What was the attitude of the wealthy toward the poor in the 1920s?

They were desensitized towards the needs of the poor and unfortunates of society. The Harlem rich however, felt a moral and spiritual obligation to help those less fortunate then themselves to become more prosperous so that they could aspire to the joys of home ownership.

Who is responsible for being in poverty?

About half of men and nearly two-thirds of women say society is responsible for poverty. Older Americans are more likely to fault the individual, while younger people are more likely to regard poverty as the product of inequity.

How does wealth inequality lead to poverty?

Had income growth been equally distributed, which in this analysis means that all families’ incomes would have grown at the pace of the average, the poverty rate would have been 5.5 points lower, essentially, 44 percent lower than what it was. …

Why were people so economically optimistic in the 1920s?

Everything seemed like it was going great, and people thought that the good times would never end. The optimism of the early 1920s was largely due to the end of the World War I in 1918. The United States had been on the winning side of the war and had emerged from the war as a major world power.

Why was there so much poverty in the 1920s?

Farmers Were Stuck With Surplus For farmers in particular, the Great Depression basically began after World War I. During that war, U.S. farmers had increased food production to feed European allies. Afterward, prices and demand dropped, and farmers were stuck with an oversupply they couldn’t sell.

How can poverty be seen as a social problem?

While poverty has many dimensions, its two fundamental aspects are the lack of economic power owing to low incomes and assets, and the lack of socio-political power, as reflected in the limited access to social services, opportunities and information and often in the denial of human rights and the practice of …