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Depression Of The 1920s Essay

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The roaring twenties were a time of fun and excitement but also the leads of some of the worst times in american history. In the 1920s there was a larger portion of wealth to be spread and due to this the american public spent freely and willingly, But this created the depression of the 1920 and were some of the worst times ever. This was the creation of an uncanny amount of pride and passion and are therefore much better off in today's economy than the public would have been in the 1920’s. The early 1920’s was a growing seed of national wealth and prosperity. Prior to the 1900’s the Chrysler, and Ford company worked on creating the first car with success that turned into large fortune later on. Ford being best known for the idea of the assembly …show more content…

The public was a good time and everyone had the time of their lives because it was the roaring 20’s and they were on the brink of new inventions and ideas. Following the end of WW1 all the war time building and preparations for the war were turned into peaceful productions. “American Economy” This means the “guns vs. butter” theory would be making more butter for the citizens of america, and the public definitely reaped the benefits. The stock market was great the music was one of a kind, but the prohibition was something the public had dreaded to when drinking was a regular thing to do. This lead to illegal transactions through which people got alcohol either illegally buying, selling or making. Even though these items were illegal the trade of money for goods was still good helping the economy even further. This like today is similar because although alcohol is no longer illegal some peoples within america are paid under the table such as some waiters/waitresses with tips, and this still helps the gov. even if the government doesn’t

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