Did people in the USA become more prosperous in the 1920's - Explain your answer
Date Submitted: 06/13/2004 07:49:20
Did People In The USA Become More Prosperous During The 1920's ?
Explain Your Answer
After World War 1 the Americans who were run under a Republican Government decided to return to a policy of isolationism. The nine years that followed 1920 were often called the Roaring Twenties. It was a time when cheap cars, radios, refrigerators and many other advances in electrical equipment changed American lives, and when skyscrapers began to rule the skyline. The American public
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massive loss of business caused share prices to suddenly decrease. People began to frantically sell their shares as their value dropped. The two necessities for a successful Stock Market were no more. On the 24th October 1929, the fragile Stock Market collapsed and people panicked and sold all their shares until they were rendered worthless.This was known as the Wall Street Crash.
America and her people were no longer prosperous and faced a great depression.
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