Wealth in

the 1920s,
2020s, and
the Future
The 1920s
 Wealth in the 1920s

01
Materialism
WIth the war and Gilded age
behind everyone, many
Americans began to spend their
money on products and
experiences.
02 03
Popularity Economy
With the rise of materialism, The economy was in an extraordinary
wealth and popularity began spot, with the rise of stocks, giant
to correlate with each other. corporations were formed, and wealth
like never before was seen.

04 05 06
Unemployment Middle Class Mass Culture
In the 20’s, the middle class
Though the wealth rates were Henry Ford opened up the
prospered. Wages were raised by
spiking, the war left many people world to mass production, and
20%, items were become mass
unemployed. Rates spiked this soon sparked new trends,
produced and cheaper.
between 10-20% throughout the cheaper living, and more
Technology became available to
20’s technology.
all.
 Where is the
Wealth From?
Being rich in the 20’s was a great thing to
be. Stocks in big corporations, mass
culture, and inflation made some of the
wealthiest people the US has ever seen.
Income tax rate was lowered from 73% to
25%, new technology was cheaper so all
people could purchase it.
The 2020s
 Wealth in the 2020s

Crypto
Inflation Billionaires Currency Unemployment

Inflation rates are There are an estimated 2,700 Crypto currency is an online
billionaires throughout the currency used to complete In April 2020 the
through the roof. $20 in
world. They are heads of transactions over the internet. unemployment rate
1920 is equivalent to One of the most popular
major companies, celebrities, is 14.7% in the U.S.
about $283.72 today. The and insanely smart. Some, like examples is bitcoin. This has
As of March 2022, six
inflation rate is almost 5% Jeff Bezos, are close to being taken the world by storm. Many
people who have invested in million people were
per year, much higher trillionaires. Much like the crypto have made millions, and
1920s, the rich are still unemployed.
than past years its supposedly the new way to
avoiding taxes. become a millionaire.
The Future
 Where is the wealth coming from?

Unlike the 2020s, wealth is Celebrities make around the

not shown by wearing or
having expensive items, it
is non materialistic. The
richer the person, the
more simple of a life you
live.
same as a job in trades.
The leading careers are in
the fields of technology,
medicine and science.
The wealthiest people in the world are
trillionaires and the average family has millions.

Bonorum, the type of currency, is used worldwide

as a form of cash.

People no longer carry around a wallet but can

choose from special watches or bracelets that
carry chips inside.
The chips are similar to a credit card chip.
You just walk out the door of a store and sensors
on the doors scan your bracelet/watch and take
money from it.

The watch/bracelet also has a tracking device in

it to prevent losing it, you can track it by using an
app on your phone.

This is an improvement because your money

becomes harder to be stolen or lost.
Wealth &
Culture
 How does it all
relate to Culture?
In many societies, wealth and technological
discoveries were the main influences of culture. In the
1920’s, wealth was shown through new materials and
expensive experiences. As this spread, culture was
changed. It became the standard to host expensive
parties and own materials. In the 2020’s, wealth is
materialistic, but the wealthiest people don’t flaunt it.
Culture has changed to think that only wealthy people
are successful. In the future, wealth is considered a
norm, and the culture of society has formed around
that. In these instances, you can clearly see that
culture and wealth are very much related, and most
times culture revolves around wealth.
 Links

https://www.shmoop.c
om/study-guides/histor
y/1920s/analysis

https://www.bls.gov/ne
ws.release/pdf/empsit.
pdf

https://www.kaspersky.
com/resource-center/d
efinitions/what-is-crypt
ocurrency

Bureau of Labor
Statistics, United States
Department of Labor