to remedy it. The Great Depression, which plagued the U.S. from 1929 to

1939, was truly a product of World War I. All throughout the war the

American economy had been booming and expanding. We had been

supplying all the countries involved with the war with anything and everything

they needed, be it food, clothing or arms. We didn’t care who they were or

whom they were fighting for or against as long as we were taking in money.

Everyone had been making money and pouring it into farms, factories, and

equipment. The demand was at a level it had never come close to before and

we were more than willing to meet this demand with supply. Americans

quickly got used to being employed, having money, and a high standard of

living. When the war ended, society continued on this path. Unfortunately, the

demand for our supplies was gone. We didn’t know what to do. Between

1929 and 1933 world output of goods fell by

factories were overproducing, and this was leading to prices dropping. With

to put controls on production to raise prices again. The government organized

According to the book, investments in the factories, farms, and equipment

There was serious imbalance between real investment and stock market

money to keep up with the styles they had been living. The fact that 2 million

Some topics in this essay:
World War, Herbert Hoover, War II, Recovery Administration, , Throughout Roosevelt’s, stock market, Delano Roosevelt, stock market people, prices dropping, world war, market people, farms equipment, roosevelt’s efforts, america escape, government organized,