Jewish Immigration In The Early 20th Century America

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Jewish conspicuous achievements are frequently attributed to the statement that Jews are the Chosen People of God. Not only does it induces discomfort among both Jews and Gentiles, most Judaic theologians would suggest that the conferment of such “divine favor” is vastly misinterpreted. Regardless whether such peculiarity was the works of a supreme entity, I supposed that Jewish economic success could be inferred through analytical reasoning where Jewish history, culture, and religious teachings formed a cultural capital that fostered financial literacy among Jews during the mass immigration in early twentieth century America. Jewish cultural capital incorporated with the existing American capitalist economy, therefore, catalyzed financial success of American Jews as a whole. Jewish mass immigration to the United States occurred in waves, reached its pinnacle at the end of the nineteenth century until the establishment of restrictive immigration quotas in 1924. It was a period where Ashkenazic Jews emigrated en masse from Eastern Europe and settled in major cities like New York, Boston, Philadelphia and Chicago due to overpopulation, oppressive legislation and extreme poverty. The American capitalist …show more content…

Nevertheless, it is important to note that “equal opportunity” here stood for individual freedom, ability and rationality to choose favorable prospects while discounting external circumstances that grant privileges or set forth detriments. Thus, setting apart American Jews from their American counterparts and fellow immigrants in terms of financial standing which cannot be attributed merely to external circumstances, that is, having availed themselves the opportunity to leverage a cultural capital that engendered favorable economic outcomes in a capitalist

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