1. World War I and 1920s Consumerism
Many immigrants from Europe had their homelands ravaged by the war and sought to come to America, where the war had no damaging effects, in search of opportunity. ... US entrance into World War I transformed it into an economic powerhouse that witnessed spectacular growth in industry, business, and consumerism. ... The Republican policy of laissez-faire continued to dominate in the 1920s and business would be able to operate fully and efficiently with as little government regulation as possible. ... However, as a result of low government regulation, business became increasingly corrupt. ...
- Word Count: 2233
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate