The Roaring Twenties was an interesting time for the world. In the U.S. the 1920’s was also known as The Jazz Age, or the Roaring Twenties, because it was a time of great economic prosperity. However, this prosperity was not felt world wide. In fact, it was economic problems that led to the rise of the Nazi Party. A lot of the economic problems were caused by massive debt from the Treaty of Versailles that resulted from World War I. Massive urbanization occurred in the U.S. during the 1920’s. For the first time in U.S. history, more people lived in urban eras than they did in rural areas during the 1920’s. Communism was also on the rise in many countries as it spread throughout the world. And to counteract communism, fascism became more popular to stop the spread of communism. Russia also started to favor a more mixed economy in which socialism was more prevalent during the 1920’s. Now, I said that the 1920’s was a time of great economic prosperity for the U.S. However the great stock market crash in 1929 that helped spark the great depression helped put a damper on the economic prosperity of the U.S. during the 1920’s. So that’s a a brief look at the 1920’s and what changes it entailed.
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Last updated: 07/25/2017
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