一战后的美国经济

The Bubble Boom 虚假的繁荣
– Gamble in stocks
wenku.baidu.com– The imbalance of the economic development – The wide gap between the rich and the poor
The Great Depression
The depression started with the fall in stock prices that began around September4,1929. It caused the stock market crash, bank failures, reduction in purchasing and human suffering.
Coolidge Prosperity (柯立芝繁荣)
( 1923—1929) In WWI, America accumulated a great amount of wealth by providing weapons , arms and loans to Britain and France .After the war, the American economy developed rapidly at an unprecedented speed. The period of prosperity was named after the president, Calvin Coolidge .
The Mental Void and Helplessness
Because of the cruelty of WWI, many people started to doubt with traditional values (nationality, glory, democracy and freedom) and they lived a decadent life without religions ,faiths and right social values. Materialism and hedonism prevailed in the whole country.
American Society after WWI
Impacts on Economy Impacts on American culture and social values
Economy
Temporary prosperity (Coolidge Prosperity )
Recession (The Great Depression)
The Reflection of the Prosperity
1920~1929 年美国工业总产值大约增长了53%， 工业生产的年增长率为5.4%,而1899~1915年为 4.3%。到1929年，美国在资本主义世界工业 生产的比重已达48.5%，超过了当时英、法、 德三国比重的79%。 到了1921年，美国人已经驾驶着1050万辆有 牌的汽车了。八年之后，这个数字跃升到 2600多万，即全国每五个男人、女人、儿童 中就有一辆。 ---孙云畴《美国史话》
The Jazz Age "It was an age of miracles, it was an age of art, it was an age of excess, and it was an age of satire。” ---F. Scott Fitzgerald “这是一个奇迹的时代，一个艺术的时代，一个挥金 如土的时代，也是一个充满嘲讽的时代。 Here was a new generation, shouting the old cries, learning the old creeds, through a revery of long days and nights; destined finally to go out into that dirty gray turmoil to follow love and pride; a new generation dedicated more than the last to the fear of poverty and the worship of success; grown up to find all Gods dead, all wars fought, all faiths in man shaken. . . . ---This Side of Paradise 一切神灵统统死光，一切仗都已打完，以往关于人的 一切信念完全动摇。