The 1920's
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The 1920's
The 1920's
The 1920's were a decade of enjoyment, employment, and for some
disappointment. It was a decade classified as the "roaring twenties." Men returning from World War I had to deal with unemployment, wheat farmers and oil companies were striking it rich, new modern conveniences were being thought up, and fashion was a major issue among the rich.
During the twenties the economy had a definite impact on the society. It benefited some, but hurt others. The people that benefited were the prairie farmers and the oil companies. The people who didn't benefit were American soldiers returning from WW1. Around the middle of the twenties, a wheat farmer was the person to be. Business was booming for all the wheat farmers, places like Europe, which were in war, were hungry for American's wheat and contributed tremendous business to the American wheat industries. Farmers began making more money than ever before, and they started buying farm machinery to take place of their cattle and horses. Prices of wheat were at an all time high, which gave America's wheat industry an even bigger advantage and a bigger form of money making in our economy. American soldiers on the other hand who had returned from war were expecting to be employed when they returned, but not even after fighting for their country could they get a job. It was very hard to get a job because women and immigrants had taken them all during the war. American soldiers were surprised at how difficult it was to get a job. While they were out fighting in WW1, people who had business relating to military were striking it rich because of all the military equipment that was needed for the American army, to supply the soldiers who were fighting in the war. Unemployment was something that white men had very seldom
dealt with before.
During the twenties another discovery led to a rising economy for America. The oil industry struck it rich in Turner Valley Alberta, where a huge oil discovery took place....
- Submitted by: lexevawkn
- Date Submitted: 09/30/2005 01:39 AM
- Category: American History
- Words: 797
- Pages: 4
- Views: 1160
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