The 20’s and 30’s The 1920’s and 30’s were transitional times in American history. The 1920’s were a time carefree living and success. Americans were wealthy and prosperous, while businesses were booming and stocks were rising. In the 10 years that followed the stocks fell, america was at a standstill, and americans were disgraced. Despite these two eras being completely different, our nation was forever changed afterwards.
During the 20’s and 30’s there were multiple government changes that occurred. In the 20’s they instituted the emergency quota act which limited the amount of immigration that came into the united states. They also introduced the Bureau of the budget in which Harding cut down america's debt by ⅓. Whereas in the 1930’s they instated the glass steagall act, which was also known as the banking act. This act established the Federal Deposit Insurance Corporation to insure the safety of money deposited in the banks. After this act they put forth another act that we still use
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The 1920’s was the era when entertainment really boomed and Hollywood came into the picture. Amazing books were written by Willa Cather, Sinclair Lewis, and F. Scott Fitzgerald. Jazz was made a popular form of music by Louis Armstrong and Benny Goodman. But in the 30’s the entertainment industry took a dip because no one could afford food let alone a ticket to the movies or a concert. In the 1920’s the social norms were challenged by women called “flappers”. They would smoke, wear short dresses, and cut their hair short. In addition to this the Ku Klux Klan made a reappearance while conducting a campaign of violence against inferior people. The 1930’s weren’t much better considering they were too poor to socialize. Because of the lack of socializing there were less marriages which meant less babies. The extent of socializing in the 30’s was congregating around a trash can fire in the