The New Era was a great time of business. The 1920’s saw an economy prosper due to consumerism, leisure expansion, and the establishment of a middle class. In contrast, just prior to the 1920’s America was still in the industrial age, where the unemployment rate peaked at 20 percent, and bankruptcy rates were threatening farmers by increasing tenfold. The reading states that before President Harding’s death, he was able to implement high tariffs protecting business in America, supporting costs for agriculture, and undoing wartime government control above an industry in favor of unregulated private business. Coolidge not only carried on Harding’s policies of promoting business and limiting government, but he extended them. The treasury was able
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This era not only brought great change to America, but it brought change to the world. Our text points out where London was once the center of world finance, New York now sat as the central hub setting up the United States as the world chief creditor. With the federal government spending more on roads than any other industry, automobiles surged past the railroad industry and became prime carriers of passenger and freight. The new era experienced the automobile industry emerging as the largest single manufacturing industry in the nation employing hundreds of thousands of workers and ushering in a string of newly developed industries, many crediting their creation to the automobile industry. The book says the country began to see filling stations, garages, fast-food restaurants, and motels at this time. Millions of other related jobs were being created due to the high demand of tires, glass, steel, oil, refined gasoline it says. Automobiles created opportunity. They changed where people worked, the type of work, how leisure time was spent, and the reading even says their …show more content…
Although there was no turning back to the industrial age, parts of the country took no part in the prosperity of the 20’s. The book says that by the end of the decade, 40 percent of the nation’s farmers were landless and 90 percent of rural homes lacked indoor plumbing, gas, or electricity. Census showed that the majority shifted toward the city and this urban domination set the stage for rural people to push for “recapturing their country” by helping to establish “prohibition, stop immigration, revive the KKK, defend the bible as literal truth, and defeat the urban Roman Catholic for president.” America saw a great expansion in this time which led into the Crash of 1929 and in 1930 the great depression set it. By 1932, America had nearly been brought to its knees, facing the greatest crisis since the Civil War, citizens were now demanding for a leadership to help pull them out of the “Hoover
This era not only brought great change to America, but it brought change to the world. Our text points out where London was once the center of world finance, New York now sat as the central hub setting up the United States as the world chief creditor. With the federal government spending more on roads than any other industry, automobiles surged past the railroad industry and became prime carriers of passenger and freight. The new era experienced the automobile industry emerging as the largest single manufacturing industry in the nation employing hundreds of thousands of workers and ushering in a string of newly developed industries, many crediting their creation to the automobile industry. The book says the country began to see filling stations, garages, fast-food restaurants, and motels at this time. Millions of other related jobs were being created due to the high demand of tires, glass, steel, oil, refined gasoline it says. Automobiles created opportunity. They changed where people worked, the type of work, how leisure time was spent, and the reading even says their …show more content…
Although there was no turning back to the industrial age, parts of the country took no part in the prosperity of the 20’s. The book says that by the end of the decade, 40 percent of the nation’s farmers were landless and 90 percent of rural homes lacked indoor plumbing, gas, or electricity. Census showed that the majority shifted toward the city and this urban domination set the stage for rural people to push for “recapturing their country” by helping to establish “prohibition, stop immigration, revive the KKK, defend the bible as literal truth, and defeat the urban Roman Catholic for president.” America saw a great expansion in this time which led into the Crash of 1929 and in 1930 the great depression set it. By 1932, America had nearly been brought to its knees, facing the greatest crisis since the Civil War, citizens were now demanding for a leadership to help pull them out of the “Hoover