The roaring Twenties
Joaquin Maeshiro and Alejandra Aybar
10th grade
The economic Boom: A jazz tale of opulence
Others
Poor people
Groups who missed out the prosperity of the 1920
Balanced federal budget, lower federal spending, lower taxes, and high tariffs on foreign-made goods were favored by the elected president of 1923, Calvin Coolidge who adopted a laissez-faire philosophy.
Women
Trade Unionists
African - American population
Native Indian Americans
Farmers
Over production
The demand
Where unequal distribution of wealth was most present
Segregation
Poverty
Most women remianed poorly paid
During the twenties
There were more woman able to study and have a career
1920
Indians lived in miserable conditions
Late 19th century seemed like it ripped out
Under Coolidge there was a visible economic growth and Americans were lured by effective advertising and easy credit into buying the many new and improved products.
The economic boom was epitomesed by the car industry as well as the boom in the stock market, Americans wanted to share in the prosperity by buying shares of stock in corporations.
Reasons
The size and the economic wealth of the USA
The entrepreneurial spirit and the American Dream
The impact of WWI
Technological progress & “Fordism”
New management and selling techniques
Government policies
However there we not so many job opportunities
Easy credit and hire purchase
The US had an abundance of raw materials that fuels the industrial revolution
No difference on the payment even if they had better job positions than men.
Women played a role as supplementary wage-earners
Households who relied only on the woman's wage where most of the time endured permanent poverty
Transcontinental railroads helped communication between areas
Rugged individualism inspired inventions we use now a days
Hard-work & cheap labour was the American Dream for many immigrants
The exceptions where
In places with low - status
The armament demand helped the growth of the American industry, and led to the US becoming a major industrial power
Nursing
Teaching
The Mass production of cars was made by Henry Ford
Process
He took the work to the man rather than taking the man to the work
Increasing availability of electrical household
He only concentrated in Model "T"
The five-dollar-a-day rate for car workers was introduced in exchange of them not joining unions
Relieved some of the physical burden of what is maintaining a home
The development of Business Management and large corporations came
Culture
Rights
Land
It caused
High rates of alcoholism and crime
Low life expectancy
High infant mortality
The government helped create policies to ease the economic boom
Trade unions declined
Republicans also believed that it was their role to create the economic climate in which business, industry, and the whole nation could prosper
Union memberships increased during the war but then they declined
Manufactures could produce more goods at a lower unir cost per item
An increase in the average wage and the develpemnet of hire purchase
Palmer Raids
Led to
Mainy workers avoiding joining unions
Cheap credit allowed people to increase their spendings
As well as the Red Scare of 1919
What was done to help the poor?
Big business
There wasn't any type of poor relief
Supported by the republican goverment and the juridical system
The government failed in their attempt to help farmers, it only made it worse
Implement the " yellow dogs"
They were help mainly by private charities
Some states made "improvements" in budget in departments of welfare but there was no impact
Forcing workers to sign and then not strike
Laissez-faire politics limited the help that could have been given
1922 - 1925 Us Supreme Court passed anti judgments
Why was so little done to help the poor?
Republican believed that it wasn't the job of the government
That made difficult for unions to strike and caused the creation of a minimum wage
As they tried to fin they're way out of it and finally reach prosperity the situation got worse.
Mortgages were easy to get but farmers did not had the resources to pay them back
Even though there was a deeper understanding, poor people didn't wanted the help
Many activist were pressing for reforms that in their words could have ended poverty
The decaed was literally marked with poverty, hardship and endless struggles against debts
Intervention was perceived as a contravention of the freedom of individuals to provide for themselves
Per capita income was 1/3 of the national average
Center of farmers difficulties
Introduction
Better-quality seeds, new tractors and generally high levels of borrowing to pay for new machinery
1920 caused increase in farm output
Started with the sudden fall in demand
For many it was a time for prosperity for others not
Farmers could not appreciate a connection between their own struggle and the wheeling and dealing of the stock market
Rested on the ability of the urban workers to purchase food.
The America's manufacturing industry boomed and it was the envy of the world
Cities were clearly desperate for food but they couldn't afford it
Even though there was a history of struggle behind it
Farm produce was now folded at prices below the cost of production
The 1920s were also know as the first modern decade, for some
On the country side because of the economic crash the conditions were worse.
For other it was known for poverty, law wages, menial work or irregular employment
How had this come about to be possible?
The rugged individualism, was not in favor of the poor in terms of money and safety
Economic difficulties created a mood of rural activism
Because only a small proportion of the population could buy, the domestic market had serious issues
That contributed on passages of favorable legislation
Only the wealthy could buy
The less wealthy took advantage of credit to buy
Many borrowed more than they could afford
80% did not have savings and many didn't had good wages to rely on
Based upon the assumption of full recovery in farm prices
The war
To maximize profit land had been brought to production
Many moved to the cities and transformed good areas into ghettos
When demand fell wartime production levels were maintained
Resulted on falling prices for food produced
In was unprofitable to harvest crops.
Poor education as well as poor living conditions
They occupied the lowest economic position
Fashionable areas turned into ghettos
The decent jobs when to the white population
Most present in some places
They did not share the economic boom
Caused immigration in search for jobs
They only had jazz as a way out
1930 - they started occupying industrial and manufacturing jobs.
and forced to live there
Black families were forced to live in ghettos
They lived in misery
But as entertainment for white people