stock market
During the 1920s new economic interests and interactions came into light. These combined with the development of the arts and entertainment helped to form the reputation for the "Roaring Twenties". Economics now allowed people to spend more and make more money. The arts and entertainment made people feel better about themselves, and created a sense of camaraderie. During the 1920s the United States was in an economic high point. Following World War I people had more money to spend due to the wartime boom in the economy. People were able to buy products on credit, or give a small advance, and pay small installments later. This process allowed people more freedom to purchase items, such as refrigerators, radios
Performers such as Duke Ellington, Joseph Oliver, Louis Armstrong, and Bessie Smith all became popular and began to travel around the country to perform at clubs. The 1920s got its reputation as the "Roaring Twenties" from the economy in part because the economy was booming, and people were purchasing products on credit and stocks on margin. Radio carried news, sports coverage, and a variety of entertainment shows primarily sponsored by large! corporations. ------------------------------------------------------------------------**Bibliography**. This was mainly because of a sudden flux of selling stocks, and the fact that buying on margin had created a system where the money to pay out was not actually there. Beginning in the 1920s movies began having sound, and were called "talkies". This conversion to sound cost the industry 300 million dollars but the return from movie prices quickly repaid this investment. Jazz and music became an important way of expressing feelings of the 1920s and these productions were put on in Night Clubs and other settings where people could relax. All this exchange of currency created a boom era or a "Roaring" period of time. Movies began at the turn of the 20th century and at first were silent one reel films. During the 1920s there was an increase in entertainment and arts which were readily accessible to the general public. Movies also acted as an educator for teens, and they frequently mimicked actors portrayed in the movies. This created havoc among those heavily invested, and lead to an economic depression for years to follow. Magazines and radio also contributed to the reputation of the "Roaring Twenties".
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,
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Acceptance Essays
