The Great Depression: The Jazz Age

1553 Words7 Pages
The “Jazz Age” refers to the period that followed after the end of First World War in the 1920s. During this period, jazz music and dances became popular especially in the United States though it was also done in other countries like France and Britain (American-historama et al., 2018). A conjunction between white and black artists led to its popularity. The “Jazz Age” involved the era of social, economic, and political changes when the nation was finding solutions towards modernization, but it ended with the Great Depression. America experienced a fall in the stock market, an aspect that ultimately turned down people’s life (Foner, 2013). The recession not only had an impact in the United States, but also the whole world felt the pinch.…show more content…
The United States faced an economic crisis that led to the loss of billions of money in the stock market. American life turned down to the extent that banks fell and investors could no longer invest in the country. Many companies closed, and millions of citizens lost their job. Crime became a way of life for many during the Great Depression as it was almost impossible to find work. The industrial production in the United States declined 47% and gross domestic product (GDP) fell 30% (Ohanian, 2017). Life was no longer the “dream” and feeding a family was not an easy thing to do. Most people were forced to flee town centers and locate in rural regions to do farming so that at least they could get food for their families. People lost hope in life and ended up committing suicide. Many did odd jobs like selling of fruits in the streets despite high qualifications for prominent jobs for lack of no jobs and a means to survive and feed a family. The government tried all means to regain the country’s economic status, but it was not that simple until the beginning of World War II. Later, the government created a Financial Corporation in the funding of the failing banks, but these measures did little to solve the crisis until Franklin Roosevelt was elected president in November 1932. Roosevelt’s “New Deal” offered a new approach in the recovery process from the Great Depression for the
Open Document