domingo, 13 de mayo de 2012

1920's decade

After the First World War, United States was located in a privileged position compared to other countries. Industrial growth was very good based on the theories of Taylor and Ford on the organization of work and production. 

Moreover agriculture was not as successful and the growth was rather dismal. It was a time when consumerism was a high number and the United States was seen as a rich country, the country promised. 

The good weather was in the population is what made people buy the shares of industrial companies. Until late 1929 the stock rose about 90%. The actions did people make money and this benefited them and investing in the shares of a rich country while the other countries were in a rather critical economic situation. The stock market continued to grow ever more and more.


Siloverstein, Barret. "The 1920s A Decade of Change."http://www.ncmuseumofhistory.org. North Carolina Museum of History, 2005. Web. 13 May 2012. <http://www.ncmuseumofhistory.org/collateral/articles/s04.1920s.decade.change.pdf>.

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