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drek231 [11]
2 years ago
14

why did the economy of the 1920s resulted in quickly expanding prosperity for many Americans, but continued poverty for others

History
1 answer:
just olya [345]2 years ago
4 0
Not all industries prospered in the Boom in the 1920s of America.

Old industries such as Coal and Cotton did terribly in the Boom as people became interested in the new products such as clothes made from artificial material(polyester). Coal was an old source of power, in the 1920s oil and electricity became greatly used.

Agriculture was also poor many farmers left the farmland to find work in the city. As new people emerged, new demands also appeared. Instead of fresh fruits and vegetables, Americans preferred cereals and bread which lead to the decrease of demands in fruits.

In the 1920s, Argentina and Canada began to supply the world crops which lead to the drops of demands from USA directly. Later in the year Prohibition(anything related to alcoholic drinks was made illegal) was introduced which caused an instant drop to the demands of barley(barley was used for making alcoholic drinks such as beer)
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When in the course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

2.1 We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are life, liberty and the pursuit of happiness.

2.2 That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive of these ends, it is the right of the people to alter or abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.

2.3 Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and accordingly all experience hath shown, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.

2.4 But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.

2.5 Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former systems of government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these States. To prove this, let facts be submitted to a candid world.

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