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23
0
Isabel Last
7/4/2022
History
USA Boom and crash 1920-55
805
•
Jul 4, 2022
•
Isabel Last
@isabellast_sbnm
The American culture and economyunderwent dramatic transformation during the... Show more
The prosperity of the 1920s wasn't universally shared, creating significant economic disparities that would later contribute to the crash. This period demonstrates key American culture and economy differences.
Highlight: The top 5% of the population owned 33% of the nation's wealth by 1929, while the bottom 40% owned just 12.5%.
Quote: "Farmers and Black Americans particularly suffered during this period, with agricultural prices falling and discrimination limiting opportunities."
The chapter explains how certain groups missed out on the boom:
This section details how the stock market crash in 1929 occurred and its devastating impact on the American economy. Multiple factors contributed to the collapse:
Definition: Bull Market - A market characterized by optimism and rising share prices, which dominated the 1920s until the crash.
Key causes included:
Vocabulary: Federal Reserve Board - The central banking system of the United States, which kept interest rates low at 3.5% in 1927.
Example: Between 1921-1928, approximately 5,000 banks went out of business due to poor regulation and risky investments.
The section concludes with the introduction of the Glass Steagall Act in 1933, which helped modernize the American banking system and stabilize the economy.
[Note: Continuing with remaining pages would follow the same format, but transcript ends here]
The post-World War I period saw significant social tensions, particularly regarding immigration and political ideologies. The fear of communism, known as the 'Red Scare,' led to substantial immigration restrictions.
Definition: The Bolshevik Revolution created the first Communist state, generating fear in capitalist America.
Highlight: The Emergency Immigration Act and Johnson Reed Act implemented strict quotas on immigration.
Example: Labor strikes involving 4 million workers in 1919 intensified fears of communist influence.
The 1920s marked significant changes in women's social status and rights, though progress was uneven across different sectors of society.
Highlight: The 19th Amendment in 1919 granted women the right to vote.
Definition: 'Flappers' were independent-minded women who challenged traditional female roles.
Example: Women increasingly worked as secretaries, typists, and telephone operators, though rural life remained largely traditional.
The 1920s saw dramatic changes in American entertainment and mass media, particularly through radio and cinema.
Example: KDKA Pittsburgh became the first major commercial radio station in 1920.
Highlight: Hollywood emerged as a dominant force in international entertainment.
Vocabulary: Feature Films - Full-length movies that became a primary form of entertainment.
The New Deal's effects varied significantly across different ethnic groups in America.
Highlight: The WPA provided employment to 350,000 black Americans annually.
Example: Hispanic agricultural workers faced deportation during the Depression, though some found relief through CCC and WPA programs.
The war period saw significant cultural shifts through various propaganda and entertainment mediums.
Definition: Domestic Propaganda - Government-sponsored messaging to increase patriotic sentiment and support for the war effort.
Example: Disney characters like Mickey Mouse and Donald Duck were used to champion the war effort.
The early 1920s marked an extraordinary period of Economic boom and crash during 1920s, characterized by remarkable growth in America's Gross National Product. The economy flourished due to several key factors including post-WWI advantages and technological innovations.
Highlight: America's GNP rose dramatically from 104 billion, with unemployment remaining low and inflation under 1%.
Example: The automobile industry, particularly Ford's assembly line production, employed 375,000 workers (7% of manufacturing workforce) and produced 1.25 million cars in 1920 alone.
Definition: Laissez-faire - A policy of minimal government intervention in economic affairs, which characterized the Republican approach during this period.
Key factors driving the boom included:
Vocabulary: Fordney McCumber Tariff - A 1922 policy that raised taxes on foreign goods to protect domestic industries.
Our AI companion is specifically built for the needs of students. Based on the millions of content pieces we have on the platform we can provide truly meaningful and relevant answers to students. But its not only about answers, the companion is even more about guiding students through their daily learning challenges, with personalised study plans, quizzes or content pieces in the chat and 100% personalisation based on the students skills and developments.
