Without warning, without planning, the nation lurched into a difficult task of economic reconversion. At first, the boom continued, but accompanied by raging inflation. Through most of 1919, and 1920, prices rose at an average of more than 15 percent a year. Finally, latte in 1920, the economic bubble burst as inflation began killing the market for consumer goods. Between 1920 and 1921, the gross national product declined nearly 10 percent; 100,000 businesses went bankrupt; and nearly 5 million Americans lost their jobs. &…
showed first 75 words of 789 total

showed last 75 words of 789 total
…new culture in very different ways. The U.S. in the 1920s was a consumer society. Women were now being college-educated. Also the 1920s constituted a new era for middle-class women. Margaret Sanger began her career as a promoter of birth control devices. Women also began to smoke, drink, dance, wear seductive clothing and makeup, and attend lively parties. Additionally, the prohibition of the sale and manufacture of alcohol went into effect in January of 1920.