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URBAN VS. RURAL

URBAN VS. RURAL. Farms started to struggle post-WWI. 6 million moved to urban areas Urban life was considered a world of anonymous crowds, strangers, moneymakers, and pleasure seekers. Rural life was considered to be safe, with close personal ties, hard work and morals.

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URBAN VS. RURAL

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  1. URBAN VS. RURAL • Farms started to struggle post-WWI. • 6 million moved to urban areas • Urban life was considered a world of anonymous crowds, strangers, moneymakers, and pleasure seekers. • Rural life was considered to be safe, with close personal ties, hard work and morals. • Suburban boom: trolleys, street cars etc. Cities were impersonal Farms were innocent

  2. EDUCATION AND POPULAR CULTURE • During the 1920s, developments in education had a powerful impact on the nation. • Enrollment in high schools quadrupled between 1914 and 1926. • Public schools met the challenge of educating millions of immigrants

  3. Mass Media • Increases in Mass media during the 1920s • Print and broadcast methods of communication. • Examples: • Newspapers • Magazines • Radio • Movies Newspapers: 27 million to 39 million Increase of 42% Motion Pictures: 40 million to 80 million Increase of 100% Radios: 60,000 to 10.2 million Increase of 16,983%

  4. Records! • On October 24th, 12,894,650 shares were sold, setting the record in its time. Then, on October 29th, approximately 16.4 million shares were traded, breaking the record that was set 5 days earlier, only to be exceeded in 1969. Crowd gathering outside NYSE after the crash

  5. Losses • The loss from the crash was unbelievable: • 12 million people went out of work, • 12,000 people was made unemployed everyday, • 20,000 companies and 1616 banks had gone bankrupt, and • 23,000 people committed suicide in one year – the highest ever. • The total loss by the end of the next week amounted to $30 million dollars, ten times more than the annual budget of the federal government, far more than the U.S. had spent in all of World War 1. • Contributing to The Great Depression.

  6. price of stocks and shares • Stocks rose 65% in the years between 1920 and 1929. • Wages increased only 25%. • Before 1920 people borrowed money onlyto start a business/ buy a house. • - They would then make more money and then would return it. What happened to the in the 1920s • In the 1920s, for the first time in history, Americans borrowed to live more pleasantly. • They went into debt. • In 1929, Wall Street crashes as New York prices plunge.

  7. Why did prohibition fail? · Bootleggers smuggled in liquor from Canada and the Caribbean. Rum runner sloop "Kirk and Sweeney" with contraband stacked on deck Coast guard Photo January 13, 1924

  8. A Booming Economy: The 1920’s Income increases People purchase more goods “Boom Cycle” Companies expand and hire more people Companies earn higher profits

  9. rubber steel oil The following industries grew as a result of the booming car industry: glass construction (roads and bridges) housing (as the suburbs grew) paint

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