Overview of The Great Depression

With the end of human contendfare I, the coupled States entered a clock of successfulness; it was the 1920s, and the scotch system was go. Millions of people enjoyed the financial upswing, taking full advantage of the new-fashi geniusd money they now possessed. besides as the Exiting the Roaring mid-twenties, the human beings was struck by the large notion. The Great economic crisis was the sterling(prenominal) downfall of the American providence in history. After one of the most prosperous decades, the join States was thrown into an extreme economic slump. People struggled to adjust from purport in the mid-twenties to vitality in the Great imprint as the two decades were diametric opposites. Along with the backlash, the stock mart crash and bank failures threw the verdant into a new earned run average of suffering and poverty. The Great Depression created a snowball issuing as it gained more force play and caused destruction as it went on. As it continued , it harmed American lives and the economy.\nThe hardest part of the Depression was entering it. During the 1920s, the United States enjoyed prosperity and luxury. With the end of World War I, many feared a dry land in ruins and no mull over market. However, the exact opposite happened. Those reverting from the war were able to get in jobs fairly quickly, and the economy was booming as a time deemed as The Roaring Twenties . According to American History, The 1920s brought a feeling of emancipation and independence to millions of Americans\n(http://www.manythings.org/voa/history/168.html). The United States was swimming in prosperity as a acres emerging from a war on stable and self-colored feet. Many thought this prosperity would go on forever. No nation had more immense natural resources than the United States (Boardman 21).\nThe lease market was incredible, and annual salaries had increase significantly. However, this ended with the Great Depression. wage dropped s ignificantly, the value of money decreased, and the guide for goods declined as well. Those who suffered mo...