Colonial economy to s[ edit ] Shipping scene in Salem, Massachusetts, a shipping hub, in the s The colonial economy differed significantly from that of most other regions in that land and natural resources were abundant in America but labor was scarce. Population growth was responsible for over three-quarters of the economic growth of the British American colonies. The free white population had the highest standard of living in the world. Under the colonial system Britain put restrictions on the type of products that could be made in the colonies and put restrictions on trade outside the British Empire.
New energy sources of oil and electricity fueled newly mechanized industrial production systems. As a result, an increasingly mechanized United States greatly influenced developments in Europe and the rest of the world.
World modernization arrived Americanized. The decades of the s and s were separated from the past and the future by two catastrophic world wars.
Frequently the two decades are contrasted. The s are known as a period of economic boom. The s are mostly associated with the economic hardships of the Great Depression. They were far more similar to each other, however, than to any other time period before or after. Major trends begun in the s carried through the s, only colored by economic difficulties.
For many Americans their daily lives were not drastically different between the two decades. Just as not all people experienced the great prosperity of the s, not all people suffered severely through the s.
In terms of overall traits, the two decades shared more in common than often acknowledged. Together they represented a period of dramatic change in U.
Assembly line production, first introduced in by Henry Ford in the Detroit auto industry, was adapted to other industries. Consumers quickly saw a broader range of durable goods than ever imagined before. Mass productionand the resulting mass consumption, were born. As it did with the factories, mechanization also greatly affected the home, with various new electrical appliances easing the workload everyday.
The changes on U. Farm mechanization allowed fewer farmers to tend larger acreages. Many small farmers who found themselves unable to compete were squeezed out.
Displaced farmers and farm laborers replaced by the machines moved to the city looking for work. As a result, the era period marked the major transition of America from a predominately rural society to an urban society.
For the first time in U. Of the many products increasingly available, the automobile brought perhaps the biggest change to society. The common availability of the automobile dramatically altered peoples' ability to get from one place to another. They could commute from the suburbs and go just about anywhere they wanted when they wanted.
As the era saw the technology of mass production spread from one industry to another, fueling increased mass consumerism, the mass media also came of age. Movies, recordings, and radio brought entertainment in new forms to more and more people.
National sports stars gained mythological stature and a unique American popular culture took a more defined shape. It was during this interwar period of the s and s that modern America emerged, an American culture distinct from its predominately European roots.
These new developments affected all other facets of U. A new modern style called Art Deco is introduced at a Paris exposition that influences the appearance of many consumer products and architecture through the s.
Construction of the Empire State Building is completed, making it the world's tallest building for the next forty years. Amelia Earhart is the first woman to fly solo across the Atlantic Ocean. Detroit automobile manufacturers roll out the first models sporting a new modern streamlined look, a departure of the previous square Model T appearance.
Jesse Owens wins four gold medals and sets three world records at the Summer Olympics in Berlin, Germany.During the period, a series of recessions happened. The recession of resulted from a stock market panic, which lowered stock prices 20% and briefly cut wheat prices in half.
It was one of the shortest and mildest recessions in American economic history. The s were a time of civil unrest and chaos in Europe. Hitler used fear and manipulation to bring the people of Leningrad to their knees. Although nearly 1,, died, the people of Leningrad still prevailed in their quest for liberation from the repressive rule of Hitler’s Nazi regim.
Introduction to Historical Data Long-term trends can show us more clearly where we have been so that we ported crime rate was fairly level during the s, s, and s, before sharply Across the country, and even internationally, the U.S.
murder rate receives more atten-. The s (pronounced nineteen-fifties; commonly abbreviated as the ' 50s or Fifties) was a decade of the Gregorian calendar that began on January 1, , and ended on December 31, By its end, the world had largely recovered from World War II and the Cold War developed from its modest beginning in the lates to a hot competition between the United States and the Soviet Union by the.
Global Issues Overview; Global Issues Overview. As the world’s only truly universal global organization, the United Nations has become the foremost forum to . During the period of the New Economic Policy (NEP) in the mids, the Left Opposition criticized the dominant faction within the party leadership, headed .