Taking a Looka t the Roaring 20's

The 1920’s are commonly referred to as the Roaring Twenties. Many factors during the time played significant roles in earning the decade this name. Economic conditions and developments in the arts and entertainment were some of the most impacting among these factors. Economic conditions and developments in the arts and entertainment helped create the reputation of the 1920’s as the Roaring Twenties. Economic conditions gave people a feeling of economic prosperity. They also allowed people to buy a lot of things on credit. Developments in the arts and entertainment created a culture of free expression by granting women the ability to express their opinions more clearly than they were able to in years prior and encouraging jazz and dancing.

The 1920's and 1980's are similar in many ways. Their similarities are social, economical, and political. Some of the similarities between the decades are Prohibition and the War on Drugs, the Stock Market Crash of 1929 and 1987, and the influence of music on society.

Crime is a timeless component of society. For as long as humans have existed among each other, crime has coincided. Throughout time, crime has taken many different forms, some much more subtle than others. Alphonse Capone, a first generation American-Italian born in Brooklyn, would dramatically redefine the nature of criminality. Al Capone was a notorious Chicago mob boss who played a crucial role in the Chicago Outfit as well as the bootlegging industry. Throughout his rise to power in the Chicago, Capone took part in many nefarious dealings that culminated in the creation of a undisputed “King of Crime” until his death in 1947. However, Capone is a timeless figure, his impact on Chicago and influence he’s had on the world of crime, continues to live on.

The Roaring Twenties is known as an age of parties, jazz, and overspending. After World War I, the optimistic American people reacted by celebrating and overspending. They purchased new appliances such as cars, radios and refrigerators; they purchased luxury items like clothes and invested in stocks. Their new attitude towards the booming American economy was carefree, leading to a series of events. First the stock market crashed. Next, the banks failed. Then, companies laid off employees who were unable to make the payments on the items they purchased. Tariffs and droughts further complicated the situation. This decade became known as the Great Depression, because the economic setbacks impacted everyone and everything. But the question is “Why did Americans lose so much money in such a short period of time?” One answer is, the failing stock market. A second is unregulated banking systems which allowed for buying on margin. Third, the lifestyle following World War I was too materialistic. The Great Depression was caused by Americans failing to responsibly manage their money.

Following World War I, Americans were left with scarce amounts of job openings and a poor economy. Several were left fearing the communists, who the Americans believed were going to overthrow the government. This caused Americans to resent those who were not accepting to return to the “traditional” American values. With the 1920’s, there came both a rise in conservatism and liberalism, but only one was revolutionary, described by Merriam-Webster.com as,”Constituting or bringing about a major or fundamental change.” Furthermore, different presidents advocated for different political stances. Republican Presidents, Warren Harding and Calvin Coolidge, advocated America to have a conservative government and return to normalcy, while Republican

During the 1950’s we see an economic boom in America. A large amount of this growth has to do with the money made by Corporations with Military Contracts making goods and supplies for the United States Military. With the Cold War beginning the push for new invention in aviation, rocket propulsion, energy, and even automobiles was at the forefront of national defense. Industrial giants like Boeing, General Dynamics, and Raytheon received 60% if their income from the Defense Department. Ten percent of the domestic (GDP) was from military spending. With fears of falling behind the Soviet Union, gaining any edge in innovation was important. The government even funneled millions of dollars into American Universities for scholarships and research

America in the 1920’s was called the new era. It is called a new era because it became a turning point in American society, and marked a separation from the 19th century and the 20th century. We soon begin to develop our own social norms, music, and culture as we evolve into a modern nation. The 1920s was also a time of significant economic, political, and social change.

The 1920s was a time of prosperity and new ideas that challenged the social norm and began the movement into modernism that we know of today. The economy was still coming off of the First World War and tax policies were creating an economic boom with the increase of discretionary income. The United States was in a scary position on what to do after coming home from such a brutal war that was going to end all wars. The young generation brought out the best in people and challenged the intellect of many bright minds that had the solid traditionalist views with the new fast paced modernistic thoughts. The 1920s were a time of growth and led the United States and the modern views came quick and made a lasting impact.

Although our current generation has vastly progressed and advanced since the “roaring 20s,” there are countless attributes in which both eras directly resemble one another. These periods were the focal points of advancements in technology, women’s rights, and culture. The groundbreaking advances in technology for both generations had sparked a whole new outlook on our nation’s future ahead. Women’s rights were also a major turning point for education and the workforce, both in the 1920s and the modern day. Lastly, the influence of many individuals in the cultural communities of the “roaring 20s” and the modern day have greatly impacted the foundations of art, music, and sports. Without a doubt, the way of life for individuals in both eras have extremely similar concepts, where both seem to focus on establishing a progressive and strongly developing future.

