Between the Wars 1919-1939. The Twenty Year Crisis. The Post War Era – 1920’s. Rise of leisure activities & purchase of consumer goods Shorter workdays and slowly improving economies = more money/time for fun Lindbergh’s first solo flight across Atlantic sign of new era of progress
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
The Twenty Year Crisis
Police raid during Prohibition
Farmers– struggled while industry prospered (demand fell-prices fell-farmers not making money and can’t pay debt)
Protectionism – economic nationalism – limit trade with other nations to protect domestic industry
Tariffs – Tax on imports, raises prices to protect country from foreign competition
Black Tuesday – stock market crashed (prices fell = stocks worth much less than people bought them for)
Speculation– risky investments in stock market (people hoping to get rich quick).
The New Deal
Social Security Act