Overview of The Great Depression

With the give notice of universe War I, the fall in States entered a time of successfulness; it was the 1920s, and the rescue was booming. Millions of people enjoyed the fiscal upswing, taking full reward of the immature silver they this instant possessed. But as the Exiting the gravy Twenties, the world was struck by the gravid slump. The large Depression was the greatest downfall of the American economy in autobiography. after one of the most well-to-do decades, the unite States was thrown into an radical economic slump. People struggled to typeset from life in the twenties to life in the large Depression as the both decades were polar resistances. Along with the backlash, the im relegate market crash and trust failures threw the country into a new era of suffering and poverty. The Great Depression created a snowball effect as it gained much power and caused destruction as it went on. As it continued, it harmed American lives and the economy.\nThe hardest par t of the Depression was entering it. During the 1920s, the coupled 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 fitting to get jobs fairly quickly, and the economy was booming as a time deemed as The smack Twenties . According to American History, The 1920s brought a smack 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 changeless and strong feet. Many scene 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 annual salaries had increased significantly. However, this ended with the Great Depression. Wages dropped significantly, the value of money decreased, and the demand for goods declined as well. Those who suffered mo...