Economic Growth In The Great Gatsby

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The American dream is gone. Once we were able to follow the ideology of picking yourself up, and working hard to create the ‘American dream’ is longer possible. The playing field is not equal anymore. The Great Gatsby is a great example of the American Dream. The economy is was good and people are earning a living to create their American dream. Jazz, and culture was abundant. People were able to find jobs without having to struggle as much as they are now. They were able to build extravagant lives or have the typical white picket fence. The gap between the rich and the other class grew as time went on. It became harder and harder to work towards your goals and jump economic classes. “The labor turmoil and difficulties of the transition…show more content…
The basic problem is that most families used to receive something approaching their fair share of economic growth, and they don’t anymore. “It’s true that the country can’t magically return to the 1950s and 1960s (nor would we want to, all things considered). Economic growth was faster in those decades than we can reasonably expect today. Yet there is nothing natural about the distribution of today’s growth — the fact that our economic bounty flows overwhelmingly to a small share of the population.” (Our Broken…show more content…
There once was a time where the market was set up for the American dream but it’s not anymore. People can’t jump economic classes like they used to. It's harder to find jobs and support your families now days. Outline: Starting with the begining a solid claim about the American dream. How the Roaring 20’s created the American Dream and how it’s no longer achievable. Paragraph one with be about how the American dream has become no longer achievable with a source to help prove the point.“The labor turmoil and difficulties of the transition back to peacetime production caused a short but sharp recession from 1920 to '21, with unemployment briefly exceeding 11%.However, the situation soon turned around, thanks in no small part to Commerce Secretary—and future President—Herbert Hoover's success in convincing major industrial leaders to voluntarily increase wages and production in order to pull the entire economy out of its slump. By 1922, the economy was growing robustly, a pattern it would follow more or less continuously until the Great Crash of 1929.” (Shmoop) As time progress I need to make the point that the economy changes creating divides between economic classes. To show that my claim is valid. The second paragraph is to complete my idea of the change of economy with a source to make it a stronger argument. “The recovery from the 1920-1921 depression had proceeded smoothly with moderate price increases.
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