1920s Economy Essay

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1/12 How did the economy of the United States change during the Roaring 20s? The United States economy underwent significant changes during the 1920s, resulting in a period of economic growth. Several factors contributed to the country's transition from a wartime to a peacetime economy, including: Technological advancements, such as the widespread use of electricity, increased productivity and efficiency in a variety of industries. Also, an increase in consumer spending, fueled by rising incomes and increased consumer credit availability. The development of new industries, such as automobiles and consumer goods, which resulted in the creation of new jobs and increased economic activity. Thirdly, the stock market's expansion, which enabled …show more content…

This led to a series of legal battles, including the famous Scopes Trial of 1925, which tested the constitutionality of a Tennessee law that banned the teaching of evolution in public schools. The conflicts popularity peaked in the famous Scopes Trial of 1925, where a biology teacher, John Scopes, was charged with violating a Tennessee law that banned the teaching of evolution in public schools. The trial was widely publicized and became a place for a larger debate about the role of religion and science in American society. Despite the efforts of religious groups to ban the teaching of evolution, the scientific community and many educators argued that evolution was a critical component of a comprehensive education in the natural sciences and that students needed to understand it in order to compete in a rapidly changing world. They also pointed out that the First Amendment of the Constitution guaranteed freedom of religion and the freedom to teach scientific ideas without interference from religious …show more content…

Due to overproduction of crops, many products became extremely cheap, meaning farmers would make extremely low amounts of money. The government would eventuall have to pay farmers to grow way fewer amounts of crops, so eventually the value of farm products would increase again. To make matters worse, The Great Depression was worsening for farmers by a severe drought that hit the Great Plains in the 1930s, leading to the Dust Bowl. The drought caused widespread crop failures and made it difficult for farmers to make a living, further exacerbating the economic hardship of rural communities. This led to massive amounts of them leaving the country, moving out West, where they were not really welcomed, as they provided little value since they lost