HIST 13C Lecture Notes - Lecture 7: Investment Banking, Stock Market, Liberty Bond
Document Summary
After the war: massive labor unrest in us due to economic reasons, collusion between government and business during ww1 was ended post war. Everything fell on the market once again; government was not responsible for businesses anymore: because of this, the prices of everything rocketed. Price of sugar and other commodities increased greatly. Due to sugar price increase cuba became really rich and the dance of. Millions occurred, which was when overnight everyone in cuba became millionares. Then the price of sugar dropped and the cuban economy crashed, and possibly led to cuban revolution 30 years later. Tension between wealth and labor strikes, rise of black militancy vs. white militancy describes the 20s. The roaring 20s or jazz age - period of wealth to some degree and radical experiments. Early works were primitive but modern works were about harlem, black workers, racial and sexual freedom in harlem, the big city, etc.
