America In The 1920's

The novel, The Great Gatsby by F. Scott Fitzgerald tells the story of the lives of Americans in the 1920’s (The roaring 20’s) with its flapper girls, vintage automobile, jazz and vibrant nightlife. Ironically, the next decade the 1930’s for some will remain the darkest moment of America’s economy (The Great Depression). This essay recounts how America’s economy went from grace to grass between the 20’s and 30’s. It strongly believes America’s economy between the 1920’s and 1930’s greatly shaped and globalized the economic and political stability of the world. It proves this by stating the effect of the two decades on the world as well as well as the type of interaction that happened between different civilizations during this period. While the world was in chaos during the Great War, America practiced isolationism and refused to concern herself with the rest of the world’s problems. It only joined the war at a later time and so it did not experience the losses other countries suffered. The war left most of the world destroyed but not America. If anything, America gained a lot economically from the war. It became a major supplier of arms and food to Europe and took over the trade with colonial markets. The high investments of US banks and investors …show more content…
When the Great Depression hit in the 30’s it was very unexpected and although at first countries tried to work together to stop the economic crisis they ended up concentrating on their individual economy. America wanted all the money it had loaned back and the economy of the world fell. In America, Canada and many other parts of the world unemployment rose and the standard of living went down drastically with crimes, suicides and alcohol addiction becoming more prominent in the society. The birth rate went down and death rate increased, as there was starvation and hunger with no economic solution to save the