Boom To Bust | Hailee Daunis | Period 6 |

How African Americans Home Life Was Affected

This is a picture of African Americans outside their home during the swinging twenties.
When the depression hit, many African American Families were forced out of work and into poverty.

During the 1920s, home life was enjoyable. Majority of the population had electricity, plumbing, and a warm place to sleep. Most families spent their time listening to the radio, where they can listen along to songs, shows, and fireside chats. Although during the 1920s, most lost access to these things. Most families didn't have the money to afford a house, electricity, and plumbing. Some moved into makeshift homes called Hoovervilles, while others lived in the streets or traveled. None had access to the things they enjoyed at home. African Americans had a difficult time sustaining health and making a living. During the swinging twenties. most in the north lived in crowded city apartments ( Most of the African American society lived in Harlem ). They mostly slept at home, and some families had radios. Most families were away from home all the day. Whilst in the depression, gradually they fell worse. Most jobless whites took over the common African American jobs, so majority of the black population was out of work, as it was taken over by whites. Therefore, only some could achieve jobs. Most got very low pays, and those without jobs got none. In conclusion to losing jobs, African Americans lost their homes, or lived in poor living space.

How Womens Leisure Time Was Affected

Many women went by what was known as Flappers, the new 'style' for women of the 1920s.
In the 1930s, all dreams of being flappers were gone. Many women had to stay home in harsh conditions to care for children and do housework. Some were also abandoned by the men of the household, so they also had trouble finding work.

As the twenties swung on, families made the most of their lives. Many young adults and teens tried to 'follow the crowd.' Although, the older generation that lived before WWI began, thought of this as a discrimination and wrong. Families enjoyed going to movies or plays, going to music concerts ( ex. jazz concerts ), and staying out late. Many men and women started drinking and smoking as well. Although after the stock market crash, families lost large quantities of money. They were now unable to do things they enjoyed before, or now can only do them less. Majority of the nation didn't have the money to spend on extra fun activities, like going to bars or the theater anymore. Going back to the 1920s, women were boosting with creativity. They brought up new styles that spread like wildfire. Many women started to take jobs that only men would take, and during their free time would do things that before, only men would do. They went to bars, partied late at night, and danced for crowds. Many women became whats known as 'flappers,' which were very rebellious women that took after a mans hobbies, looks, and likes ( and did some unexpected things as well ). After the stock market crashed, women lost most of the things that made them, themselves. Their jobs were taken by men, and they had to go back to helping the family at home. Older women with children were stuck at home, either caring for the children or where they lived themselves. Some women still flourished, in the arts aspect. Although leisure time for women did a complete 180 from the 1920s to the 1930s.

How Business Owners Were Affected By The Economy

During the twenties, businesses boomed thanks to the stock market and fast selling goods. Most business owners had plenty of money to spend.
After the stock market crash in 1929, many businesses were forced to close. This caused thousands of workers and business owners to lose jobs.

In the beginning of the 1920s, business was booming. The laissez-faire was intact, meaning that business was run without help from the government. The stock market played a huge role in business in the 1920s, as it helped to gain customers and money. Although, many businesses were unstable, with large amounts of debt and overproduction. In 1929, the stock market crashed. this caused many businesses to lose large amounts of money, and the economy worsened. Businesses around the nation were forced to shut down, and in result many lost jobs and cash. The owners of businesses lost almost everything. But in the 1920s, they had large quantities of money, normally part of a higher class, and were stable. Most was okay for them and businesses until the crash. Owners had goods that were unable to be purchased, causing stockpile in goods, sales were declining, and eventually the business shut down. Business owners slowly fell in money and class. But eventually, FDR made a 'New Deal.' This was to bring business and government back together to help rebuild the economy.


How Bankers and Stockbrokers Were Affected By The Government

Stock brokers of the 1920s had there hands full. Thousands a day loaned , bought , and sold stocks. They were normally well off.
After the stock market crash, many Americans lost a large quantity of money, even falling into horrible debt. They rushed to banks to gain more money, to find most banks had shut down. This also caused bankers trouble and to be jobless.

In the 1920s, the government was going through awkward times. Luckily, the economy was booming. Although throughout the 1920s, America had four different presidents ( Woodrow Wilson, Warren G. Harding, Calvin Coolidge, and Herbert Hoover ). The laissez-faire went into place, where the government had no control over business. America went into isolationism, where the government avoided international affairs. Immigrants were 'restricted' almost into the country. They were seen as to take away Americans jobs, outsiders, and threatened the American lifestyle. Going into the 1930s, Franklin Roosevelt ( FDR ) became president in 1933 and continued to be president until 1945. FDR created a New Deal for America. He set out many government related programs to help the unemployed, business, and the economy. Speaking of economy, the economy was booming in the 1920s. This was a large bonus for bankers and stockbrokers. Many Americans bought stocks as a way to help business and gain money from said businesses. Stockbrokers played a big role, as they gave people the stocks in which to earn money. Bankers deposited money into accounts that people gained from the stocks, and kept people on track with their money, credit, and possible debt. Although after the stock market crashed, many stockbrokers and bankers were at a loss. 9,000 banks in the US were forced to shut down, causing many bankers to lose their jobs. Stockbrokers had no need to be stockbrokers anymore, as no stocks were being bought anymore. Most families were trying to return the stocks they bought on credit, but failed and fell into deep debt. Eventually, FDR made the new deal to renew the jobs and money lost by bankers, stockbrokers, and the people who bought stocks.

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Hailee Daunis

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