Essays on The Depression

The Depression Depression of the thirties Depression of the thirty-something The frugal depression that beset the United States and other countries in the 1930s was unique in its magnitude and its consequences. At the depth of the depression, in 1933, one American worker in every foursome was out of a job. In other countries unemployment ranged between 15 percent and 25 percent of the labor force. The great industrial slump continued throughout the 1930s, shaking the foundations of Western capitalist economy and the society based upon it.

The roaring twenties was an era when our countrified prospered tremendously. The nations total realized income rose from $74.3 billion in 1923 to $89 billion in 1929. However, the rewards of the Coolidge Prosperity of the 1920s were not shared equally among all Americans. According to a study done by the Brookings Institute, in 1929 the top 0.1% of Americans had a combined income equal to the crumb 42%. That sa...If you want to get a full essay, mold it on our website: OrderCustomPaper.com

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