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It was called the Roaring Twenties because there seemed to be a constant party and the rich were getting richer. This was the time when there were industrial mega barons who lived a life that the ordinary man couldn't imagine. They build castles, had great parties, traveled, and became very rich. It was a time of the very rich and the very poor. Our time isn't so different because we have 1% of the population that makes more than 90% of the population and they pay less in taxes. I would characterize both times as an economic boon for the very few and a struggle for the majority.
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What helped hide the weakness in the economy in the 1920?
Easy credit helped hide the weakness in the economy in the 1920's.
What helped hide the weakness in the economy in the 1920's?
Easy credit helped hide the weakness in the economy in the 1920's.
What sector of the economy did not prosper in the 1920's?
agriculture
How did the united states econemy of the 1920's differ from the economy of the 1930's?
The roarin' 1920's were the opposite of the 1930's. The 1920's were a peak in the economy, wheras the 1930's were the time of the Great Depression.
What was the key to the new consumer economy in the 1920's?
Electricity
What helped hide the weakness in the economy in the 1920?
Easy credit helped hide the weakness in the economy in the 1920's.
What helped hide the weakness in the economy in the 1920's?
Easy credit helped hide the weakness in the economy in the 1920's.
What were some ways that our economy grew in the 1920's?
The economy grew in the 1920's due to World War I. Many industries and businesses were created in the 1920's as a result of the war.
What sector of the economy did not prosper in the 1920?
agriculture
What sector of the economy did not prosper in the 1920's?
agriculture
What word describes American economy in 1920?
fluctuating
How did the united states econemy of the 1920's differ from the economy of the 1930's?
The roarin' 1920's were the opposite of the 1930's. The 1920's were a peak in the economy, wheras the 1930's were the time of the Great Depression.
What was the slippage in the economy in the 1920?
The slippage in the economy in the 1920 in United States was as a result of better machines for production. There was advancement in media technology as well which played an integral role in the spillage.
What helped the weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
What was the key to the new consumer economy in the 1920's?
Electricity
What weakness existed in the economy in 1920?
Some of the industries were in trouble.
What were two signs of weakness in the 1920 us economy?
Two signs of weakness in the economy in the 1920's was that many people were buying on margin which means buying with loans, if people able to pay back the loan the would loose also buying with credit.
