Economic Growth In The 1920's
There’s a reason they called the 1920s in America the “Roaring 20s.” Not only was there a new feeling of ebullience in pop culture and society, but the economy was booming as well. According to Investopedia, “Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another.” There are a variety of ways a country can achieve economic growth: increases in labor force, capital, natural resources and higher productivity through increased education. During the 1920s, America enhanced economic growth by developing its educational system. In the Progressive Movement, men like John Dewey sought to enhance the educational system, leading to increased productivity and heightened