Economy (Bankers/ Stockbrokers)
In the 1920s businesses started creating advertisements to try to persuade people to buy their items. Additionally, in the early 20s the stock market began to rise because everyone was investing in it because they believed it would grow. But in 1929 the stock prices began to fall and it led to $40 billion in stock value had been lost.
Business Owners in the 1920s were very successful before the crash.
After the stock ,market crash many businesses started to close or layoff workers. Families didn't have money to buy things they needed and consumer demand for manufactured goods fell off. When factories and stores shut down many workers lost their jobs and the unemployment rate hit a peak of 25% which was equivalent to 13 million people.
Home Life (Women)
During the Great Depression no one cared about women's rights anymore, there was a traditional belief that women belonged at home, not at a workplace. Society viewed men as the working ones and women as people who stole jobs from men. In the 1920s men were mostly the family members who made the money while women cooked, cleaned, and cared for the children.
Home life for African Americans in the 1920s
Most women's husbands were still unemployed but had to have a pay cut in order to keep their job. Women's home jobs became harder-they had to sew their own clothes and bake and cook their own bread and food.
Leisure Time (African Americans)
Blacks created the Harlem Renaissance in the 1920s. Harlem was filled with talented black writers, musicians, actors, painters, and other artists who created new songs and paintings, etc. African Americans created jazz and jazz was known to ¨shape America¨
Americans used cinema and art to get their minds of their daily struggles. On average 2 out of every 5 Americans saw at least one movie per week. People also used radios where bands, comedians, and soap operas could be broadcast.
Role of Government(Business owners/ Industrialists)
After World War l businesses began to produce "convience items"-these were products that would make everyday life easier. The rise in consumerism and the option for people to now start buying things on credit(buy now, pay later) caused a surge in production and profit for businesses. By the end of the 1920s were overproducing and after the crash people lost almost all their money and weren't buying as much. This resulted in many businesses being shut down.
When FDR was elected he proposed a series of "New Deal" programs that tried to help industries recover economically. The National Recovery Administration(NRA) aimed to rise the prices of goods to boost employment. The Public Works Administration(PWA) used $3 billion to build largescale infrastructure projects across the country.
The 1920s and 30s were errors of great change for the United States. Although both lucky to help, they still were very different from each other because many things differed from before and after the great depression. However, there are also many similarities. The four main groups of the 20s and 30s that were easy to compare contrast or leisure time, of the 20s and 30s that were easy to compare contrast or leisure time, role of government, home life, and the economy. Leisure time for African-Americans in the 20s and 30s stay the same because in both areas African-Americans found enjoyment for themselves and help themselves have a better life. In contrast, during the 1920s African-Americans created their own entertainment by writing songs, painting, playing instruments and writing books.but in the 1930s they found entertainment from different things like radios or movies. Additionally the role of government between both decades had something similar and other things that were different. they were alike because in both arrows businesses were not doing well because of the stock market crash. But they were different because businesses weren't doing well so they close in the 20s, but when FDR became president in the early 30s he started making New Deals to help America and its businesses. furthermore I compared and contrast it home life for women. Furthermore I compared and contrasted home life for woman. in comparison during both decades women were unemployed. but in the but in the 20s only some women had jobs, and those who did review it as people stole jobs for men. In the 30s most women didn't have jobs and had to make most things homemade. Finally, the stock market please a very big role in both decades economies. however most of the 20s was the stock market doing well and helping the economy (first eight years), But the first couple of years of the 1930s was America going in debt and everyone struggling.