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.
Apart from the social injustices, the progression and good far outweighed the bad. It was two steps forward and one step back while the economic effects were one huge leap forward and a just as big step back. There were more than a handful of inventions and discoveries that revolutionized American society, led to urban sprawl, made tasks exponentially easier, and were the centerpiece for recreation. Cars were mass produced and people decided to live outside the cities and take vacations more frequently. They produced many new jobs with the need for new roads since the American landscape was drastically expanding.
The spread of technological advancements was key to the increase in consumerism. This led to the development of new consumer goods, which could be produced in greater quantities. For example by 1930 30%of families owned a vacuum cleaner and 8% owned a fridge. People benefited from the goods as much as the economy benefited from them purchasing them. The use of advertising was used to increase demand; billboards were placed on busy roads to attract people attention.
Communications revolution – number of telephone doubled/ number of radios increased from 60,000 to 10 million. Stock market – Wall Street boomed (a 'bull' market) with many people buying shares to make a profit. Many new businesses were 'floated' on the stock market such as skyscrapers, highways and urban development. Skyscrapers became a symbol of wealth and boom in America in 1920’s this was showing that the prosperity was shared across the country The industry boomed for several reasons such as; Population growing rapidly increased demand for consumer goods. Abundant raw materials such as coal iron and oil allowed cheap
(Champagne & Harpham, 21) Texas seems to be urbanizing more and more. This shift brings about economic growth and diversification which means new roads will have to be built, more construction, and expanded water and sewer systems (window.tx.state.us, Susan Combs, Texas in Focus: A Statewide View of Opportunities) thus creating many more jobs as well. A state that was once majority Anglo’s has become a state of all races, which has also driven the growth in population. Texas is now a state where different ethnicities have a larger number that the Anglo’s. People are coming from all over to work in the oil field particularly.
This booming period of economic expansion was often referred to as the “Roaring Twenties”. Society found new freedoms changing social attitudes. New technologies bought about the new economy. Economic growth was high due to growth in the automobile industry, new technology, and mass production. “Machinery “proclaimed Henry Ford, is the new Messiah.
The cost of each load was about $10/ton for the Erie Canal. The Transcontinental Railroad led to great economic growth in many ways. One way was that it made transporting easier. It helped people get from place to place, and to transport their goods from place to place. It went from the Central Pacific, to the Union Pacific.
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 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.
A Golden age is such a time when a certain civilization or ruling power has an economic boom and is doing very well in generally every aspect. Golden ages can last hundreds of years or just a short time. One example of a golden age was in Islam this golden was a huge leap in many aspects of culture, art, architecture, education, religion, sciences, and the economy. Ancient Islam was very diverse with many cultures including Arabs, Persians, Egyptians, and Europeans. As humans naturally do, the Islamic people learned from and blended customs and traditions into theirs.