The Great Depression And Dust Bowl - 2250 Words

In the decades leading up to the 1920s, industry in America boomed. Not only were monopolies created but mass production of many goods was the source of an economic boom. During the 1920s the economic boom led to some of the best times in history. However, later in the decade, devastation came in the form of the Great Depression and Dust Bowl. These two factors left a sour taste in the mouthes of Americans as they moved into the thirties. The drastic difference between the economic high and low of the 1920s are due to a combination of the economic boom at the beginning of the decade and the Great Depression at the end, with numerous factors in between these two bookend events. During the best of the decade there was economic boom,†¦show more content†¦Vertical Integration is the controlling of all parts of the manufacturing process, from obtaining raw materials to sale of the final product. This allowed for many corporations to completely run this industry and contro l the market. Hence, by 1890, things were out of hand and thus the Sherman Anti-Trust Act was implemented. This act outlawed trusts and any other monopolies in order for their to be more competition and less fixed price enterprises (Boyer). The most important long term effect that the period of Robber Barons vs Captains of Industry had was its creation of an economic boom and a bull market that lasted a long time. Not only were there economic improvements but also social. The impact of war on the home front left room for women to establish themselves in the work place and for other social reforms to take place. The 1920s were just a time of great economic success, there were also very positive social movements too. The main social movement that took place was the Harlem Renaissance. The Harlem Renaissance was a time of increased African American literature and art that formed a movement. This movement, the Harlem Renaissance, came from the Harlem areas of New York City and was the first cultural specific movement in this era. Due to the mass migration to the urban cities of the northeast from 1914-1918, many blacks began to establish themselves in certain areas, such as Harlem. Those