How did the economic conditions of the United States of America in the .
nineteen twenties enable underworld figures such as Al Capone to .
prosper?.
Al Capone became one of the world's most infamous underworld .
figures in creating a gangster legacy in Chicago in the nineteen twenties. He .
was able to accomplish this partly through his ruthless yet respectful .
methods of conducting business. However, his rise was also enabled as a .
result of the economic crisis in America at the time, and the opportunities .
that then arose. In this essay we will discuss the causes of how this crisis .
came about and the effect that it had on the people of the United States. .
We will then look at Al Capone and his career and how he manipulated the .
situation in order to reap the benefits.
The Great Depression.
"The Great Depression was the worst economic slump ever in U.S. .
history, and one that spread to virtually the entire industrialised world. The .
depression began in late 1929 and lasted for about a decade, and was the .
result of a number of factors. The main cause for the Great Depression was .
the combination of the enormously unequal distribution of wealth throughout .
the 1920's, and the extensive stock market speculation that took place .
during the latter part of the decade. The misdistribution of wealth in the .
1920's existed on many levels. Money was distributed disproportionately .
between the rich and the middle-class, between industry and agriculture .
within the United States, and between the U.S. and Europe. This imbalance .
of wealth created an unstable economy. The excessive speculation in the .
late 1920's kept the stock market artificially high, but eventually led to .
large market crashes. These market crashes, combined with the .
misdistribution of wealth, caused the American economy to collapse." (1).
As the author above states, the large and growing segregation of .
wealth between the rich and the middle-income citizens made the U.