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The Aristocracy of the
time lived lavishly, threw
grand parties, dined out in
expensive restaurants,
drove the latest cars, lived
in mansions, and owned
several businesses.
As the 1920s progressed the economy
became better and better, but in 1929
the Stock Market crashed. Though
it did not happen in a single day,
the effects were quick and
everlasting. Many of the lower lost
their jobs and homes because businesses were claiming bankruptcy; thus increasing the unemployment rate.
Wealthy men in the 1920s drove
the latest cars or were driven by
a chauffeur. They worked in large
buildings making well above
minimum wage. During long
distance travel, they would take
a train and ride in first class.
As cars became a more prominent way to travel, the streets quickly became filled with traffic. Soon, the most efficient way to travel became walking. The more people walked, the longer it took to commute to work; thus requiring people to live closer to their place of work. This caused a mass migration from rural to urban settings.
Though distinguished in a
lower social class, employed
workers lived in houses that
provided one room per
person. They enjoyed
electricity, inside running
water, central heating, and indoor plumbing.
They lived on minimum wage while working
industrial manufacturing jobs such as car
manufacturing, textile production, etc.
Throughout the decade known
as the "Roaring Twenties", the
wealthy spent money
uncontrollably and flaunted
their wealth, but in 1929 the
Stock Market crashed. Contrary
to popular belief, not many rich men lost their fortune. Most just stopped spending and flaunting as much.