The 1920’s was an era of economic rise and fall, with regards to the cultural change the Harlem Renaissance was a change in how the african american community was viewed due to an increase of interest in culture, the creation of jazz was a good mix with the era.
With also in the economic sides to the 1920’s blacks get to see an increase in opportunities to get out of poverty, getting money serving drinks in speakeasies and playing jazz made it better for african americans to get out of poverty during the harlem renaissance.
Additionally with the creation of the 18th amendment or prohibition it created political tension, KKK fought to keep people from drinking and many KKK members were politicians, those people could help or enforce prohibition …show more content…
This was a big effect because it made money flow into one person's pocket and making people jobless harming the economy.
The stock market is the other reason the great depression happened, when it happened it was un-enforced, no rules, and people could make investments to make people speculate stock, inflate price, and drop out with more money while people who were late to grab their investments got less than they paid for.
Banks are a part of this making loans to people to invest in stock and mishandling money so when the stock market crashed people who deposited in banks and were never part of this got hurt and lost their money and trust in banks.
This was big because people tried toying with an unregulated and risky business, deceiving others for a big sum of money, the crash was a effect of them trying something they shouldn't have done and this was a big loss for economy and left a ton in poverty thats why this was a huge cause of the great
With also in the economic sides to the 1920’s blacks get to see an increase in opportunities to get out of poverty, getting money serving drinks in speakeasies and playing jazz made it better for african americans to get out of poverty during the harlem renaissance.
Additionally with the creation of the 18th amendment or prohibition it created political tension, KKK fought to keep people from drinking and many KKK members were politicians, those people could help or enforce prohibition …show more content…
This was a big effect because it made money flow into one person's pocket and making people jobless harming the economy.
The stock market is the other reason the great depression happened, when it happened it was un-enforced, no rules, and people could make investments to make people speculate stock, inflate price, and drop out with more money while people who were late to grab their investments got less than they paid for.
Banks are a part of this making loans to people to invest in stock and mishandling money so when the stock market crashed people who deposited in banks and were never part of this got hurt and lost their money and trust in banks.
This was big because people tried toying with an unregulated and risky business, deceiving others for a big sum of money, the crash was a effect of them trying something they shouldn't have done and this was a big loss for economy and left a ton in poverty thats why this was a huge cause of the great