The technological and cultural changes ushered in the modern world. Radio and new forms of entertainment caused great consumer economy. With mass production came mass consumption. In all this decade was one of great change that helped shape the world we live in
Explain why the US economy ‘boomed’ during the 1920’s? An economic boom is the rapid growth in a country’s money making that leads to increased prosperity and wealth. The 1920’s was a time of extreme highs and lows, a time of dramatic changes in society and many new inventions. Many American industries boomed in the 1920s, with the economy doubling in size. This economic boom was based around consumer goods-luxury items that many Americans wanted to buy but didn’t really need.
The Bill was created to prevent a repeat of the Bonus March of 1932 and a relapse into the Great Depression after World War II ended. The American Legion (a veterans group) was essentially responsible for many of the Bill’s provisions. The Legion managed to have the bill apply to all who served in the armed services, including African Americans and women. The fact that the Bill paid for a G. I.’s entire education encouraged many universities across the country to expand enrollment. For example, the University of Michigan had fewer than 10,000 students prior to the war, but in 1948 its enrollment was well over 30,000.
The subject of change has always been a prominent area of analysis among historians and the like. The focus of this essay regards the extent to which cinema in the 1920s US informs about the forces for change in society. The inter-relationship between the impact the society on cinema and how a popular film influences the society in turn is undeniably significant. In the 1920s, the American industry, or “Hollywood” reached what is still its era of greatest-ever output, producing an average of 800 feature films annually, or 82% of the global total. Cinema became one of the most popular leisure activities during the 1920s with in particular young Americans visiting the cinema two to three times weekly.
The 1950’s The 1950’s is known as an Era of optimism and prosperity in America. The 1950’s were a time of fun, entertainment and prosperity. It was a prosperous decade mainly because of World War 2 which got the United States out of the Great Depression. The recovery of Europe and japan allowed them to start trading with the United States which boosted the U.S economy. Also people were dying to spend their money after the war because there was nothing to spend their money on before, making wages and savings accounts at an all time high.
The Roaring 20’s The “roaring twenties” also known as the New Era was a decade of growth after World War I that ended in post-war America. During this time America was full of prosperity, growth, and the standard of living rose greatly as more people began living in urban areas. Throughout this decade many changes occurred including new inventions, technology, cultural developments, and the overall transformation of the American-society. The major characteristics of the twenties were interrelated with the development and influences of a greater society and shared a variety of common causes. The development of new inventions and technologies had a huge impact on America during this era as they became crucial in most people’s lives.
5. What were the causes of the American economic boom in the 1950s? How did prosperity affect the nation socially, politically, and economically? * A pent up demand for consumer goods fueled a steady industrial expansion. Personal savings grew, so people could afford to buy more.
The 1950’s were a time of innovation and optimism. After breaking through the Great Depression and emerging victorious from World War II, Americans were confident in their nation and hopeful for the future. We were becoming a nation of consumers, and innovations in communication allowed us to develop trends and a mainstream popular culture. A new demographic, the teenager, was becoming a dominant force in American society, especially in steering the music industry. All of this optimism and forward thinking was apparent in the music industry of the decade.
The industry has produced large numbers of movies at that time, thus leading to a humongous success at the box office. They are mainly hero action movies and comedy. From the data sources taken from Census and Statistics Department and Commerce and Economic Development Bureau, we can see local movies have brought a total of 1240 million Hong Kong dollars to the box office in Hong Kong in the year 1992. On the contrary, the box office of foreign films has reached 312 million Hong Kong dollars, which is only one-quarter of the box office of Hong Kong movies. This fact proved a golden era for the Hong Kong film
Reasons for the economic boom in the 1920s America experienced an economic boom after World War 1 ended because of many different factors. There was a rapid increase in industry and this caused many more people, including women to become employed and to earn their own money. Many new industries were created in the 1920s; one of the rapidly increasing industries was the car industry. Henry Ford revolutionised the production of cars by creating mass production. This meant that people had one specific job on the production line that they repeated over and over so they became very good at this one job, this meant that the T-ford model could be produced every 10 seconds.