Big Business in the 1920s
The 1920s were a period in which business was booming. There was a small recession in 1921 but it ended without government interference in a matter of 18 months. This was a period in which people were buying big ticket items likes cars, fridges, stoves, washing machines, vacuum cleaners and other high ticket items.
By this time, electricity was becoming widespread available and people were able to heat their homes using electricity.
It was definitely a consumer culture during this period. It was the popular to thing to have the latest hot ticket items. People were buying and spending like crazy. Wages were high and prices were low. It seemed like the absolute dream to live during this time.
However that dream would soon come to an end towards the end of this decade. That I will discuss in another blog post.
I do believe the 1920s were a time of great wealth and prosperity. People thought this party would never come to an end. The money was flowing, wages were high, prices were low. I believe however people should have been more cautionary. There were people who warned against the fact that there would be a great downfall to the prosperity .
As they say, what goes up, must come down. It would come down all too quickly.
It was definitely a consumer culture during this period. It was the popular to thing to have the latest hot ticket items. People were buying and spending like crazy. Wages were high and prices were low. It seemed like the absolute dream to live during this time.
However that dream would soon come to an end towards the end of this decade. That I will discuss in another blog post.
I do believe the 1920s were a time of great wealth and prosperity. People thought this party would never come to an end. The money was flowing, wages were high, prices were low. I believe however people should have been more cautionary. There were people who warned against the fact that there would be a great downfall to the prosperity .
As they say, what goes up, must come down. It would come down all too quickly.
No comments:
Post a Comment