Overview of The Great Depression

With the depot of area War I, the unify States entered a time of successfulness; it was the 1920s, and the preservation was booming. Millions of people enjoyed the monetary upswing, taking full gain of the rising specie they presently possessed. But as the Exiting the halcyon Twenties, the world was struck by the wide notion. The great(p) Depression was the greatest downfall of the American economy in register. subsequently one of the most light decades, the get together States was thrown into an radical economic slump. People struggled to pose from life in the twenties to life in the ample Depression as the ii decades were polar reverses. Along with the backlash, the c up to(p) market crash and fix failures threw the country into a new era of suffering and poverty. The Great Depression created a sweet sand verbena effect as it gained more than power and caused destruction as it went on. As it continued, it harmed American lives and the economy.\nThe hardes t disperse of the Depression was entering it. During the 1920s, the fall in States enjoyed prosperity and luxury. With the end of World War I, many feared a nation in ruins and no job market. However, the exact opposite happened. Those returning from the war were able to get jobs fairly quickly, and the economy was booming as a time deemed as The hell dust Twenties . According to American History, The 1920s brought a view of freedom and independence to millions of Americans\n(http://www.manythings.org/voa/history/168.html). The United States was swimming in prosperity as a nation emerging from a war on permanent and strong feet. Many perspective this prosperity would go on forever. No nation had more abundant natural resources than the United States (Boardman 21).\nThe wage market was incredible, and yearly salaries had increased significantly. However, this ended with the Great Depression. Wages dropped significantly, the value of money decreased, and the demand for goo ds declined as well. Those who suffered mo...