The Great Depression, WW1, WW2, Cold War, The Revolution, Civil War, and The Roaring Twenties, to name a few.
Speculation was a factor. Banks, business, and people in general were spending money they didn't have to fit the lifestyle of the Roaring Twenties.
Modernism reacted to the growing changes in society. This movement occurred near the conclusion of the 19th century and marked changes in communication via telephones, music, conventional gender roles, and eventually a major age in innovation known as the "Roaring Twenties."
For the sake of argument I'm assuming we are talking about the 1920's and the 1950's. Other than the major technological and medical improvements in the intervening 30's and 40's, the main difference will be that the majority of people born in the 1950's are still alive and have not experienced a World War.
what were the major inventions that led to the development of the internet as we know it
Major inventions were cheese cubes, human beings, and hbo family.
Some major inventions are the lightbulb and and the stove, medicine, cameras, glasses, internet,and thermoniter
The National Biscuit Company is mentioned in "The Great Gatsby" as a symbol of the changing consumer culture of the Roaring Twenties. The company, known today as Nabisco, was a major player in the rise of mass-produced, packaged food products during this time. Its mention in the novel reflects the shift towards modernity and commercialism occurring in American society during the early 20th century.
Writers in the 1920s promoted themes such as disillusionment with society after World War I, the changing role of women, the impact of technology on society, the Roaring Twenties and Jazz Age culture, the search for personal identity, and the clash between traditional values and modernity.
criticzing shallow and superficial elements of culture.
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Interestingly, the term "roaring twenties" became more popular after the decade had ended-- for example, in the 1930s, the term showed up movies and songs that looked back on the 1920s. But yes, some people in the 1920s did call it the "roaring twenties," to refer to the dramatic social change that occurred during that decade. From 1920-1929, the economy was booming, women had gotten the right to vote, more young people (including people of color) were attending college, hairstyles and fashions had changed (women no longer had to wear long dresses or have long hair, for example, and even for men, styles had become more comfortable); and popular dances and popular music changed too. Also, radio came onto the scene, and it played a major role in all of that social change, making a new generation of songs popular and helping previously unknown performers to become famous. It was a decade when almost anything seemed possible... until the stock market crashed in 1929 and the fun and freedom of the roaring twenties came to a sudden end.