Lifestyles of the Rich and Famous in the Roaring Twenties

985 words 4 pages
Lifestyles of the Rich and Famous in the Roaring 20’s "The Roaring Twenties”, "The Era of Wonderful Nonsense", "The Decade of the Dollar" , "The Period of the Psyche", "Dry Decade" and the age of "Alcohol and Al Capone”, these slogans are all ways to describe the 1920’s in just a few words. (The 1920s: Lifestyles and Social Trends: Overview) The 1920’s were a decade of parties, money, and extravagant lifestyles. The decade portrayed the American Dream of women, money, alcohol, music, and partying. In the twenties dresses were shorter, alcohol was illegal, and parties were a given. New fashion trends and music, infamous and dignified names, and unforgettable scandals are what remain of the extravagant post WWI decade. If you were alive …show more content…

Popular dances included the Charleston and the Black Bottom. (1920 – Blackbottom and Charleston) Much of the rich community inherited their money from old money; others however invested in stocks and took up jobs on Wall Street. The stock market was booming during the middle of the 1920’s. It was a risky business but you couldn’t have noticed in the 20’s. The stocks floated up and down a few times until they climbed upwards noticeable in 1927. “The strong bull market (when prices are rising in the stock market) enticed even more people to invest. And by 1928, a stock market boom had begun.” Most citizens had intentions to invest, but couldn’t afford it. Wall Street was filled with people lucky enough to earn their way to money or folks from old money. During 1929 there had been “mini-crashes” in the stock market foreshadowing the crash of 1929 known as Black Tuesday. This was the beginning of the end for the Roaring Twenties. (The Stock Market Crash of 1929) The Roaring Twenties were a decade of nonstop parties for the rich and famous. They lived extravagant lifestyles, never sobering up, or stopping the music. It was a time for celebration after the victory of the Great War and a time to prepare for the unknown upcoming 2nd world war. It was a time of booming stocks and illegal booze. The newly invented cars and planes were the talk of the town and something to show off when you had money. Anything flashy and costly was in


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