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World War I Results In Liberty And Free Enterprise In America

832 words - 4 pages

Throughout the 1920’s,traditional American values such as liberty and free enterprise became significantly more present in certain groups of society as a result of World War 1.

The traditional American value of liberty was significantly present in the group of rich industrialists, which was led by Henry Ford in the 1920’s. In the 1920’s rich industrialists were greatly benefited by free enterprise policies of the republican government. As described by Fiehn et.al on page 27 the policies of the Republican government greatly benefited the rich industrialists of the 1920’s by ‘lowering taxes on income and company profits, putting tariffs on imported goods. The lack of governmental ...view middle of the document...

” This led to the Republican laws of free enterprise to improve America’s economy. Each year the leading economic indicators rose; individual income, business growth and stock market trading all significantly increased during the 1920’s.

The concept of free will and determinism were less applicable to textile workers because were coerced into a life with poor conditions, low wages, dangerous situations that threatened health and with no available insurance. They were essentially trapped as to ensure that they could keep a stable income to provide food and to maintain a roof over their heads. No control over their own lives. Concept of liberty, though allowed vote, free speech, freedom of religion, that their poverty made them prisoners of the system of free enterprise. Were so poor that they were the slaves of rich industrialists. Although the 1920’s were a time of economic boom for groups such as the rich industrialists, 42% of people suffered from poverty. Many Americans feared that the great industrialists were reducing ‘freemen’ to ‘wage slaves’. Class division between the corporate giants and labourers became increasingly apparent. Prices doubled between 1914 and 1919 but wages raised little if at all. Workers began to demand higher pay, but rich industrialists realized that high employment gave them power and a strong hand and were unwilling to compromise the standard of wages. Due to the new development of materials lie plastic and rayon, the cotton industry quickly went out of business, the consequences being that thousands of textiles workers being laid off and the...

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