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state of wealth and prosperity in the USA in the first post-war period …
state of wealth and prosperity in the USA in the first post-war period :arrow_up:
Payment of war debts :moneybag:
2.Production and sale of arms and food during War :handshake:
ROARING 20s
:lion_face: :explode:
changes
changes
ECONOMIC
:money_with_wings:
•Growth of population→increasing the demand→rise of consumerism
•Mass production→fall of prices
TECHNOLOGICAL
:desktop_computer:
•New inventions (radio; movies; household appliances: washing machine, pop-up toaster, vacuum cleaner; traffic lights)
•Canned food and ready-made clothes
•Development of transportation and infrastructures → car permitted to commute to work:car:
•Assembly line for production
SOCIAL
:family:
• More American started to live in cities :cityscape:
•growth of population
•optimism in people
•Radio and movies → music and dance: jazz and Charleston; new hobbies :musical_note: :man_dancing::skin-tone-2:
•Art: Harlem Renaissance
•Changment of women state → freer and indipendent, started to work
POLITICAL
:book:
•19th Amendment: given women the right to vote
•18th Amendment: outlaw sales of liquor :wine_glass::red_cross:
•Prohibition→rise of crime and violence, speakeasies, illegal business
•Republican administrations→curb hedonism→Ku Klux Klan
•Tariff duties on imported goods
Not all could benefit from this prosperity
↓
Decreasing of labourers wages and weakness of agricolture → farmers :male-farmer::skin-tone-2: and labourers :construction_worker::skin-tone-2: become poorer and poorer
Reduction in domestic demand
↓
American produced more than it could consume