Notes
- Spanish flu over 1915
- Horrors of WW1 over
- War Veterans retiring from home
- Economy is booming
- Stock market is hot
- People are spending money Woman rights brought to the front/woman can vote
Summary
Once WW1 was over the economy was booming. People started spending lots of money. Americans felt free to buy and invest in stocks.
Video
Picture
Political Cartoon
Quote
“The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s - poor distribution of income, a weak banking structure and insufficient regulations, the economy's dependence on new consumer goods, the over-extension of industry and the Government's blind belief that promoting business interests would make America uniformly prosperous.”
― Lucy Moore, Anything Goes: A Biography of the Roaring Twenties
― Lucy Moore, Anything Goes: A Biography of the Roaring Twenties
Subjunctive Question
Would the recession have been as bad if people weren't as invested in the stocks?