Oct 16, 2012

$$$ 1920s Economy $$$

The economic state of the U.S. in the 1920s was fairly positive.  World War I had just ended, and so after all the rationing and lack of resources, American life as usual was beginning to return.  As shown in the chart at right, the economy recovered rapidly from the early 1920s on.  This caused an increasing interest in leisure activities, parties, movies, and other events that cost money.  Air conditioning became a common feature of residential homes, instead of only businesses and theaters.  Without the war impeding travel, more people were interested in sightseeing, so America saw numerous improvements in the design of trains, planes, and automobiles.  As a whole, the 1920s were a time of discovery, comfort, and pushing the bounds of the unknown.  It was not until the 1930s that the Great Depression came and caused the economy to plummet once more.

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