Boom to Bust Visual Essay By: isabella latorre

The 1920s

The 1920s were filled with cities full of people and joy. This time was basically an era you would only imagine coming from a movie, filled with light and diversity. People from all over wanted to experience this new youth culture and many did travel to the cities to experience it themselves. "The Roaring 20s" attracted most of the american population especially the youth.

Family Values

The 1920s consisted of many things. Many families during this time were very traditional and had very different values then we do now. In the 20s families were usually wide ranged and included many children. The traditional values quickly altered and many old habits were abandoned and new ones were formed as the first world war came to an end.

Home Life in the 1920s

Home life for the American people was very compelling. Usually people didn't have to worry about their financial status and families were usually big and happy. Most families were wealthy enough to give the proper care to their children and families mostly stayed together.

Home Life in the 1930s

When the stock market crashed, millions of people lost their money along with the banks. American life drastically changed from a comfortable suitable life to a total disaster. People started to do whatever it took to make any money at all. People would make makeshift homes out of garbage and they always wondered where their next meal would come from. The middle class was struck the hardest and many people lost their jobs. Birth rates fell and families were no bigger than 4 people. Husbands usually ran away from their families and the women had to try and provide not only for themselves but their young too.

Leisure Time in the 1920s

Many people in the 1920s would watch television or go to the movies to entertain themselves. Many people would also drive around town with their families if they could not afford the luxuries of television. People with money also went to sporting events to enjoy themselves and have a good time. Night clubs and Speakeasies were also very popular and during this time period and they were usually always filled.

Leisure Time in the 1930s

In the 1930s people would still partake in many of the activities they participated in, in the 20s. Even though times were tough they found it comforting to head out and enjoy themselves while watching a movie to forget all of their problems. Many people took comfort in all of the activities that they used to do with their families tried to escape their harsh reality. African americans experienced the Depression in a very harsh manor.

African Americans and Mexican Immigrants

Just as the culture of the African Americans started to advance, the stock market crashed and living conditions and racial tensions seemed to become more severe. Mexican Immigrants also had it rough, many of them were sent back to Mexico so there could be more jobs available for the white work force. Even Mexicans that were American citizens were sent back due to lack of jobs. Some of the Mexicans boarded the train voluntarily but some were tricked or forced to board the trains.

Economy In the 1920s

In the 1920s the Economy was thriving. Many people were buying stocks and investing into upcoming successful businesses. Consumerism even brought up the demand for items. People kept on investing their money and buying things that weren't even worth their expenses. Sooner than later, people were putting their money in on margins and the money didn't actually exist. Stock prices rose far higher than the companies actual worth.

Economy in the 1930s

In the 1930s since the stocks were being bought on margins and the stock prices rose higher than their actual worth, people started to withdraw their money and they began to sell their stocks. As more stocks were being sold and people started to withdraw their money, stock prices began to fall as well and sellers started to panic. People lost the millions of dollars that they had invested. After the crash millions of businesses started to close and 25% of the population were left unemployed.

Bankers, stockbrokers, and business owners

When the stock market crashed, many people lost their jobs including the stockbrokers. Stock brokers would facilitate the sale of the stock on the stock exchange. Overtime a stock was purchased a stock broker would gain commission. Many stockbrokers were well off and lived in a life of luxury. Stock brokers lost all of their money during the crash and they went from living in a life of money to not having single cent in their pockets. Business Owners were also hit hard, many of the businesses were closed down and many workers were left penniless.

Role of Government 1920s

In the 1920s the government didn't really help out with any issues, but during the 1930s when Roosevelt was elected the government was working off the charts! The role of government during this time changed drastically during this time. Since Hoover did not bring any government policies to action, he was already too late and over 16 million Americans were out of work. Since there was no money, Veterans marched to the white house coming to claim the $1,000 dollars Hoover promised them for fighting in the war. Hoover did not give them the money and they started to protest right outside of the white house. President Hoover sent war machinery outside the white house to try and fend them off. Many people were left with no money or shelter and did anything just to get some money.

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