The Impact Of Racism In The 1920s And 1930s

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In addition to Racism being one of the few attributes to the outside influences throughout the novel, economic crisis and the 1st and 2nd New Deal play a big part in it as well. In the 1920s and 1930s, new machinery became available. Many automobiles and airplanes introduce the 1920s and 1930s into a new era. Upon the arrival of such machinery people would oftentimes not have the money to purchase machines or appliances right then and there; the demand for products caused the banks to allow credit. Credit made it possible for people to buy now and pay later. People during the 1920s and 1930s would oftentimes invest their money into the stock markets and allow their money to increase (The 1930s: Lifestyles and social trends: Overview). However, when the stock market crashed on October 29 in 1929, the banks lost every bit of the money the people invested into it. There were 9,000 banks that were reported to close and approximately $2.5 billion deposits lost. Not only did the banks lose everyone’s deposits but natural disasters such as droughts and dust storms hit the plain states in America as well (The 1930s). Between 1929 and 1932 the National Income was cut in half, which in turn led to the working class to have to lay off all of their employees. Companies all across america laid off nearly one-fourth of their employees. Most of the families that lived off of the steel, agricultural, and unions all suffered (The 1930s: Lifestyles and social trends: Overview). After the
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