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