The 1920sThe Roaring Twenties, while thought at the time to be a time of incredible prosperity, was actually a prelude to the Great Depression. This included an enormous income gap, massively increasing debt, and a rise in mass consumerism.
Upper 3: "Progressive" Presidents Roosevelt, Taft, and Wilson Lower 3: "Conservative" Presidents Harding, Coolidge, and Hoover |
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Overview: Background InformationProgressive Era:
The Progressive Era was categorized by mass economic reform due to protect workers, the environment, and the consumers of the products from the companies that were making them. The presidents of this time were considered "Progressive" whose policies regulated big businesses to prevent them from abusing their power. Roaring 20s: On the other hand, the Roaring 20s were categorized by a massive income gap, decreased governmental oversight on potentially abusive businesses, and mass poverty which had never happened in United States history before this. The three presidents during this time were conservative, and had certain policies which allowed big businesses to "cut corners" for a profit. |