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Was the decade of the 1920's a period of opulence for the American people?

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Introduction

Was the decade of the 1920's a period of opulence for the American people? The 1920's in America are known as the roaring twenties, which suggests that everybody in America was benefiting from this industrial boom. For the first time in American history there were more Americans living in towns and cities than in the countryside. Throughout America many new cities were springing up. Because people were flocking to live in cities such as New York, skyscrapers were built to accommodate the growing population. Traditional values held by people living in the countryside were being undermined by people living in the local cities. Farmers in the countryside felt that their way of life was being threatened by the growing cities where they felt morals were not so high. The entertainment industry also grew. People in the cities did not work such long hours, so had more time for leisure and more money from their jobs. People had more time to listen to the radio, jazz became popular and the film industry was developing. ...read more.

Middle

The cars were available in one color: black. This meant that more cars could be made as the specifications were always the same for whoever bought them. Credit was introduced which allowed people to purchase anything, even things that they couldn't afford, and not have to pay for it at that time. This was good for some but a lot of people found themselves deeply in debt with not enough money to pay back what they owed. The period was bad for a lot of people; for example farmers. Farmers were told to overproduce by the government in case of another world war and this left a lot of farmers with too much produce, which they had no need for. Overproducing meant that farmers had to destroy large amounts of crops that no one needed. Because of the large amounts of immigrants that were moving to live in the supposed "land of the free" the Klu Klux Klan was formed. ...read more.

Conclusion

In an attempt to isolate itself from the problems that were occurring in Europe, America put high tariffs on any imports or exports from different countries. This caused America to lose money as the amount of international trade that was happening dropped. The little amount of money being brought into the country and the large amount of money being spent with the introduction of credit, America became a very unstable economy. The price of shares increased until in October, nineteen twenty nine, the Wall Street stock market crashed. This caused a deep international depression and all of the prosperity of the 1920's disappeared. Although the 1920's was a period of luxury for many people and a period of rapid growth and prosperity for America, many of its inhabitants suffered, particularly farmers and coloured people. I think that the bad sides of this period (debt, gangsters, the Klu Klux Klan, lowered moral standards) that caused death, destruction and depression for millions of American people outweigh the good events of this period. By Tom Davis 10yw ...read more.

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