Question

What were the hidden dangers in the cultural and economic life that Americans pursued in the 1920s? What signs were there that this prosperity and its accompanying lifestyle were built on shaky foundations? Why were so many of these dangers and warning signs ignored at the time?

Answer 1

The hidden dangers in the cultural and economic life in the 1920s included overreliance on credit, overproduction in industries, and the resulting agricultural crisis. These dangers were ignored at the time, leading to unstable foundations for the prosperity of the era.

Step-by-step explanation:

In the 1920s, there were hidden dangers in the cultural and economic life that Americans pursued. One of the dangers was the overreliance on credit and consumerism, which led to an unsustainable balance between luxury and security. Another danger was the overproduction in industries and the resulting agricultural sector crisis. Additionally, the prosperity of the 1920s was built on shaky foundations because of the economic issues and warning signs that were ignored at the time, such as failing industries and overproduction.

Answer 2

One of the first problems arose with prohibition which led to a devaluation of alcohol. As well as other laws led to continuous devaluations. With the policy of protectionism, the United States ended up falling into a crisis of overproduction. So there were inflations, the smuggling that became more and more important in the trade. America initially had to abandon investment in European industries. The American man of the '20s lived a day, regardless of tomorrow. The great crisis will bring this population back down to earth.

Sorry for the english, i'm italian.