Because of modern technological breakthroughs, a significant economic boom and ideology was made possible, yet the birth of corporations and concentration of corporate wealth eventually led to a huge wealth gap among citizens. Regarding economic growth from about 1923 to 1929, the national income rose by 150%, productivity rose by more than 60%, and corporate profits rose by more than 60%. The idea of big business was heavily intensified as Calvin Coolidge advocated “the business of America is business” ideology; because of this Americans also celebrated business as the embodiment of the highest American ideals. Pro business writer Edward Purinton in Big Ideas From Business: Try Them Out for Yourself! declared that American also stood for business, but among other things was really the salvation of the world. He writes, “What is the finest game? Business. The soundest science? Business. The truest art? Business. The fullest education? Business. The fairest opportunity? Business. The cleanest philanthropy? Business. The sa...
... middle of paper ...
...reedoms were destroyed. In turn, the 1920’s revealed progress; the word progress is important to use as it shows change in a positive direction but not to completion.
P.S. The footnotes made my paper exceed 8 pages.
Johnson, Michael P. Reading the American Past: Selected Historical Documents. Boston: Bedford/St. Martin's, 2005. Print.
Logsdon, Jonathan. "Power, Ignorance, and Anti-Semitism: Henry Ford and His War on Jews." History.hanover.edu. Web.
Paschen, Stephen H., and Leonard C. Schlup. The United States in the 1920s as Observed in Contemporary Documents: The Ballyhoo Years. Lewiston: Edwin Mellen, 2007. Print.
Roark, James L. The American Promise. a History of the United States. Boston: Bedford/St. Martin's, 2012. Print.
Sagert, Kelly Boyer. Flappers: A Guide to an American Subculture. Santa Barbara, CA: Greenwood, 2010. Print.
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