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Period: to
The Roaring 20s
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Cancelled Contracts 11 November 1918
After WW1, the government cancels contract. Economy suffered because of the war. In the 1920s, lots of change happened. For the first time in American history, more people lived in cities than farms. People were able to spend more money, since their economy was becoming better. People from coast to coast bought the same stuff, said the same words, listened to the same music. 1920s brought more conflict than celebration. Women were allowed to vote in 1920. Lots of women had white collar jobs. -
Stock Market Crash
Investors begin selling off lots of shares and stocks. 12.9 million shares were traded away. This day is known as Black Thursday. 5 days later which became Black Tuesday 16 million more shares were traded away. because of this panic swept Wallstreet -
Franklin D. Roosevelt
He wanted overwhelming victory against Hoover. Hoover became so unpopular because he failed dealing with the Depression. When the GR began the US was the only industrialized couunty in the world. -
American Unemployment
By this time close to 15,000,000 were unemployed, and half of the country's banks failed. -
Social Security
The government takes money from your income and helps you if u get retired and can't work anymore. -
Objects in 1920
Radio was the biggest thing. By the end of 1920 there was a radio in more than 12,000,000 households. People started going to the movies. Automobile becomes the most important technology. Bank lend people money to buy things they needed for their houses. -
Volstaed Prohibition jan 16, 1920
Every bar, tavern, and saloon was closed in the USA. -
Social Conflict 1 Jan 1929
Conflicts between city people and small towns, protestins and catholics, blacks and whites, and new women and old fashioned family values. These are some things that caused conflict during this time. -
Period: to
The Great Depression