The Transformative Interwar Period

The Interwar Period

• The interwar period lasted from 1918 to 1939, spanning 21 years.

Significant Changes

• The interwar period witnessed the rise of new political ideologies, including communism, fascism, and nazism.
• The period saw the emergence of new global powers, including the United States and the Soviet Union.

The Roaring Twenties

• The prosperous Roaring Twenties were fueled by a credit boom, with many Americans buying consumer goods on credit.
• New technologies, such as electricity and automobiles, contributed to the era's prosperity.
• Cultural and social changes, including the liberation of women and the rise of jazz music, also characterized the Roaring Twenties.

Technologies

• The interwar period saw significant advancements in transportation, including the development of air travel and high-speed trains.
• Radio broadcasting became a popular form of entertainment and news dissemination.
• The development of plastics and new manufacturing techniques enabled mass production of consumer goods.

Economic Consequences

• The economic event that followed the indulgences of the Roaring Twenties was the Great Depression, a global economic downturn that lasted from 1929 to the late 1930s.
• The Great Depression was triggered by the stock market crash of 1929, which led to a sharp decline in global trade and industrial production.