The parallels between the 1920s and today are intriguing and unnerving because the Depression was -- after the Civil War -- America's greatest social calamity. Booms often end badly because people and firms -- foolish or too optimistic -- become overextended. Eventually, the United States profited in more money to pay off the enormous debt. Welfare programs were set up to help those survive the depression. Our government at the state and federal levels have many similarities along with differences. Both of these policies were originated by revolutionary men; both helped particular European powers, and weakened certain powers as well. The 1920s began shortly after in World War I when the United States and the Allies defeated the Germans in 1918.
To begin, both economic downturns followed periods of extraordinary business investment, productivity growth, and economic booms. Dance marathons were something people went to every weekend. Communications were slow, but people tended to trust the media. The war had accelerated their entrance into business, industry, and the professions and their adoption of practices, such as drinking and smoking, traditionally considered masculine. One of these ways was through illegal drinking establishments known as speakeasies. A comparison essay is an essay in which you emphasize the similarities, and a contrast essay is an essay in which you emphasize the differences. Conservative politics produced the economic boom in the 1920s and lasted the entire decade.
For the majority of the population, New Deal legislation defined minimum standards of living: the Fair Labor Standards Act set minimum wage and maximum hour limitations and included a prohibition on child labor in interstate commerce; the Social Security Act made provisions for old-age and disability pensions, unemployment insurance, monthly payments to mothers living alone with dependent children, and direct assistance to the blind and crippled. No matter how hard Mao tried, he was not very successful in trying to change the value system in China. The economy and the stock markets reacted to both the increase and the decrease in economic activity during the late 1920s and the 1990s. In the United States in the early 1920s, a new stage appeared with different movements in the areas of politics, economics, society, culture, and foreign policy. Artists focused on the common man. But after law of prohibition was made official many avid drinkers ignored the law and were coming up with creative ways to still consume alcohol. So, most people, unless they lived in cities where sports were played on a large scale, didn't have access to the information that we have now.
Hardly anyone thinks that it could happen again. Your support will help us to build and maintain partnerships with educational institutions in order to strengthen teaching, research and free access to our content. They kept interest rates too high so that speculators wouldn't convert investments into gold. His teaching and research domains include marketing, branding, retail and advertising. These products are all electrical and technology-based.
Also, running was heavily dominant … compared to the forward pass which back then could only be used 5 yards behind the line of scrimmage. The government, however, somehow equated the high prices of the inflationary '20s with prosperity and attempted to prevent a fall in prices by such things as slaughtering livestock, dumping milk in the gutter, and enacting price supports. People then, as now, were transfixed by the stock market. Adolescents responded to issues through altering their habits, behaviors and viewpoints. He secretly granted the Mammoth Oil Company exclusive rights to the Teapot Dome reserves in Wyoming after President Harding transferred supervision of the naval oil reserve lands from the navy to him. Consumers with loans feared that if they defaulted, their car or refrigerator would be repossessed.
When Coolidge decided not to run again in the 1928 election, the Republican nomination went to Herbert Hoover who easily won the job as the new President. Isolationism stilled the same because the U. The first major test for the League came when the Japanese invaded Manchuria in 1931. Some big ones were Ernest Hemingway examples of his work are In Our Time and The Sun Also Rises … F. The debt outstanding metric indicates that the Great Recession was not over by mid-2012 and would be worse than the Great Depression; only the first part of that projection turned out to be true by mid-2014.
There wasn't a great deal of specialization, and that made it easier for someone to move laterally from one occupation into the next, without extensive retraining, since people were more able to produce the basics of life on their own. Fashion trends and behaviors of people in 1920s and 1930s were significantly impacted by Film. During the boom years of the 20s, the drastic recovery and powerful developments were observed. Lastly, Canadian citizens would smuggle alcohol from distillers over to the United States in exchange for money. But despite their similarities, they too acquired distinctive qualities throughout.
They went 110-44, winning by 19 games, and led the league in just about every category. People had to be entertained in order to forget their financial troubles. During his first term, the New Deal had little direction and was not very liberal until later. They were similar and different in writing styles. My second reaction was: Lots of people may be asking similar questions. They swept Pittsburgh in the World Series.
However, in the south, instead of the church member being the boss, land owners were the dominant party. However, in the 1930s many things changed; Roosevelt was elected as a President, unemployment rose, the U. Because the poor had no money to experience expensive entertainment, there was less of a difference between high culture and pop culture. Compare and Contrast Styles in the 1920s Styles in the 1930s Mannish look became trendy; clothing was loose-fit and shapeless at bustlines and waist, and hung straight down from shoulders. Great technological advances were also made in the 1920s. When many people study history and learn the mistakes from the past, it would be easier to able to understand the present.