Roaring Twenties After World War I, the United States entered a time of economic growth that improved the lives of many Americans. Businesses grew in the 1920s,providing people with new jobs and highjer pay. Many Americans were able to buy new products such as automobiles and radios, and vacuum cleaners. People had more money and more leisure time. In the cities especially, people looked for more entertainment. Jazz and dance clubs became popular. The search for fun in the cities, combined with illegal alcohol, earned this era the name the « Roaring Twenties »

Roaring Twenties Many more Americans were going to movies and buying books, magazines,and music. Langston Hughes was an important figure in the Harlem Renaissance. This was a movement of African American artists centered in Harlem, a neighborhood of New York City. Many artists of the Harlem Renaissance used their writings, paintings, and music to explain how they felt to be an African American at the time. The Harlem Renaissance marked the first time African American artists in the United States gained national attention for their work. Hughes expresses his hope for better treatment of African Americans.

The Great Depression

Essential Question: The stock market crash of 1929 ended the economic boom of the 1920s and started the Great Depression of the 1930s. What were some other causes of the stock market crash of 1929? Low wages Farm prices were depressed Buying with credit Overproduction of goods Investors sold their stock

The Great Depression The stock market crash of 1929 marked the end of the economic boom of the 1920s and the start of the Great Depression

The Great Depression The economic good times ended for many more people after the stock market crash of October A stock market is a place where stocks are bought and sold. If a company needs to raise money, it often sells stocks to investors. If the company makes money, the investor makes a profit. The center of the stock market is the New York Stock Exchange on Wall Street in New York City.

Major factors that contributed to the depression Not everyone could buy the products that came from American factories. Wages were low Farm prices were depressed Many American consumers bought using credit Factories overproduced causing them to lay off workers

Factors When investors saw the economy slowing, they suddenly began selling off their stock. This sale was made worse because some investors had borrowed in order to buy stocks and could not pay off their original loans The Stock Market Crash Resulted

The Great Depression

After the Crash Unemployment continued to rise Laid off workers Decreasing wages Decreasing buying power Decreasing prices Caused businesses to fail. Failed businesses laid off more workers continuing the downward spiral

The Great Depression

Many African Americans had migrated from the south hoping to find a better life, job opportunities and to escape the prejudice in the south. A

The Dust Bowl The Dust Bowl conditions of the Midwest led others, such as the Oakies, to migrate to California where they sought jobs as migrant workers

Hoovervilles

Stock Market Crash y/991029onthisday_big.html#article Read the New York Times Article from Oct. 29,1929 Right click to open hyperlink

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The Great Depression

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