During the 1920s inventions like regrigerators and microwaves were first brought into the United States. Inventions like these and many others made it helpful for many people. The first commerical radio station began in Pittsburg and hit airwaves all over the country in 1920. New music and singers were brought into this era as well. The music world was open to a varity of generes like Jazz, Blues, and Broadway. People such as Louis Armstrong, Duke Ellington, Babe Ruth, and Charlie Chaplin were very popular and succssful during this era as well. Although, the begining of the 1920s had a social change it also had a economic change.
In the end of World War I a housing boom occured in the United States. This lead to an increase in home ownership. Many Americans were borrowing money from banks, with no idea that the banks could become bankrupt at any moment. Banks were very unregulated, they would loan out money to farmers or anyone else who needed money. People would borrow money to buy shares and invested in the Stock Market. People bought more and more shares expecting to gain more money then they put in. Shares kept rising and people felt like they would contiune to do so. In One day share prices began to fall and many people began to lose hope in the economy. In 1929, the Stock Market crashed. This was also known as The Wall Street Crash. Everybody lost ...
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...r, and worked his way up to U.S. Senator from Ohio. He eventually became a Republican presidential candidate. His promise to "return to normalcy" appealed to voters and he became president during the 1920s. He also proposed lower taxes, and put higher tariffs on forgein trade for the American people during this era. He became elected November 3, 1921, but he died from a heart attack while in office. A new leader came about after that tradjey Calvin Coolidge, and he was the president from 1923 to 1929.
The Stock Market Crash of 1929 and the Great Depression alterted the perspective of the attitude of the Roaring 20s, which had been a great time of optimism, exciement, and ecommoic growth. Although these events caused panic and chacos in the American people, the beggining of the jazz age, new invetions, cars, and presidency that made this era a memorable one.
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