Final answer:
From 1890 to 1930, tourism became a significant factor in the United States' economic growth, with urbanization and industrialization facilitating more leisure travel. The 1920s saw a land boom and bust, mainly in Florida, contributing to economic turmoil and the Great Depression.
Step-by-step explanation:
Effects of Tourism and Land Boom and Bust in the US (1890-1930)
Between 1890 and 1930, the role of tourism witnessed significant changes that contributed to the development and growth of the United States. With the growth of industrial America and the expansion of transportation networks, people were increasingly able to travel for leisure. This led to a boost in tourism-related industries and services, further fueling economic growth. During the 1920s, also known as the Roaring Twenties, tourism flourished alongside the nation's overall economic prosperity.
However, this period was also marked by the infamous land boom and bust, particularly evident in states like Florida, where speculative investment and subsequent overvaluation led to a dramatic collapse in land prices, contributing to the onset of the Great Depression.
In the realm of urbanization, cities like New York, Philadelphia, and Chicago experienced mass migrations, changing cultural dynamics and fueling the demand for new forms of leisure, including tourism. As America's economy became the world's largest, the concept of the American Dream was identified not only with opportunity but also with the appeal of traveling to see the nation's vast landscapes and modern cities.
These transformations reflected broader social, economic, and political changes taking place in the country. However, the land boom's fleeting success was unsustainable and ultimately resulted in a bust, leaving investors with worthless assets and shaking the economy deeply.