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Effect of technology in communication
Effect of technology in communication
Effect of technology in communication
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Following the conclusion of the Great War, the 1920s were an age of dramatic economic, social and political change. By definition, change refers to a difference in a situation at different points in time. Heraclitus was the first philosopher known to have directly concerned change with certain aphorisms such as "one cannot step into the same river twice" . This is generally referring to the contradiction between calling the river the same, while knowing that the materials of the river, the waters, have completely changed – but nothing ever truly ‘changes.’ This principle can be applied towards the quote “the more things change, the more they stay the same.” The boom and bust of America and the coming in and out of isolationism. The eternal …show more content…
Laissez-faire in the 1920s created an economy filled with inequality. While manufacturing, finance and services all enjoyed high times, agriculture and energy struggled throughout the decade. Despite the fact that the economy itself was structurally flawed, the stock market would go through the roof. Phenomenal economic growth was centered in only two industries: construction and automobile manufacturing. Even these industries would begin shrinking in the year before the stock market crash. For most of the 1920s the economy grew along with capital facilities. But by the time the stock market crashed, there was so much plant space producing so many goods that the backlog of inventory was three times greater than normal. Half of America was living at or below the minimum and could not afford to buy these products. As a result of this drastic economic change, the government was forced to look past laissez-faire and interfere with the publics marketing operations with the intent of improving the economic …show more content…
With the transition from war to peace, the economy went up. However, prices also increased. After the nineteenth amendment was passed, women had the ability to vote. With suffrage came a new aura for women, in that they felt equal with the rest of the world. Republicans promised to return the nation back to normalcy to benefit the people and gain popularity. When you assess drivers of change in this time period, it becomes apparent that one type of change leads to another. This ‘domino effect’ is prevalent in America, as when they emerged from the Great War, social and economic change was necessary in order for America to survive. These changes drastically affected the events that followed later. You cannot have one change without another. With reference to America in this period, we can see that “the more things change”, or even though water flows, “the more they stay the same”, it remains the same river. If change is eternal, then everything is a recurrence of the past. And so even though there were many changes during this time, America as a nation remained the same, and is just progressing through the cycle of
Both constitutional and social developments greatly changed the United States to a revolutionary proportion between 1860 and 1877. The new amendments and the fight for civil rights altered the previous way of life and forever changed American society. Inequality, fear, and corruption sent the United States into turmoil that would transform the country and lead to a revolution of change.
Following the relatively prosperous era nicknamed the "Roaring Twenties" came the Great Depression. Unemployment skyrocketed and good times were hard to be found. In the movie "It's a Wonderful Life" - we see the transformation from stability to utter chaos.
In history, it seems inarguably true that when a nation advanced in power and wealth, changes will soon followed. These changes affected the political, economic and social system of that nation, and often came as an advantage for wealthy individuals, while detrimental to others less fortunate. An example of this notion can be seen in American History. After the Civil War and the Reconstruction Era, America quickly surpassed Great Britain in industrial production thus became the leading nation in industrialization. However, great things do not come without a cost; the rapid technological expansion in the US would initiate the crisis of the 1890s. The crisis of the 1890s was the shift from the rural and agrarian society to a modern urban and industrial society.
The 1920s were a time of leisure and carelessness. The Great War had ended in 1918 and everyone was eager to return to some semblance of normalcy. The end of the war and the horrors and atrocities that it resulted in now faced millions of people. Easily obtainable credit and rapidly rising stock prices prompted many to invest, resulting in big payoffs and newfound wealth for many. However, overproduction and inflated stock prices increased by corrupt industrialists culminat...
Firstly, the stock market crash in the late 1920s was one of the main factors that contributed to the onset of the Great Depression. The common goal of many Canadians in the roaring twenties was to put behind the horrors and doubts of World War I, and focus on what was to come in the near future. However, on October 29, 1929, the Stock Market in New York City experienced one of its worst days of all time. The catastrophic impact that the stock market crash had was enough to shift the world in the direction of an economic downfall . The rapid expansion of the 1920 stock market caused the market to hit an all-time high. Prices of shares skyrocketed and surpassed their once realistic value . It was now possible for individuals who could not afford
The Boom of US Economy in the 1920's In the 1920s, most countries involved in World War one were poverty-stricken and working hard to try and pay off debts from the war. However, America had only joined in the war near the end, and hadn't had to pay as much money towards the war as other countries had. Also, America had lent money to other countries, which they were beginning to get back. They were making profits from the now poor countries because they had provided Europe with guns and weapons in the war.
