Did the 1920's Roar?

Topics: 1920s, Investment, Macroeconomics Pages: 2 (613 words) Published: March 6, 2013

The 1920’s experienced a roaring time, in terms of economy, culture, and technology. Everyone was having a good time and people became worry-free. Jobs were becoming more available, and pay increased. People were buying more luxury items. Also, they were going out and having fun. The 1920’s brought happiness to many people and families because of the overall boom.

The 1920’s experienced an economic boom because of foreign investment, expanding industries, and consumerism. Before the 1920’s the biggest foreign investors in Canada were British, however because of WWI, British investment fell and Americans moved in as Canada’s number one investor. This foreign investment made much of the expansion in Canada possible. Expanding industries such as farming, mining, the auto industry, and energy production provided economic growth in Canada. There was high demand for these industries, which lead to more production, money, and jobs for Canadians. Also, consumerism had a large impact in the upwards economic cycle in Canada. People were buying more, which lead to higher production rates, more jobs, and higher wages. Higher wages meant people could buy more, and the process of the upwards economic cycle repeated. Overall, foreign investment, expanding industries, and consumerism lead to an economic boom in the roaring twenties.

Culture in the 1920’s changed immensely in response to the 20’s roar; these changes were in sports, fashion, and entertainment. In sports, baseball was the most popular summer sport. Babe Ruth, Fanny “Bobbie” Rosenfeld, and Lionel Conacher were big names in these times. The NHL was established and grew in the 1920’s, as in 1924, the Boston Bruins were the first American team. Hockey Night in Canada became popular and brought families’ happy memories together. In fashion, there were flappers. Flappers revealed a shocking amount of skin. This look was affordable to middle class women and included...
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