The Great Depression #132

After the first World War, the United States of America was bullish on recovery efforts. The roaring 20s spurt economic growth and societal expansion on an unprecedented level. However, by the 1930s, the central banks had spread themselves too thin and rapidly ran out of capital. Coupled with an atomic stock market collapse, the United States of America dove into the darkest economic period in its history, the Great Depression. For over a decade, unemployment was well over 15% and peaked at 1 in 4 individuals being out of work. The lack of available work and food shortages crippled communities and led to massive lines at food banks and reliance upon social safety nets. It wouldn't be until W...View all