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Post World War I


The use of labor saving machinery in factories and on farms enabled workers to produce more goods faster and cheaper. This led to higher amounts of production. At some points, the American consumer could not buy the goods as fast as they were produced. However, the high amounts of production did not mean farmers would become wealthy. The supply increased, however the demand was unchanged, hence prices were low. Farmers lost their homes and farms. In short, the farming industry did not gain an excessive amount of benefits from a so-called prosperous era. The Roaring Twenties was a fabulous decade outlined by a booming economy, and big business finding new ways to become bigger. New stores were popping up all over the nation and stores that were already around grew into chains, which stretched the length of the United States. However, all of these outstanding accomplishments occurred only to be overshadowed by the Stock Market Crash in 1929. The crash was the worst in the countries and blanketed its negative effects over the positive happenings of the previous decade. .
             Although a great economic boom spread throughout the United States, everything seemed too good to be true; it was. The United Sates faced the Great Depression. The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually the entire industrialized world. The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression. The main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade. The misdistribution of wealth in the 1920's existed on many levels. Money was distributed between the rich and the middle-class, between industry and agriculture within the United States, and between the U.


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