''The boom of the 1920's did not benefit all Americans''. Explain how far you agree with this statement.

The first 200 words of this essay...

''The boom of the 1920's did not benefit all Americans''. Explain how far you agree with this statement.

Not everyone did well during the boom in America. Most of the profits made by industry went to businessmen and those who had enough money to be able to buy shares and stocks. However the farming industry in America slumped as European farming recovered after the war. Also, American farmers had to compete with farmers in Argentina and Canada, as they were producing goods at cheaper wheat, and the same quality if not better. The American government had vetoed the bills that had been passed through congress to guarantee farm prices by President Coolidge. This caused many small farmers to go bankrupt. We also know that it was not a popular time for people living in the countryside in the 1920's as over six million people left to live in the cities, which implies that the people living in the cities were having a much higher living standard than those who were living in the countryside. By 1930 over half of Americas population were living in major cities.

On the contrary to the countryside, in the cities people