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The 1920s started out as a time of optimism and prosperity. The war (World War 1) was over, and people were eager to resume their lives. President Coolidge was very pro-business, and the economy was doing fairly well. Unfortunately, all of that ended in late 1929, when the Stock Market crashed and the Great Depression began. But until then, there was a growing middle-class (including a number of educated black people); there was a new mass medium (radio) that had captured the public's imagination, leading to large numbers of radio sets (and recordings of popular songs) being sold; people could buy affordable cars from Ford; In addition to all of the above, the silent movies of the day expanded & provided a "wonderful scenario of entertainment and the creation of the Movie Star". Nobody saw trouble on the horizon until that fateful day in 1929 when everything changed.
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What was the US economy like in the 1920s?
Go to bing images
The growth of the nation's economy during the 1920s was called .?
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nations economy during the 1920s was called?
The growth of the nation's economy during the 1920s was called urbanization.
What product was the backbone of American economy in 1920s?
a
What industry had the biggest impact on the economy in the 1920s?
Automotive
What word describes Americans economy in the 1920s?
fluctuating
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
What word best describes American economy in the 1920s?
fluctuating
What helped the weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
During the 1920s the us economy was in what phase of the business cycle?
expansion
What resource has changed Venezuela economy?
They use to rely on coffee, cacao or crops, but petroleum changed their economy in the 1920s.
What helped hide weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