You can download the app in the Google Play Store and in the Apple App Store.
That's right! Enjoy free access to study content, connect with fellow students, and get instant help – all at your fingertips.
App Store
Google Play
The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.
Stefan S
iOS user
This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.
Samantha Klich
Android user
Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.
Anna
iOS user
I think it’s very much worth it and you’ll end up using it a lot once you get the hang of it and even after looking at others notes you can still ask your Artificial intelligence buddy the question and ask to simplify it if you still don’t get it!!! In the end I think it’s worth it 😊👍 ⚠️Also DID I MENTION ITS FREEE YOU DON’T HAVE TO PAY FOR ANYTHING AND STILL GET YOUR GRADES IN PERFECTLY❗️❗️⚠️
Thomas R
iOS user
Knowunity is the BEST app I’ve used in a minute. This is not an ai review or anything this is genuinely coming from a 7th grade student (I know 2011 im young) but dude this app is a 10/10 i have maintained a 3.8 gpa and have plenty of time for gaming. I love it and my mom is just happy I got good grades
Brad T
Android user
Not only did it help me find the answer but it also showed me alternative ways to solve it. I was horrible in math and science but now I have an a in both subjects. Thanks for the help🤍🤍
David K
iOS user
The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!
Sudenaz Ocak
Android user
In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.
Greenlight Bonnie
Android user
I found this app a couple years ago and it has only gotten better since then. I really love it because it can help with written questions and photo questions. Also, it can find study guides that other people have made as well as flashcard sets and practice tests. The free version is also amazing for students who might not be able to afford it. Would 100% recommend
Aubrey
iOS user
Best app if you're in Highschool or Junior high. I have been using this app for 2 school years and it's the best, it's good if you don't have anyone to help you with school work.😋🩷🎀
Marco B
iOS user
THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮
Elisha
iOS user
This app is phenomenal down to the correct info and the various topics you can study! I greatly recommend it for people who struggle with procrastination and those who need homework help. It has been perfectly accurate for world 1 history as far as I’ve seen! Geometry too!
Paul T
iOS user
The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.
Stefan S
iOS user
This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.
Samantha Klich
Android user
Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.
Anna
iOS user
I think it’s very much worth it and you’ll end up using it a lot once you get the hang of it and even after looking at others notes you can still ask your Artificial intelligence buddy the question and ask to simplify it if you still don’t get it!!! In the end I think it’s worth it 😊👍 ⚠️Also DID I MENTION ITS FREEE YOU DON’T HAVE TO PAY FOR ANYTHING AND STILL GET YOUR GRADES IN PERFECTLY❗️❗️⚠️
Thomas R
iOS user
Knowunity is the BEST app I’ve used in a minute. This is not an ai review or anything this is genuinely coming from a 7th grade student (I know 2011 im young) but dude this app is a 10/10 i have maintained a 3.8 gpa and have plenty of time for gaming. I love it and my mom is just happy I got good grades
Brad T
Android user
Not only did it help me find the answer but it also showed me alternative ways to solve it. I was horrible in math and science but now I have an a in both subjects. Thanks for the help🤍🤍
David K
iOS user
The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!
Sudenaz Ocak
Android user
In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.
Greenlight Bonnie
Android user
I found this app a couple years ago and it has only gotten better since then. I really love it because it can help with written questions and photo questions. Also, it can find study guides that other people have made as well as flashcard sets and practice tests. The free version is also amazing for students who might not be able to afford it. Would 100% recommend
Aubrey
iOS user
Best app if you're in Highschool or Junior high. I have been using this app for 2 school years and it's the best, it's good if you don't have anyone to help you with school work.😋🩷🎀
Marco B
iOS user
THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮
Elisha
iOS user
This app is phenomenal down to the correct info and the various topics you can study! I greatly recommend it for people who struggle with procrastination and those who need homework help. It has been perfectly accurate for world 1 history as far as I’ve seen! Geometry too!
