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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