...was also continuity. The country still faced severe issues of poverty, racism, and oppression, but the people of America were growing wise and understanding the system and how to change it. Inventions, technology and industrialization were fueled during this time, constantly changing and improving, to create a better America. Ideologically the United States was spawning great new ideas on government regulations, and equal rights. These forefront dreams created much of American society, as we know it today. It pushed the envelope and made top officials see that if the people were unhappy, the nation would not benefit but struggle to come to consensus. Though the end of this age did not completely put all the standards into practice, it set a foundation for future progress. In my opinion where there is change there is always continuity, and vice versa, but change primarily characterized the gilded age.
During the 1920’s Republicans had dominated the white house with the two presidents of the decade being Warren G. Harding, and Calvin Coolidge.The expansion of government activities during World War I was reversed during the 1920s. The Government had eliminated its efforts to break-up trust, and to regulate businesses. Instead, the government began to emphasize on partnerships between government and business. Politics during the 1920s played a major role in the culture of the decade and the leaders of the 1920s represented the beliefs and ideas of the people during the time.
The years after the civil war left one half of America, the north, satisfied and the other half, the south, mostly dissatisfied. Therefore the last third of the nineteenth century, 1865-1900, was a time period in which America was mending, repairing, improving, reshaping, and reconstructing its society, economy, culture, and policies. Basically it was changing everything it stood for. This continual change can be seen in the following events that took place during this time. These events are both causes and effects of why America is what it is today. These are some examples: the reconstruction of the south, the great movement towards the west, the agricultural revolution, the rise of industrialism, the completion of the transcontinental railroad, and America's growth to gaining world power. All of these are reasons and events that characterize America as being an ever-changing nation.
...ced back to the changes in society, economy, and politics during the two decades of 1900 and 1920.
...e excessive speculation in the late 1920's kept the stock market artificially high, but inevitably led to the big crash. Overproduction may have seemed like a good idea but in the long really hurt the U.S. as the farm industry fell, workers fired, and purchasing levels across the country were at all time lows. These speculators combined with the overproduction and the maldistribution of wealth, caused the American economy to crash. Today, our government still argues over who should have the nation’s wealth and even if the wealthier should pay higher taxes then the less wealthy. Some could argue that the government should of utilized laissez faire and kept there hands off of the people’s business and let the people work things out on there own. Either way, the country did a very good job of making changes and not letting anything get as worse as it was in the 1920’s.
Boom of the American Economy in 1920's The US economy experienced a boom from 1923 for a multitude of reasons, none of these reasons are solely responsible for the "boom", however as I hope to explain they did influence the economy in order to maintain the boom. The plethora of interconnecting factors include natural resource, the impact of the World War One (1914-1918), Republican polices, new technologies coupled with methods of finance and advertising. The most poignant aspect of the boom in 1923-29 was that it was a sustained boom for 6 years compared to the natural boom and bust cycle experienced every year. The United States' wealth of natural resources meant that it was a self-sustaining economy, in other words the US economy can produce everything necessary for a viable economy without having to pay for imported goods or resources. The increasing demands for oil, coal, and iron by industries such as in the car industry due mainly to the Model T Ford as the creation of the assembly line meant a multitude of cars were made in a short space of time.
As a nation coming out of a devastating war, America faced many changes in the 1920s. It was a decade of growth and improvements. It was also a decade of great economic and political confidence. However, with all the changes comes opposition. Social and cultural fears still caused dichotomous rifts in American society.
The decade after the First World War saw tremendous change. Progressivism was a leading factor of World War I and in the 1920’s the evidence can be seen. Industries were making their products at an increasing rate. Products that were not populous before World War I were now used by millions of Americans. The automobile was only used by less than ten million of Americans and by the end of this post war decade that number has climbed to over thirty million. Also many new inventions were coming through making life for Americans much more comfortable. Radios, vacuum cleaners, irons, washing machines, and refrigerators were among the new necessities Americans just had to have.
The stock market crash of 1929 was the primary event that led to the collapse of stability in the nation and ultimately paved the road to the Great Depression. The crash was a wide range of causes that varied throughout the prosperous times of the 1920’s. There were consumers buying on margin, too much faith in businesses and government, and most felt there were large expansions in the stock market. Because of all these positive views that the people of the American society possessed, people hardly looked at the crises in front of them.... ...