The Aftermath of World War I

927 WordsFeb 19, 20184 Pages
The aftermath of World War I left a lasting impression on the 1920s because America entered the Great War later than the big European countries. This gave them an upper hand in their economic position since they did not spend as much money as France, Germany, and Britain did. This ignited their unprecedented affluence which had a domino effect in America’s society in terms of government’s relationship to business. Another effect of the First World War is the Red Scare and America’s prejudice and fear against the minorities shown through the immigration policies it established. These changes in the economy increased living standards, evidently seen through the consumer culture, progressive innovations, and increased consumption. This illusion of expanding prosperity came to an end with the stock market crash in 1929. This opened America’s eyes to their limits which make the 1920s a decade imperative for its legacy rippled throughout our history. With the Republicans in control of the White House, the policies of promoting business while limiting government control was in favor. President Calvin Coolidge stated, “The business of America was business,” which was the truth as America plunged into a prosperous economic growth fueled by the consumer culture and other new ideas. The booming economy was led by the automobile industry. This was started by Henry Ford, who pioneered two developments that made this industry growth possible — standardization and mass
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