of wealth for America and its citizens. On the surface Americans experienced the Boom but did they all experience the boom from the inside. The following Americans experienced the Boom for example; Big and small investors; entrepreneurs; shareholder; women; movie stars; movie directors; immigrants for example flapper, the Irish, the rich English. However, others did not experience the Boom For example The reality showed a different picture to farmers; black; other immigrants; shareholders; workers etc. In this essay I hope to discuss about not all Americans in The United States of America experience the Boom, people whom were affected and weren’t affected.
People like big and small investors; entrepreneur; shareholders; women; workers; movies stars; movie directors; immigrants improved their lifestyles in many ways for example financially, big and small investors can now invest even more money in companies, immigrants from different countries and can be able to send their children to school or to be able to afford a cheap car, movie directors are now able to produce a movie which they have been waiting to produce. Women can now afford cars, clothes or houses. The people’s attitude had also changed as to example for shareholders wives had demanded more money so that they could shop more or even the movie stars income salary would also become higher, so overall the demand for higher income and outcome will be higher. For example the Ford car company had sold over 2 million cars and also a radio company had also sold over 2 million. However there were problem – prosperity came at a cost, people whom wanted more had to invest more and take lots of loans which they had to pay back plus interest. On the surface people seemed prosperous lived on credit (taking loans from banks and returning it with interest).