Paul T
iOS user
Isabel Last
@isabellast_sbnm
The American culture and economy underwent dramatic transformation during the 1920s, marked by unprecedented economic growth followed by a devastating crash. The period saw the Economic boom and crash during 1920swith GNP rising from $73 billion to $104 billion,... Show more
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The prosperity of the 1920s wasn't universally shared, creating significant economic disparities that would later contribute to the crash. This period demonstrates key American culture and economy differences.
Highlight: The top 5% of the population owned 33% of the nation's wealth by 1929, while the bottom 40% owned just 12.5%.
Quote: "Farmers and Black Americans particularly suffered during this period, with agricultural prices falling and discrimination limiting opportunities."
The chapter explains how certain groups missed out on the boom:
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
This section details how the stock market crash in 1929 occurred and its devastating impact on the American economy. Multiple factors contributed to the collapse:
Definition: Bull Market - A market characterized by optimism and rising share prices, which dominated the 1920s until the crash.
Key causes included:
Vocabulary: Federal Reserve Board - The central banking system of the United States, which kept interest rates low at 3.5% in 1927.
Example: Between 1921-1928, approximately 5,000 banks went out of business due to poor regulation and risky investments.
The section concludes with the introduction of the Glass Steagall Act in 1933, which helped modernize the American banking system and stabilize the economy.
[Note: Continuing with remaining pages would follow the same format, but transcript ends here]
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The post-World War I period saw significant social tensions, particularly regarding immigration and political ideologies. The fear of communism, known as the 'Red Scare,' led to substantial immigration restrictions.
Definition: The Bolshevik Revolution created the first Communist state, generating fear in capitalist America.
Highlight: The Emergency Immigration Act and Johnson Reed Act implemented strict quotas on immigration.
Example: Labor strikes involving 4 million workers in 1919 intensified fears of communist influence.
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The 1920s marked significant changes in women's social status and rights, though progress was uneven across different sectors of society.
Highlight: The 19th Amendment in 1919 granted women the right to vote.
Definition: 'Flappers' were independent-minded women who challenged traditional female roles.
Example: Women increasingly worked as secretaries, typists, and telephone operators, though rural life remained largely traditional.
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The 1920s saw dramatic changes in American entertainment and mass media, particularly through radio and cinema.
Example: KDKA Pittsburgh became the first major commercial radio station in 1920.
Highlight: Hollywood emerged as a dominant force in international entertainment.
Vocabulary: Feature Films - Full-length movies that became a primary form of entertainment.
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The New Deal's effects varied significantly across different ethnic groups in America.
Highlight: The WPA provided employment to 350,000 black Americans annually.
Example: Hispanic agricultural workers faced deportation during the Depression, though some found relief through CCC and WPA programs.
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The war period saw significant cultural shifts through various propaganda and entertainment mediums.
Definition: Domestic Propaganda - Government-sponsored messaging to increase patriotic sentiment and support for the war effort.
Example: Disney characters like Mickey Mouse and Donald Duck were used to champion the war effort.
Access to all documents
Improve your grades
Join milions of students
By signing up you accept Terms of Service and Privacy Policy
The early 1920s marked an extraordinary period of Economic boom and crash during 1920s, characterized by remarkable growth in America's Gross National Product. The economy flourished due to several key factors including post-WWI advantages and technological innovations.
Highlight: America's GNP rose dramatically from 104 billion, with unemployment remaining low and inflation under 1%.
Example: The automobile industry, particularly Ford's assembly line production, employed 375,000 workers (7% of manufacturing workforce) and produced 1.25 million cars in 1920 alone.
Definition: Laissez-faire - A policy of minimal government intervention in economic affairs, which characterized the Republican approach during this period.
Key factors driving the boom included:
Vocabulary: Fordney McCumber Tariff - A 1922 policy that raised taxes on foreign goods to protect domestic industries.
Our AI companion is specifically built for the needs of students. Based on the millions of content pieces we have on the platform we can provide truly meaningful and relevant answers to students. But its not only about answers, the companion is even more about guiding students through their daily learning challenges, with personalised study plans, quizzes or content pieces in the chat and 100% personalisation based on the students skills and developments.
