Quotes & Sayings About The 1920s Economy

It wasn't until the 1920s that a bare majority of children grew up in families where the father's labor purchased the family's provisions, while their mother did unpaid child care, elder care, and housework.

The Great Depression and World War II disrupted this family form, but it roared back in the 1950s, when the percentage of wives and mothers who were supported entirely by their husbands' wages reached a high that has never been equaled, before or since. — Stephanie Coontz

The problem started before World War I. The gold standard was working fairly well. But it broke down because of the war and what happened in the 1920s. And then the U.S. started to become so dominant in the world, with the dollar becoming the central currency after the 1930s, the whole world economy shifted. — Robert Mundell

During the Great Depression, levels of crime actually dropped. During the 1920s, when life was free and easy, so was crime. During the 1930s, when the entire American economy fell into a government-owned alligator moat, crime was nearly non-existent. During the 1950s and 1960s, when the economy was excellent, crime rose again. — Ben Shapiro

The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s - poor distribution of income, a weak banking structure and insufficient regulations, the economy's dependence on new consumer goods, the over-extension of industry and the Government's blind belief that promoting business interests would make America uniformly prosperous. — Lucy Moore

In the United States today we have the most unequal wealth and income distribution of any major country on earth - worse than at any time since the 1920s. This is an economy that must be changed in fundamental ways. — Bernie Sanders