When you have finished studying this chapter, you should be able to:
Describe the sources of economic growth and prosperity in the 1920s.
Explain the changes in business and advertising and the rise of a mass consumer economy during the decade.
Explain the emergence of modern mass society and culture, as well as the character of literary and traditionalist reactions against them.
Explain why the text says there was much "dissolution of ancient habits" in the 1920s. Another way to look at it is to see a "clash of values." What values were in conflict?
Describe the Great Bull Market and why it crashed.
Explain the economic weaknesses that led to the Great Depression.
