The wealthier people got taxed less than the poorer people in hopes that they will spend more money.
There was an uneven distribution. The rich were getting richer, while the poor were getting more poor.
The economy of the United States crashed in 1929 and caused the Great Depression. The uneven distribution of wealth led to this because the poor had no money at all, and the rich had all of the money. When the economy crashed, everyone lost money.
Graphs and statistics was very helpful in the distribution of wealth in 1920s.
unequal distribution of wealth.
Unequal distribution of income meant that most Americans could not participate fully in the economic advances of the 1920s. Many people did not have the money to purchase the flod of goods that factories produced.
There was an uneven distribution. The rich were getting richer, while the poor were getting more poor.
The economy of the United States crashed in 1929 and caused the Great Depression. The uneven distribution of wealth led to this because the poor had no money at all, and the rich had all of the money. When the economy crashed, everyone lost money.
Graphs and statistics was very helpful in the distribution of wealth in 1920s.
unequal distribution of wealth.
Unequal distribution of income meant that most Americans could not participate fully in the economic advances of the 1920s. Many people did not have the money to purchase the flod of goods that factories produced.
The dilemma of American labor in the 1920s lay in the poor distribution of wealth and purchasing power, because wages rose, but many workers still lived at or below a minimum living standard
wealth
During the 1920s
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nation's economy during the 1920s was called urbanization.
The Aristocrats (upper & upper-upper class)
during the 1920s people bought on margin and factories boomed