After WWI, American industry had flourished, as many postwar eras call for. Government adopted a laissez faire policy in which businesses regulated themselves, without government intervention. Resultingly, businesses became a lot more profitable …show more content…
Hollywood became the ideal center for film and movie making, recruiting top stars worldwide. Additionally, Hollywood “had also come to symbolize ‘the new morality’” in which youths, women, and men all over the nation compared it with the notion of extravagance, beauty, fame, and elegance. At its prime, the industry expanded to be one of the top five industries in the nations, claiming the title of “the world’s film capital.” Despite the lavishness, actors and actresses were also limited to regulations, and had to follow “moral” ethics confided to the Bible that prohibited any sexual intercourse or even the notion of sexual intercourse, i.e. two couples sitting on a bed. Eventually, inventors were searching for ways to synchronize sound with the movies. Finally in 1926, after decades of unsuccessful trials, the Warner brothers released its first synchronized film score, which was commonly known as the “talkies” in short for “talking films.” The appeal of synchronized sound with films created an upsurge in movie attendance. Furthermore, the introduction of sound also generated and encourage new film genres, such as musicals and …show more content…
One of the main causes that greatly severed the prospering economy of the 1920s was overproduction. New machinery and techniques had enabled workers to produce goods that quickly matched the oncoming demands of consumers. However, as prices increased, numerous people were unable to buy the products, thus conflict ensues in an overproduction of goods. In addition to the catastrophe, banks were often closed down and millions lost their life savings. The unemployment rate soared well over 25%, as families lost their homes and often starved or froze to