Explain The Economic Circumstancess Of The 1920's

Americans ditched there farms and moved to cities of opportunity. The economic circumstances of the 1920’s were the rise in the stock market unemployment rates, and other metrics. The 1920’s better known as the roaring twenties, were indeed a transition for better and the fall of a rising economy. The biggest source that deconstructed the information that was needed for this particular IA was 1920-30.com. The website seems to decipher everything in the 1920’s from living quarters to the way of living. The 1920’s was the beginning of new inventions and discoveries in almost every ground of work that made way for new businesses. In the 1920’s people were able to buy on margin and credit. Credit and buying on margin was the “it” thing in the 1920’s. People had the chance to buy the newest of the new technology whether it was washing …show more content…
The 1920’s was also the rise of the middle class, more jobs was becoming available due to new factories and the building of new infrastructure.
The economy was rising. From the year of 1919 to 1920 inflation rose 23.7 percent. In the year of 1920 to 1921 inflation decreased 15.8 percent. The years of 1913- 1929 food, rent, apparel, fuel, electricity, ice, house furnishings, and miscellaneous all rose.

The American economy grew rapidly in the 1920’s for five major reasons. The United States had a lot of natural resources such as coal in the Appalachian Mountains, oil in Texas, and ranching and herding in the Great Plains and Midwest. There was no need of buying resources from other countries; such America had its own. America’s population was going impressively fast and as the