1. Great Depression
... shocking because it came after a decade of unprecedented prosperity. It affected all areas of American life, especially American confidence. When the stock market crashed in the fall of 1929 the nation began to sink deeper and deeper into depression as business increased profits while holding down wages and increasing prices of raw materials. This depressed consumer purchasing power which in turn meant less profit for ... system at all levels. Needles to say it never worked, but the New Deals all had a part in a recovering economy. 3. World War II In May of 1935 Italy invaded Ethiopia, ...
- Word Count: 1019
- Approx Pages: 4
- Grade Level: High School