Before 1920, America used to trade in raw material goods especially the minerals like iron and coal among others. In 1914 the World War I broke which affected its economy because the trade ships were being captured and destroyed. The United States decided to wage war against Germany, and the war ended at the end of 1919 (Olson, 2016). The 1920s saw America achieve industrial revolution where many construction industries were established. This season had political, social and economic benefits that gave every American an opportunity to become successful.
With the industrial revolution, the black had migrated to the regions where industries were being established so that they could seek for a job. At this point, slavery had been banned. However, the black workers were paid a little wage for their work. The blacks were being exploited because they did a lot of work, worked for long hours but were paid little wage. With the industrial revolution, they were paid more (Morris, 2014). …show more content…
Before this, there was a significant wealth distribution gap where the white was rich and industry owners while the blacks worked in the industries or the firms (Collier, 2016). Though there was no slavery, the black were being discriminated. However, with the industrial revolution, the blacks were accorded more rights and empowerment. They were recognized as part of the American society. This implies that every American both white and blacks were given equal chances to work and empower themselves economically. The wealth gap between the rich was still huge (Morris, 2014). However, the level of personal and household income had increased, and therefore there were improved standards of living (Brezina, 2015). Second, there were a lot of innovations, for example, the radios, music, and transport that highly improved the standards of living of
With the industrial revolution, the black had migrated to the regions where industries were being established so that they could seek for a job. At this point, slavery had been banned. However, the black workers were paid a little wage for their work. The blacks were being exploited because they did a lot of work, worked for long hours but were paid little wage. With the industrial revolution, they were paid more (Morris, 2014). …show more content…
Before this, there was a significant wealth distribution gap where the white was rich and industry owners while the blacks worked in the industries or the firms (Collier, 2016). Though there was no slavery, the black were being discriminated. However, with the industrial revolution, the blacks were accorded more rights and empowerment. They were recognized as part of the American society. This implies that every American both white and blacks were given equal chances to work and empower themselves economically. The wealth gap between the rich was still huge (Morris, 2014). However, the level of personal and household income had increased, and therefore there were improved standards of living (Brezina, 2015). Second, there were a lot of innovations, for example, the radios, music, and transport that highly improved the standards of living of