1. Great Depression
Since America had continually been increasing it's industrial power, it had an enormous amount of capitol to invest as it saw fit. ... Even industrial workers, whose strikes for higher pay had availed them little in previous decades, benefited. From 1922-1929, the national income was up 40% from $60.7 billion to $87.2 billion, (Cronon 341). ... The depression was the worst in the history of the United States and proved to be a terrible price to pay for the false sense of prosperity and national well -being of the roaring Twenties. ... When Germany refused to pay all that was demanded, Fra...
- Word Count: 2446
- Approx Pages: 10
- Grade Level: High School