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Great Depression

This paper is an effort to explain how the great depression affected the American

culture, to include what the problems were in the economy and what led to the biggest

economic downfall in United States history. Also, this paper will describe what the

American people went through and how the government reacted to the devastation

decade that changed so many Americans lives, and restructured the way that we live now.

The “roaring twenties” was an era when the American people prospered

tremendously. During this period, the nation’s total income rose form 74.3 billion in

1923, to 89 billion in 1929. The reason for this enormous growth was because of the 2

major industries that evolved after WWI; such as automotive and the radio industry.

Due to the demands of the war, automobiles, radio and their parts were being built in

large quantities causing the workforce to increase. From 1925-1929, the average worker

output per worker in these industries increased 32% in manufacturing, and the wages

for manufacturing increased at one fourth as fast as the productivity increased. President

Coolidge also helped the American people, he reduced federal income taxes and


jobs daily and couldn’t afford health care, housing or food . More than thousands

happened in the 1920’s, was there was a oversupply of goods and the American culture

Some topics in this essay:
Unfortunately America, , Depression” Depression, President Coolidge, President Roosevelt, United Europe, Valley Authority, Depression” WWII, Depression Deal, american culture, President Roosevelt’s, american people, stock market, “the depression”, economic downfall, president roosevelt, president hoover,

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Approximate Word count = 912
Approximate Pages = 4 (250 words per page double spaced)


  

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