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How America Suffered in The Recession Of the 1930’s
Unemployment, hunger and food shortages affected millions during the Great Depression
Between the autumn of 1931 and the following spring, the casualty lists of the Great Depression grew like those of the First World War. More that 10 million people were unemployed but only a quarter of them were receiving any relief from the government or [...]
The New Deal: Ending The Great Depression
Roosevelt’s Plan To Rebuild America
The key to challenging the Great Depression in the United States was restoring confidence. When he accepted the Democratic presidential nomination, Franklin D. Roosevelt declared,
“I pledge you, I pledge myself, to a New Deal for the American people”
The phrase New Deal caught on and came to symbolize the sweeping legislation that [...]
The Great Depression: Prohibition and Crime
Crime And Booze During The Great Depression
During the Depression, at a time when many Americans might have wanted to drown their sorrows in drink, alcohol was banned in the United States. Prohibition was hailed as a great experiment at the time , but in fact it was a disaster. Millions of Americans became criminals simply [...]
Bush: Tough times ahead , but no recession.
Bush: Tough times ahead , but no recession.
The President once again denied that America is facing an economic recession. In an interview with Susie Gharib of PBS Nightly Business Report he admitted:”We’re in a tough patch, having a tough time, it’s bad - times are rough…” were some of the words used by Bush although [...]