Patterns of Economic Growth.
Automobiles were the most conspicuous of the consumer products that flourished in the 1920s, but certainly not the only ones. The electrical industry grew almost as quickly.
2/3 of all American families enjoyed electricity by the end of the decade.
The corporation continued to be the dominant economic unit in the 1920s.
Growing corporations now had hundreds of thousands of stockholders, and one individual or family rarely held more than 5% of the stock.
In the final analysis, the corporate managers were accountable only to other managers.
From 1920-8, some 8, 000 mergers took place as more and more small firms proved unable to complete effectively with new giants.
The most distinctive feature of the new consumer-oriented economy was the emphasis on marketing.
Sectional differences in dress, food, and furniture began to disappear, even the regional accents that distinguished Americans in different parts of the country were threatened with extinction by the advent of radio and films, which promoted a standard national dialect devoid of any local flavor.
Economic Weakness.
Railroads, overcapitalized and poorly managed, suffered from internal woes and from competition with the growing trucking industry. .
The coal industry was also troubled, with petroleum and natural gas beginning to replace coal as a fuel. .
The use of cotton textiles declined with the development of rayon and other synthetic fibers.
The New England mills moved south in search of cheap labor, leaving behind thousands of unemployed workers and virtual ghost towns in the nation's oldest industrial center.
Hardest hit of all was agriculture. American farmers had expanded production to meet the demands of WWI, when they fed their own nation and most of Europe as well. A sharp cutback of exports in 1919 caused a rapid decline in prices. By 1921, farm exports had fallen by more than $2 billion. Throughout the 1920s, the farmers share of the national income dropped, until by 1929, the per capita farm income was only $273, compared to the national average of $681.
What is History? So, what is History? When I told someone I was giving a talk on History and what it is, they said, "and you only have an hour?" No doubt everyone in this room has some idea of what History is, or isn't. So let's get started and see how far we can get with my highly selective ...
What is World History? World history is the study of the ways in which the world changes over time. ... This examination of interactions between these distant regions is what is meant by the term World History. ... One reason is that the United States has supported numerous nations throughout history in times of trouble. ... By studying World History one can find the origins of the Muslim religion with Muhammad. ...
Abstract This essay contains a few reasons of how history as a discipline is beneficial to society and the purpose history overall. Also how a journal I so important especially for a subject like history. As well as using History of California journal as an example on how a history journal works and the contents. ... There is a sense of Identity that comes with learning history. ... The saying "knowledge is power " really comes into play with history. ...
Sacred history can be defined as a history that is spread by the word of mouth, by oral teachings as opposed to written works. ... Sacred history can be defined as a history that is spread and kept by the word of mouth, by oral teachings. ... This would make the text then sacred history as well. ... Sacred history is different from scientific history for two main reasons. ... The second reason why sacred history differs from Thucydides theories of scientific history and ˜historical recurrence' is that Thucydides didn't believe in a divine intervention while sacred history usua...
The Oral Tradition:Sundiata: An Epic of Old Mali How Can A Historian Use Oral Tradition When Writing History Oral tradition is a history or a story passed down from generation to generation through word of mouth. The story is usually the history of a civilization or culture. ... Male griots tell the family history of the male side and females tell the female side. ... Writing traditions do consist in ancient history in Africa, but most Africans prefer the traditions of African storytelling and oral history. ... "Listen to my word, you who want to know; by my mouth you will learn the his...
One of the first recorded Bigfoot sightings was made by Leif Erikson when he discovered the New World nearly 500 years before Columbus. Erikson and his crew were the first Europeans to settle in North America and witness the creature that is now called Bigfoot. It was said that he saw more than one ...
"American History X" is undeniably one of the most poignant and potent movies I have ever seen. ... In "American History X" however, hate destroys the bond between two brothers. ... "American History X" gives us more closure. ... "American History X" has much stronger actors. ... In "American History X" however, we go beyond pity. ...
Michener, is a novel which covers, on both a fictional and a non-fictional level, the total history of Hawaii from its beginning until approximately 1954. ... For example, a comparison of Hawaii to actual history can be made through selected events in each chapter of the novel. ... Similarly, in 1809, in truth, history records that a certain Henry Obookiah stirred the emotions of religious New Englanders. ... In chapter IV, "From the Starving Village", Michener gives a quick history of a Chinese village. ... History notes that in 1852, the labor problems in the fields in Hawaii had become ...
In 7th century BC, Celts started inhabiting British Isles. Those Celtic tribes of the La Tene culture were Gaels, Britones and Belgae. Britones inhabited the biggest part of Great Britain and that's one of the reasons why the island got that name. Around 55 BC, Romans came to the Britain for the fir...
