In order for corporations to make money, they produced things related to the rising popular culture. [3] The rise of this new culture was due to an increase of cities, rise of a consumer society, and the change in morals and behavior. [4] During the twenties, more than half of the population lived in cities. New social classifications were created: laborers and managers, blue collar and white. [5] There was also a rise of leisure time, emergence of an urban middle class, technological advances, and an increase of wages.
Industry transport grew, in 1870 rail goods yard built to handle increasing transport requirements of industry. In the 1890s, Pyrmont and Ultimo were thriving industrial suburbs with a combined population of 19,177.In 1900, residential population grew to 19,000. More workers were attracted to settle in the area, close to employment. It acted as an important industrial area from which wool was shipped, sugar refined, flour milled, and generated electricity for the city. Between 1939 and 1945 the Second World War changed the area, with the ports handling war supplies.
Now we can compare Japan’s chart of cotton yarn (Document 2) with India’s cloth textiles. (Document 2) shows that Japan is quickly entering the textile marker by its great increase in pounds of yarn made. This is due to the increased use of machines in Japanese textile making. An additional document would be useful by separating Document 2 in to two documents one being Hand spun yarn and the other being machine spun. It would be easier to compare and accurately account the increase of mechanization in japan’s textile industry.
The length of railway tracks in Russia increased form 31219 miles in 1891 to 58392 miles by 1904. In the same time period, Russia’s coal production increased from 6.01 million tonnes to 18.67 million tonnes. This shows how the government’s investment in expanding and modernizing the country’s railways resulted in significant economic gains. This was a result of an increased ability to transport raw materials to areas with the greatest population, such as the area surrounding St Petersburg. The railways, particularly the Trans-Siberian railway, also gave Eastern Russia a link to Europe and Western Russia a link to the Pacific Ocean, which made it easier to export Russian goods.
Who were the winners and losers in the roaring 1920’s? Between 1922 and 1929 the annual Gross National Product of the USA increased by 40%. The average income per head increased by 27%. By the beginning of the 1920’s the United States of America was already the world’s largest industrial power. Highlights of the boom included; Consumer boom – growth of personal possessions (Woolworths, hire purchase, commercial travellers).
The Influence of China’s demand for Australia’s resources on our Economy Globalisation has been occurring rapidly in the recent decades throughout the world which has resulted in the free movement of people, the advancement in technology and an increase in global trade. This has allowed countries around the world to integrate and influence foreign economies more dramatically. Trading can even go back to the times of World War 2 to the times of 2000 when Australia’s globalisation was increasing trade with Asia like China. China is a small country who has a population over just over 1.3 Billion, there economic growth rate stands at 9.6% [1] and as a result they have a reasonably high inflation rate of 6.2%. [2] The influence of China’s
I think that the most major demographic change in Texas over the years would definitely have to be population growth. Texas is fast growing and we are a very diverse area. Many rural areas are becoming urban areas and it seems like is happening quickly. The population growth can be credited to three major factors: natural increase due to the difference between births and deaths; international immigration; and domestic immigration. (Champagne & Harpham, 21) Texas seems to be urbanizing more and more.
Running Head: THE ROARING TWENTIES 1 The Roaring Twenties What Made it Roar? THE ROARING TWENTIES 2 Following severe post war depression in the 1920s, the American economy was booming. The 1920s saw new discoveries that became the foundation of thriving businesses. New businesses and production methods allowed large profits of new factories and higher wages. This booming period of economic expansion was often referred to as the “Roaring Twenties”.
The expansion of physical output meant that business men had a larger volume of goods to market. The change which occurred in consumption habits before the depression seems expectable mainly in terms of these four underlying trends. The introduction of a huge number of goods was one reason consumers became more prominent. With the start of everything, it was the led of the automobiles.
The U.S. Hispanic population is the largest minority segment and is growing at a dramatic rate which has already occurred in the most populous states and is beginning to occur among the U.S. baby population. The future U.S. economy will depend on Hispanics by virtue of demographic change and the social and cultural shifts expected to accompany their continued growth. The growth in the marketing of fast food and groceries to the growing Hispanic population is something that marketers need to acknowledge in order to serve the interests of these consumers. The Hispanic population is projected to nearly triple, from 46.7 million to 132.8 million from 2008 to 2050. This means that the U.S. Hispanic population shares will double from 15% to 30% and nearly one in three U.S. residents would be Hispanic.