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2006-11-09 00:59:09 · 2 answers · asked by emma l 1 in Social Science Economics

2 answers

They weren't known as the Roaring 20's for nothing. Although the depression started Oct 29, 1929. That really is seen as the end of the 20's and the start of the depression of the 1930's. I mean it is only the final 63 days of the decade.


For the US it was more leisure time and greater prosperity. More spending, more credit, more productivity, better technology, more consumer goods, more credit use, shorter work hours.

World War 1 ended in 1918, so you have more of a carefree time after that. Wars gear up a lot of technology and industrial output. When the war ends, the factories are still there and they can turn to consumer goods. For instance, trucks and radios were available and affordable new technology. The same thing happened again at the end of WW2.

2006-11-09 06:35:32 · answer #1 · answered by JuanB 7 · 0 0

very poor,the great depression came in the late 20"s.a lot of people lost almost all that they had. some committed suicide over money loss.

2006-11-09 01:07:49 · answer #2 · answered by Tired Old Man 7 · 0 1

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