Economic wise, in the 1920's, demand for consumer goods and new products such as radios, electrical appliances, and automobiles led to increased production and business profits. Many of these goods were purchased using installment contracts, by which goods are purchased on credit and ownership is transferred after the last payment is made. The increasing share prices caused people to buy shares in hope of making large profits. In 1928 and 1929, the Federal Reserve System raised interest rates in an effort to slow stock market predictions. Bank failures occurred because of the stock market strained their financial resources. Banks had also loaned money to many farmers and businesses who were unable to repay it. Bank profits declined, and bank

After a war it is common for a economy to go into a recession, it has to pay the for the war and the supplies used in the war. That is what was expected after WWI. But instead the U.S. economy boomed. During the 1920’s or the “Roaring Twenties” music, art, theatre, and film all gained popularity. People started to watch more movies and have more free time on their hands. Women also started to wear more makeup and tried new fashions to show their new found independence. The 18th amendment was also passed in the 1920’s, which prohibited alcohol, but it was later repealed. During this period technology also advanced. The way to communicate changed as well with the “radio, that artfully blended entertainment and news into a package designed for

Between World War 1 and World War 2, there was constant debate in the United States between the internationalists and the isolationists; the internationalists were strongly in favor of participating in world affairs, while the isolationists turned inwards, advocating to focus only on domestic matters. During the 1930s however, there was a historical event in the country that made the public and eventually the majority of the government to support the idea of the isolationists: the Great Depression. As this tragic event persisted throughout the decade, it persuaded many variety of citizens of United States to believe that Isolationism was the answer to fix this crisis. The favoring of isolationism in different parts of the country and people influenced the U.S foreign policies in such a way that the United States Government became an isolationist. They believed that with the various economic hardships in the country, their focus should be on domestic issues, instead of dealing with foreign affairs. The Great Depression caused diverse types of citizens, groups, and even government officials to voice their opinion for isolationism. Consequently, this hugely supported idea prompted the government to hear their beliefs, and eventually lead the nation’s foreign policies towards isolationism.

The roaring twenties was a time filled with hope and change. President Warren G. Harding promised a “return to normalcy”, which reflected his own conservative values and the voters’ wants for stability and order. Americans felt that they had been through more than enough, and desired prosperity. During the years 1919 and 1920 the Eighteenth and Nineteenth Amendments were passed; the outlaw of alcoholic beverages and the right for women to vote, which ones of the many reasons society was turning their backs on Progressivism. Republicans were beginning to return to their previous dominance. The 1920’s was an economic boom for America, including everything from an increase in jobs, a rise in plentiful goods, new consumer products, and the reduction of taxes. The country was filled with jazz music, dance, and what appeared to be a brighter future. The 1929 crash of stock market was the beginning of a downward spiral leading in to the Great Depression. The stock market crash is often to be confused as the cause of the Great Depression, although that is false. A few of the issues that lead to the Great Depression included; farming (which decreased in demand as farms increased through the states during World War I), banking, and mass unemployment. Capitalism took shape as what was once the individualistic Protestant work ethic was reshaped into industrial work on a grand scale. Each worker contributed to the greater good, and the workers were presided over by a boss

The Roaring Twenties is known as a time of prosperity due to consumerism and mass-production from the years 1920 to 1929. This era in American history could be considered one of the most excessive times to date. Because of the United States’ triumph in World War I, the country had its first involvement of being a world power. The increase of consumer goods greatly impacted the U.S. economy during this time of success. Also, the start of the airline industry along with the expansion of automobile manufacturers helped profit banks. Several Americans became dependent on the newly developed methods of payment, which eventually became the American standard way of living. The quest to achieve this ideal lifestyle also known as the American Dream led to a severe shift in the nation’s economy. Through both fiscal and monetary policy along with laissez-faire tactics, the Roaring Twenties ended with the 1929 Wall Street Crash, which was the precursor to the worst economic decline in history, The Great Depression.

“The Roaring Twenties” most accurately depicts the 1920 era for three main reasons, the progression in politics, advancement in technology, and because of how the lifestyle was changing. Starting with the election of William G. Harding, to the invention of movies and the radio and finally with the creation of the flapper. The 1920s sure were roaring!