You can download the app in the Google Play Store and in the Apple App Store.
That's right! Enjoy free access to study content, connect with fellow students, and get instant help – all at your fingertips.
App Store
Google Play
The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.
Stefan S
iOS user
This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.
Samantha Klich
Android user
Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.
Anna
iOS user
I think it’s very much worth it and you’ll end up using it a lot once you get the hang of it and even after looking at others notes you can still ask your Artificial intelligence buddy the question and ask to simplify it if you still don’t get it!!! In the end I think it’s worth it 😊👍 ⚠️Also DID I MENTION ITS FREEE YOU DON’T HAVE TO PAY FOR ANYTHING AND STILL GET YOUR GRADES IN PERFECTLY❗️❗️⚠️
Thomas R
iOS user
Knowunity is the BEST app I’ve used in a minute. This is not an ai review or anything this is genuinely coming from a 7th grade student (I know 2011 im young) but dude this app is a 10/10 i have maintained a 3.8 gpa and have plenty of time for gaming. I love it and my mom is just happy I got good grades
Brad T
Android user
Not only did it help me find the answer but it also showed me alternative ways to solve it. I was horrible in math and science but now I have an a in both subjects. Thanks for the help🤍🤍
David K
iOS user
The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!
Sudenaz Ocak
Android user
In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.
Greenlight Bonnie
Android user
I found this app a couple years ago and it has only gotten better since then. I really love it because it can help with written questions and photo questions. Also, it can find study guides that other people have made as well as flashcard sets and practice tests. The free version is also amazing for students who might not be able to afford it. Would 100% recommend
Aubrey
iOS user
Best app if you're in Highschool or Junior high. I have been using this app for 2 school years and it's the best, it's good if you don't have anyone to help you with school work.😋🩷🎀
Marco B
iOS user
THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮
Elisha
iOS user
This app is phenomenal down to the correct info and the various topics you can study! I greatly recommend it for people who struggle with procrastination and those who need homework help. It has been perfectly accurate for world 1 history as far as I’ve seen! Geometry too!
Paul T
iOS user
The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.
Stefan S
iOS user
This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.
Samantha Klich
Android user
Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.
Anna
iOS user
I think it’s very much worth it and you’ll end up using it a lot once you get the hang of it and even after looking at others notes you can still ask your Artificial intelligence buddy the question and ask to simplify it if you still don’t get it!!! In the end I think it’s worth it 😊👍 ⚠️Also DID I MENTION ITS FREEE YOU DON’T HAVE TO PAY FOR ANYTHING AND STILL GET YOUR GRADES IN PERFECTLY❗️❗️⚠️
Thomas R
iOS user
Knowunity is the BEST app I’ve used in a minute. This is not an ai review or anything this is genuinely coming from a 7th grade student (I know 2011 im young) but dude this app is a 10/10 i have maintained a 3.8 gpa and have plenty of time for gaming. I love it and my mom is just happy I got good grades
Brad T
Android user
Not only did it help me find the answer but it also showed me alternative ways to solve it. I was horrible in math and science but now I have an a in both subjects. Thanks for the help🤍🤍
David K
iOS user
The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!
Sudenaz Ocak
Android user
In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.
Greenlight Bonnie
Android user
I found this app a couple years ago and it has only gotten better since then. I really love it because it can help with written questions and photo questions. Also, it can find study guides that other people have made as well as flashcard sets and practice tests. The free version is also amazing for students who might not be able to afford it. Would 100% recommend
Aubrey
iOS user
Best app if you're in Highschool or Junior high. I have been using this app for 2 school years and it's the best, it's good if you don't have anyone to help you with school work.😋🩷🎀
Marco B
iOS user
THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮
Elisha
iOS user
This app is phenomenal down to the correct info and the various topics you can study! I greatly recommend it for people who struggle with procrastination and those who need homework help. It has been perfectly accurate for world 1 history as far as I’ve seen! Geometry too!
Paul T
iOS user
