The 1920’s in America The 1920’s was a very prosperous period for many Americans. Food production increased 64 percent, worker productivity increased by 40 percent, electricity sales doubled, fuel consumption more than doubled, and pay was increased for many industrial workers (Davidson, 2008). With the soaring economy and new items hitting the shelves all the time, American consumers were living the high life. Even if you wanted something and did not have the money you could simply get it on credit and pay for it later.
The Great Depression is an event in our nation's history that dramatically changed the lives of America’s people in the 1930s and beyond. After a decade of excess, prosperity and happiness, the Depression threw our nation into a spiraling decline, the likes of which we had never seen. Hints of these difficult times have been experienced again more recently as our country battled through the Great Recession. A number of similarities and differences between the Depression of the 1930s and the Recession of the late 2000s decade are noteworthy.
Pindar, Ian. "The Forgotten Man: A New History of the Great Depression by Amity Shlaes." The Guardian, August 9, 2009.
Encyclopedia of the Great Depression. Ed. Robert S. McEluaine. Vol. 2. New York: Macmillian Reference USA, 2004. 870 – 872. Gale Virtual Reference Library. Web. 27 Mar. 2011
“The Great Depression”’ is the worst economic period in the history of the United States. The Great Depression, which lasted from the late 1920’s till the early 1940’s, is known as the longest recession in history. It was widely spread amongst the nation and affected both the rich and the poor. The largest factors that determine the success of a country is how the government deal’s with the country in times of need. "The Great Depression was a time of profound social and economic change."
The Great Depression of the 1930s is a period in history that will never be forgotten all around the world. It is described as the worst economic slump ever to have an effect on the United States, and as a result the rest of the industrialized world. The Depression brought with it a number of consequences for instance a huge decline in the standards of living of the working class, the disintegration of numerous nations' economies and mass political disturbance and division.
Folsom, Burton. "Which Strategy Really Ended the Great Depression?" : The Freeman : Foundation for Economic Education. N.p., 24 Aug. 2011. Web. 12 May 2014.
The Great Depression America 1929-1941 by Robert S. McElvaine covers many topics of American history during the "Great Depression" through 1941. The topic that I have selected to compare to the text of American, Past and Present, written by Robert A. Divine, T.H. Breen, George M. Frederickson and R. Hal Williams, is Herbert Hoover, the thirty-first president of the United States and America's president during the horrible "Great Depression".