The Jazz Age

In: Historical Events

Submitted By sarmenta4
Words 1179
Pages 5
The World Wide Depression
The nineteen thirties was an era of unemployment. This was a worldwide depression caused by matters such as unregulated wall street, world war one, poor sectors in the economy, and isolationism. The depression was the biggest economic fall in American’s history. This crash stretched throughout the globe and affected the rich as well as the poor. There were many causes that assisted in bringing the depression into existence. However, one of the main causes was the disproportionate riches during the nineteen-twenties. The gap between the rich and the working class people was the enlarged industrialize production during this period. In addition, this periods production cost fell quickly as wages rose slowly and prices remained steady.
Following world war, one arrived what we know of today as The Jazz Age. It was movement from the 1920’s that emerged dance and Jazz music. This age glorified city life. Americans and many African American sharecroppers from the South left their farms in record numbers to live and work in places like Chicago and New York City. F. Scott Fitzgerald called it a time when "the parties were bigger, the pace was faster, the buildings were higher, the morals [reduced]". This era was also known as the "anything goes “period, which emerged in America after World War I. “The unbounded optimism of the Jazz Age and the shocking consequences when reality finally hit on October 29th, ultimately lead to the Great Depression” (PBS).
Beginning with the stock market crash of 1929, which was originally designed as a corporation owned capital; where “Each share of stock represented a proportionate share of the corporation. The stocks were bought and sold on stock exchanges, of which the most important was the New York Stock Exchange located on Wall Street in Manhattan”(PBS). One of the most certain triggers for the stock market…...

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