prosperous era and into a drastic, unwanted change. The Great Depression was one of the

most agonizing times for American society and economics. The Depression's effects were

devastating to both the people of society, and the U.S. economy. This social and

economical crisis can be analyzed starting with the period before the stock market Crash

of 1929, the years of the Great Depression itself, and with the attempts of a reform in

Franklin D. Roosevelt's New Deal. The Depression's effects will be examined as they tie

into the society, economics, and politics of American History.

Following World War I, the United States saw a rising standard of living in a

period known as the "Roaring 20's." Industry began to grow at a rapid pace, especially

after Calvin Coolidge took office in 1923 as successor to president Warren G. Harding.

Harding, a republican and laissez-faire capitalist, supported policies that reduced taxes,

permitted monopolies to form, and let the inequality of wealth and income reach

outrageous levels (Tanner). Coolidge continued this style of minute government

Unemployment was a huge setback as well. By 1932, unemployment reached 23.6

in his administration (Refresher). Also, Congress created the Reconstruction Finance

26!xrn_12_0_A54577281 [25 Sept, 1999].

percent and unemployment at 20.1 percent (Tanner). The economy continued to recover

in 1929, and was widdled down to about 37,000 by August of 1931 (Zinn 378). In early

Some common words found in the essay are:
City Fashionable, Motor Company, Federal Reserve, Infotrac Available, Tanner Panic, Jazz Age, United America, Firestone Goodyear, Security Act, Black October, sept 1999, 25 sept 1999, 25 sept, infotrac available, farm city, world war, zinn 378, stock market, percent unemployment, percent tanner, 24 sept, 24 sept 1999, national labor relations, farm city life, percent unemployment fell,
Approximate Word count = 2029
Approximate Pages = 8 (250 words per page double spaced)