Essay On The 1920's

1266 Words6 Pages

After an exhausting four years, World War One had finally ended. The 1920’s were the years following The Great War, and it affected all of the countries involved differently. The United States didn’t suffer much damage since battles were fought overseas. The Americans didn’t have to focus their money on military expansion, weapons, supplies, or rebuilding their cities, so they decided to invest in their economy. The soldiers were eager to return to their normal lives, but they wanted some excitement and to move past the war. The 1920’s sprouted all new forms of entertainment, transportation, and appliances. This brought the people’s attention away from the war and into their society. On the contrary it wasn't all happy times for everyone after …show more content…

The Treaty of Versailles ended WWI, but placed all of the blame on Germany, and had many terms that forced Germany to give up land, military, and pay reparations to the winning countries. After a destructful war like that, all of the countries needed their economies back on track and to begin advancing again. Germany tried the best they could to help their economy, but there was too much money being pulled out that it couldn’t keep up. “The elevating amounts of money which were used for social spending combined with plummeting revenues caused continuing deficits” (Castillo). Germany did try to put money toward projects, but the effects of the war didn’t allow them to work out. Technology wasn’t able to be developed because they had no money to put into getting factories rebuilt, or to fund businesses. New technology was highly needed in Germany during the 1920’s, but there was no easy access like there was in America. Hyperinflation was a huge problem in Germany and resulted from the fact that the government kept printing more money, and so their money became worthless. As Germany’s economy continued to fall, it led them down the path to The Great Depression. Riots and protests swept Germany in hopes for change and a new