Open Question

History Buffs: What sectors were the first to emerge after the *Great
Depression*? (Not that I believe it will be the same here)

Asked by kos1 1 month ago - 5 answers - 692 views
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J. yeah that was just my brief attempt at some humor given the pointless trading
today.

could be 4 years, could be 14. could be 4 months. no one said it was impossible
for a 1975 scenario

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yeah not 12 years Ryan agree with that. Just think that you will have time and
need to see what some of the policy changes before you go heavy into any sector
and stay small on positions.

Answered by JEwald - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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after such outstanding answers, i dont have much to say.lol

i dont know which were first, i know which were last though.

check out utilities and financials. they were nice big bubbles and took a looong
time to come back (check in on $DJU). a bubble followed by regulation, thats the
place NOT to be. as for first, i dont know but you certainly *dont* have 12
years to figure it out.

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well WWII started and that got a ton of industrials moving. Remember the crash
of 29 and then the war was 12 years later. this one is going to be awhile so
there is no need to hurry back in. In fact you will have years to research the
past history and understand what could apply today as Obama starts to make his
moves and the rest of the world. I believe you have to watch the first 6 months
of the new year and the policy changes here and globally as a lot of things are
going to change

Answered by JEwald - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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Here Kos, I'm too lazy to edit:
BTW, BIDU was up almost 2 percent in pre-market, did you get in and out of that
trade?


Perhaps the greatest increase in efficiency came when Henry Ford perfected the
assembly-line production method, which enabled factories to churn out large
quantities of a variety of new technological wonders, such as radios,
telephones, refrigerators, washing machines, and cars. The increasing
availability of such consumer goods pushed modernization forward, and the U.S.
economy began to shift away from heavy industry toward the production of these
commodities.

The automobile quickly became the symbol of the new America. Although Americans
did not invent the car, they certainly perfected it. Much of the credit for this
feat went to Ford and his assembly-line method, which transformed the car from a
luxury item into a necessity for modern living. By the mid-1920s, even many
working-class families could afford a brand-new Model T Ford, priced at just
over $250. Increasing demand for the automobile in turn trickled down to many
other industries. The demand for oil, for example, boomed, and oil prospectors
set up new wells in Texas and the Southwest practically overnight. Newer and
smoother roads were constructed across America, dotted with new service
stations. Change came so rapidly that by 1930, almost one in three Americans
owned cars.

The Birth of the Suburbs

Its effect on the U.S. economy aside, the automobile also changed American life
immeasurably. Cars most directly affected the way that Americans moved around,
but this change also affected the way that Americans lived and spent their free
time. Trucks provided faster modes of transport for crops and perishable foods
and therefore improved the quality and freshness of purchasable food. Perhaps
most important, the automobile allowed people to leave the inner city and live
elsewhere without changing jobs. During the 1920s, more people purchased houses
in new residential communities within an easy drive of the metropolitan centers.
After a decade, these suburbs had grown exponentially, making the car more of a
necessity than ever.

Modern U.S. Cities

American cities changed drastically during the 1920s because of factors above
and beyond those related to the automobile. First, the decade saw millions of
people flock to the cities from country farmlands; in particular, African
Americans fled the South for northern cities in the post–World War I black
migration. Immigrants, especially eastern Europeans, also flooded the cities. As
a result of these changes, the number of American city dwellers—those who
lived in towns with a population greater than 2,500 people—came to outnumber
those who lived in rural areas for the first time in U.S. history.

At the same time, new architectural techniques allowed builders to construct
taller buildings. The first skyscrapers began dotting city skylines in the
1920s, and by 1930, several hundred buildings over twenty stories tall existed
in U.S. cities.

The Airplane

Aviation developed quickly after the Wright brothers' first sustained powered
flight in 1903, and by the 1920s, airplanes were becoming a significant part of
American life. Several passenger airline companies, subsidized by U.S. Mail
contracts, sprang to life, allowing wealthier citizens to travel across the
country in a matter of hours rather than days or weeks. In 1927, stunt flyer
Charles Lindbergh soared to international fame when he made the first solo
flight across the Atlantic Ocean (from New York to Paris) in his single-engine
plane, the Spirit of St. Louis. His achievement gave an enormous boost to the
growing aviation industry.

Radio and the Jazz Age

Another influential innovation of the time was the radio, which entertained and
brought Americans together like nothing else had before. Electricity became more
readily available throughout the decade, and by 1930, most American households
had radio receivers. The advertising industry blossomed as companies began to
deliver their sales pitches via the airwaves to thousands of American families
who gathered together nightly to listen to popular comedy programs, news,
speeches, sporting events, and music.

In particular, jazz music became incredibly popular. Originating in black
communities in New Orleans around the turn of the century, jazz slowly moved its
way north and became a national phenomenon thanks to the radio. Along with new
music came “scandalous” new dances such as the Charleston and the jitterbug.


Hollywood and “Talkies”

The Hollywood motion picture industry also emerged during the 1920s. Although
movies were nothing new to Americans, as silent films had enjoyed widespread
popularity during the previous decade, the first “talkies” brought actors'
voices into theaters and kicked the moviemaking business into high gear.
Glamorous actors and actresses soon enjoyed the status of royalty and came to
dominate American pop culture.

Lost Generation Literature

While pop culture burgeoned, a new generation of postwar American authors penned
a flurry of new poems, plays, and novels. In 1920, F. Scott Fitzgerald gained
almost instant fame when he glamorized the new youth culture in This Side of
Paradise. Five years later, he followed up his first success with the critically
acclaimed novel The Great Gatsby. William Faulkner became the new voice of the
South with novels such as The Sound and the Fury (1929). World War I veteran
Ernest Hemingway published the antiwar novels The Sun Also Rises (1926) and A
Farewell to Arms (1929).

Other notable writers and poets of the era included T. S. Eliot, Sherwood
Anderson, Sinclair Lewis, and playwright Eugene O'Neill. Together, these
writers, disillusioned with war and society, became known as the Lost
Generation. Black culture in the North also flourished throughout the years of
the Harlem Renaissance, during which writers such as Langston Hughes and Zora
Neale Hurston created a new tradition in African-American poetry, fiction, and
scholarship.

Women's Suffrage and the Sexual Revolution

The booming twenties also brought more rights and freedoms for women. In 1920,
the Nineteenth Amendment granted American women the right to vote. Just as
important, more women gained financial independence as the number of women in
the workforce skyrocketed. Approximately 15 percent of women were employed by
1930. Although they were generally confined to “traditional” women's jobs
such as secretarial work and teaching, the new financial freedom that these jobs
afforded opened the doors to increased social mobility for women.

As women's rights increased, so too did social freedoms. A new symbol of the
Jazz Age emerged: the image of the short-haired, short-skirted,
independent-minded, and sexually liberated “flapper” woman who lived life in
the fast lane. Soon, the flapper came to represent everything modern in 1920s
America. With this new image of women, a sexual revolution followed as attitudes
toward sex changed and birth control became widely accepted and available.


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