In: Economics
At the beginning of the 1920s, the American people were generally:
1920 is a decade of change and also known as jazz age. This
period featured economic prosperity and carefree living for the US
people. There is an expansion in the consumption behaviour of the
people. Most of the Americans owned cars, radios, telephones in
first time. Telephone made huge change in the connection between
the people. This raises the prosperity of the economy. There is a
substantial change in the industries like tobacco, textiles and
furniture. This leads to shifting of farmers in rural areas to
urban places. The Eighteenth Amendment was introduced during this
time. This makes prohibition of the sale, transport and
manufacturing of alcoholic beverages. There is a change occurred in
the music style also. The development of aviation also seen in this
period. The road developments were seen in this decade. This decade
was a period of learning and exploration. This change the economic
conditions and being US into a world power.
The consumption pattern of US people changed and developed during
this decade. There is a trend seen in the urbanisation in US
economy. There is a large scale diffusion and use of automobiles,
telephones, motion pictures and electricity. There is an
unprecedented growth in industrial sector. This accelerates the
consumption demand and preferences. There is an equal right ensured
for women to cast their votes. Radio and television played an
important role in the consumption level of the people. There is a
drastic cultural change also seen in the society of US. There is
sexual liberation seen in all the communities. A