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Social Studies 10 Lessons
By:
Gen L
Lesson 2: The Roaring Twenties
The Roaring Twenties
1922, US became leading investor in Canada
Brits previously invested in
Canadian owned
ventures.
Now, US invests in
American owned & controlled
Branch Plants
Investment helps and hurts - economic growth w/ low risk, but at the expense of Canadian soverignty.
Roaring Twenties, cont.
Increased prosperity - More people can afford consumer goods
Electricity & Electric appliances became common in homes, as did the telephone
Optimism fueled the economy
Stock investment & growth was unprecidented
1921-1929, Canadian stock prices tripled
People began to move to the cities (urbanization)
Society & Culture of the 20's
Not only our economy, but our culture was being "Americanized".
Radio use increased
A new American music style became popular: Jazz
Fashion changed drastically, notably
"Flappers",
a style that reflected the spirit of fun and wealth of the time.
Age of Mobility
Cars mass-produced on assembly lines invented by Henry Ford (
Model T, 1908-1927
)
Lower costs made ownership possible for most families
Tourism boomed, aided by rail & air travel
Average people now had access to a lifestyle that was previously restricted to the very wealthy.
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