The rapid industrialisation increased immigration into the US making necessary city growth. Exemplifying this, the borough of Queens, across from the East River of Manhattan, doubled its population in the 1920s. Similarly, Grosse Point Park near Detroit grew 7000 percent as well as Shaker Heights outside Cleveland growing 1000 percent. Urbanisation was impacted greatly by industrialisation and caused great changes to the US in the 1920s. In the 1920s period, America experienced rapid economic growth.
This happened because American businesses were on a rise and they created 12 million jobs. There were also key states like California that came out of the economic recession. California had growth that was being driven by high tech industries, entertainment, and foreign trade. The 1990s was also a time when the stock markets soared. There was a rising demand for shares in what is called blue-chip companies and internet companies also began to rise with value from individual portfolios, retirement accounts, and pension funds.
As the Atlee legacy came to an end in 1951, Britain began reaping the benefits of a post-war boom, moving from the age of austerity into the age of affluence. Weekly wages were increasing, £8.30 in 1951 to £15.35 ten years later. Macmillan’s very popular pledge of 300,000 houses per year led to a surge in home ownership, helped by easy access to cheap mortgages. There was a boom in car ownership and consumer goods such as televisions, washing machines, refrigerators and new furniture. Unemployment never exceeded 900,000 in this period which brought comfort to a generation who had not forgotten the perils of the high unemployment in the 1930’s.
Generally, the agriculture production in this period saw a rise from the 74.5 million tonnes of grain harvested in 1913 (while Russia still operated under the Tsarist regime) to 97.1 million in 1940  . This then had the effect of increasing industrial growth as there was more food to support the workers with. A lot of this grain was used for export purposes; this portrayed communist Russia as a rich and
How far was the growth of the American economy in the years 1890 to 1914 due to the rise of big business? (24 marks) From the years 1890 to 1914, the rise of enormous business prompted mind-blowing development of the American economy. Formation of trusts among the nation's heading organisations, for example, Carnegie Steel and Rockefeller Oil took up a dominant part of the business sectors. The American economy developed quickly amid this period, despite the fact that it was not developing as emphatically as in the 20s. Huge business unquestionably had impact in this development of the economy, yet there are still other additionally political and social impacts to consider.
Adams provided information to support that World War II was in fact the best war ever, “The U.S gross national product increased 60 percent during the war. And while living costs rose 30 percent, total earnings went up 50 percent. By 1945, the United States owned two-thirds of the world’s gold reserves, half its shipping, and more than half its manufacturing capacity.” The recovery the United States economy went through is unbelievable, this was looked at as a “magic formula” that needed to be repeated if America was ever in a horrible place such as the Great Depression that left 8.9 million people unemployed. “Had the government spent as much during the Depression to pump the economy as it during the war, it would have achieved the same spectacular results.” During World War II the United States government spent a grand total of $323 billion dollars; but in order to achieve recovery financially there had to be just as much spending. According to a secondary source I found on an online database, the information provided supports the point Michael C.C Adam’s made in chapter 6.
Models combined with a phonograph ran as high as $250. Also radios offered more opportunities for advertising. Without the radio we would not be where we are at today it was the first step in the new age of technology. Cinema was a big change in America because as everyone had domestic saving devices there was more time for leisure, so more and more people started to go. The first talkie was made in 1927and this was a massive fascination for people and by 1930 more than 10 million cinema tickets had been sold.
DBQ Essay 10/11/12 During the 1800's, construction of the Transcontinental Railroad, and the Erie Canal led to great economic growth in the U.S. They both made transporting easier during 1860- 1890. The Erie Canal led to great economic growth in many ways. One way was that it made transporting easier for people and their goods. They used the Erie Canal for many reasons, but the main reason was to bring goods to and from places to make a profit.
ASSIGNMENT 2 PROGRESSIVE ERA THROUGH The GREAT DEPRESSION The Prosperity Era or what is also known as the roaring twenties were a fun time for Americans and a time full of changes. “The 1920s were an age of dramatic social 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 this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” People from coast to coast bought the same goods (thanks to nationwide advertising and the spread of chain stores), listened to the same music, did the same dances and even used the same slang! Many Americans were uncomfortable with this new, urban, sometimes racy “mass culture”; in fact, for many–even most–people in the United States, the 1920s brought more conflict than celebration.
The expansion of the auto industry stimulated other industries and directly or indirectly provided jobs for millions. The price competition for cars ended because new cars were coming out yearly and cosmetics of the car was now a factor. The credit system was also invented in the 1920’s.