THE ROARING 20S 1920 1929
1920S AMERICAN CULTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the buying and selling of stocks
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the overproduction of consumer goods
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the sharp increase in the birth rate
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the widespread use of buying on credit
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Detailed explanation-1: -For many groups of Americans, the prosperity of the 1920s was a cruel illusion. Even during the most prosperous years of the Roaring Twenties, most families lived below what contemporaries defined as the poverty line. In 1929, economists considered $2, 500 the income necessary to support a family.
Detailed explanation-2: -Many people believe that the 1920s marked a new era in United States history. The decade often is referred to as the “Roaring Twenties” due to the supposedly new and less-inhibited lifestyle that many people embraced in this period.
Detailed explanation-3: -The Roaring Twenties was a period in American history of dramatic social, economic and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and gross national product (GNP) expanded by 40 percent from 1922 to 1929.
Detailed explanation-4: -In the Roaring Twenties, a surging economy created an era of mass consumerism, as Jazz-Age flappers flouted Prohibition laws and the Harlem Renaissance redefined arts and culture.