First of all, one of the most diversity factor of the economic was the Stock Markets. During the 1920, the nation stock growth bringing an increased demand for American goods and speedy industrial growth. Things were looking good for the United States during the roaring twenties. The Stock Market crash of 1929, led to the ruin of many Americans and was followed by the great depression. The Great Depression witnessed the end of the economic boom in the 1920 's.
Grange was a BIG hit in the 90’s. Grunge’s “anti-fashion” made its mark on America, and it made its mark big. It brought out a “do it yourself” attitude amongst people and got rid of the materialistic era of excess, and ushered in an era of grunge. This changed can be pinned on the market crash in the late 80’s, forcing people to downgrade not only their cars, house, and food choices, but also their fashion, making grunge big. They were grungy, wild, and dumb (or maybe just
The Great DepressionTopic: the great depressionQuestion: How did the great depression affect americans?Thesis statement:The great depression affected americans because it destroyed their economy. Millions of families lost theirs savings as many banks collapsed in the 1930’s.The Great Depression was the worst economic drop of all times in the industrial world1. The Great Depression began because of a stock market crash in 1929 and came to end ten years later in 1939, around 15 million americans were unemployed and about half of the American banks failed. It was one of the darkest era in the United States.When the stock market underwent rapid expansion, the production had been declined and unemployment had risen, leaving the stock prices higher
There were overbuilt railroads and companies had outgrown their markets, farms and businesses borrowed heavily for the expansion (P. 467). The panic also spread to Wall Street, where the prices of stocks fell rapidly. Investments were declined, and all consumer purchases, wages, and prices fell. The Panic of 1893 deepened into depression (P. 468). The depression led people to reconsider the roles of the government, the economy, and as well with society.
However, the economy suffered a significant downfall that devastated the lives of countless people. Overall, the cultural trends and economic situations experienced in the United States essentially affected American identity by resulting in a diversified nation. American and national identity was influenced in the twentieth century through various movements. The Harlem Renaissance greatly shaped the role of blacks in America. Following World War I, an explosion of creative minds in blacks celebrated their culture and pride.
Its social and cultural effects were no less astounding, especially in the United States, where the Great Depression represented the harshest adversity faced by Americans since the Civil War. The Great Depression is often called a “defining moment” in the twentieth-century history of the United States. Economic historians usually point the start of the Great Depression to the sudden devastating collapse of US stock market prices on October 29, 1929, known as Black Tuesday. Some dispute this conclusion, and see the stock crash as a symptom, rather than a cause of the Great Depression. It was an ordinary recession in the summer of 1929, when the Great Depression began in the United States.
1931 was perhaps the hardest years of depression. The unique convergence gence of personalities and institutions responsible for a luminous decade of African American creative expression centered in New York was quickly unraveling. "The Depression, Arna Bontemps, recalled, "brought instant havoc to the Harlem Renaissance of the twenties .The Depression had devastated the South Side and made a distant, painful memory of the employment boom that had fueled the Great Migration. "Last hired, first fired," black workers suffered the ravages of joblessness sooner and longer than whites. Sounds like death of someone well known and people crying of sorrow and sadness the quote “But they raise no cry” this quote showing that they had a lot of hope
The Great Depression was triggered by a collapse in U.S share prices in 1929, after a decade-long economic prosperity. Even though this event’s main cause was in the U.S, the effects were felt all over the world. In Germany, the depression caused a great number of businesses to close, mass unemployment and caused public dissatisfaction towards the Weimar Republic, which then led to a dramatic increase in popularity for the extreme left and right wing parties. However, even though the Great Depression was a significant event on German history, this event is still one of many. The War guilt clause, article 231 states that Germany had to pay a sum of ￡6.6 billion as war reparations, Weimar Germany was allowed to pay in the form of raw materials as opposed to actual money.
Another result of the end of the war was the Depression of 1873, which raised the unemployment rate to 15% and created greater tensions among the working class in the United States. The economically flourishing South transformed into an economically struggling area, while the North suffered as a result of the collapse of the banks. The Civil War and Reconstruction brought about many economic struggles to the United States and transformed the status of the South. The Civil War indisputably transformed the United States politically, socially, and economically. The 13th, 14th, and 15th Amendments sparked most of these changes in addition to the reunification of the Confederate states.
The worldwide economic downturn known as The Great Depression took the world by storm. It was during this dilemma that every group of americans were immensely affected. None were affected as much as African Americans and racial status. It was this depression that made the already problematic lives of the African Americans even more challenging. Factors which which influenced racial issues against blacks in the early 1920’s through 1930’s were the Second Ku Klux Klan, Jim Crow Laws, the fight for jobs, and the racial riots/lynchings that followed.
With everything that affected the United States during prohibition, it is because of the increase in crime, weak enforcement, lack of respect for the law, and economic suffrage that the 18th amendment was repealed. To begin, crime was at a high during this event in history. For example, between 1919 and 1933 the homicide rate was 7-10 americans per 100,000 (document B). The homicide rates were increasing during prohibition. In the time of WWII homicide rates dropped but were still at 6 americans per 100,000 (document B).
As America’s economic surge was reaching its peak in the 1920s an impending downfall came about. The financial “bubble” popped and on October 29, 1929 the ever so strong stock market crashed, known now as “Black Tuesday”. This created a domino effect that toppled over many other strongly depended on economic infrastructures resulting in the largest national financial crisis ever. At the time, Republican President Hoover implemented his “laissez faire” governing policies which did some good work but not near good enough to bring the country out of this hole. On the other hand, Democratic President Franklin D. Roosevelt insisted on a more “hands on” approach from the governing body, he claimed that this was a federal dilemma and that federal