Roaring & Not-So Roaring Twenties - Essay Example

The post First World War development in terms of technology, society and other fields of social life. It saw economic development in different parts of the world. Some even went on to the level stating it Crazy years of exuberance. Political order was established in different parts of the world, democracy was introduced in the parts of the world that had been under the rule of totalitarian systems previously. This golden age lasted from 1921 to 1929 (Pomfret and Pomfret, 51).The advantages of this progress came about in terms of economic progress, empowerment, and women’s participation in the industries, scientific explorations and industrial development.

Banking system started to progress, although this was on temporary grounds. Music industry also flourished. Jazz and other modern instruments were introduced. Radio transmission saw progress and more familiarity amongst the masses. Literature also flourished. The American dream was being followed more vigorously. Wall Street flourished and went global. European Industries also saw progress.The negative side was the too much reliance on technology and artificial existence of the markets and industries.

This eventually led to the Economic Recession towards the late 1920s. The Great Depression again led the mindset towards an authoritative mindset. For example, fascism, Communism, and Nazism, all prevailed as a reactionary mindset, ideology and political concepts against the capitalist markets. Other draw backs of this concept were the fact that social competition came about. The novel The Great Gatsby is reflective of the impacts the roaring twenties had on the society and individuals.References:Pomfret, Richard W.

T and Richard Pomfret. The Age of Equality: the twentieth century in economic perspective. Harvard University Press, 2011