Roaring twenties culture VideoThe Roaring Twenties Explained in 11 minutes roaring twenties culture
Roaring twenties culture - opinionEconomy[ edit ] Chart 1: USA GDP annual pattern and long-term trend, —, in billions of constant dollars  The Roaring Twenties was a decade of economic growth and widespread prosperity, driven by recovery from wartime devastation and deferred spending, a boom in construction, and the rapid growth of consumer goods such as automobiles and electricity in North America and Europe and a few other developed countries such as Australia. Some sectors stagnated , especially farming and coal mining. The US became the richest country in the world per capita and since the lateth century had been the largest in total GDP. Its industry was based on mass production , and its society acculturated into consumerism. European economies , by contrast, had a more difficult postwar readjustment and did not begin to flourish until about Quickly, however, the economies of the U. New products and technologies[ edit ] Mass production made technology affordable to the middle class.
Cultural Conflicts of s America experienced a decade of huge cultural divides, which was a result of cultural conflicts back in the s.
At this time, Americans started to lose faith due to World War 1, which made them turn against their own traditional taboos. The seniors were also involved in ceremonies full more info speculations. The leading causes of conflicts in this decade were gender politics and sexual morality, which roaring twenties culture the young generation. The s was termed to be a great decade, which represented a period of prosperity, roaring twenties culture, and development in America. Conflicts spread all over the place whereby the Ku Klux Klan were battling with the urban ethnics, and also the modernists fought the religious fundamentalist.
The cultural conflicts ended the economic boom and other ages like the Jazz Age. They gave rise to a new era of the Great Depression which was experienced all over America.
First, the numbers
This culfure depression brought up one of the worst economic downfalls in the history of America. The great depression lasted for ten years. Roaring twenties culture the economy crashed and the markets collapsed in Octobermany businesses went down, and the people in the streets started http://rectoria.unal.edu.co/uploads/tx_felogin/puritan-writers-the-wonders-of-the-invisible/psychological-theory-criminology.php lose hope.
Investors experienced significant losses since their business centers were running out of stock.
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Many people went jobless and homeless, which increased poverty rates. Just like the investors, banks lost hope and experienced banking panics because most of the bank customers had to withdraw their funds. This was because the customers had panicked and thought of protecting their deposits.]