America in the Thirties

America in the Thirties

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As the newest addition to the America in the Twentieth Century series, this book explores the complexity of America in what is considered its darkest era of thecentury. The decade stood in stark contrast to the carefree, happy-go-lucky days of the Roaring Twenties when prosperity appeared endless. The Stock Market Crash in October 1929 and the economic collapse it unleashed threatened the very foundations of America's economic, political, and social institutions. The ecological disaster produced by the Dust Bowl ravaging the Great Plains only added to the suffering and misery. Yet the decade was not just one mired in complete disorder. The 1930s were also a vibrant period of innovation, transformation, and in some cases, even optimism. Politics, beginning with Herbert Hoover and continuing with Franklin Roosevelt, underwent a fundamental transformation, ushering in an activist state and firmly establishing the idea that through prudent federal policies, it was possible not only to orchestrate an economic recovery but also to prevent future economic downturns.Workers, African Americans, ethnic Americans, and women responded tothe era's challenges through their newfound political voice in Roosevelt's New Deal and through the institutions and communities they created to alleviate their suffering. Culturally, the 1930s also proved to be a boon to America, ushering in the Golden Age of Hollywood as millions of Americans looked to movies as a momentary refuge from their daily plight. For all the hardship and despair of the 1930s, there was also a vitality that defined the decade.When clients could not cover their debt, brokers started unleashing enormous amounts of stocks onto the market, only adding to the chaos. Trading ... Black Tuesday signaled the start of the Great Depression, a prolonged economic crisis that crippled the nation. ... However, the crash did not cause the Depression so much as it exposed structural problems rooted in the so-called prosperity of the 1920s.

Title:America in the Thirties
Author: Marnie M Sullivan, John Olszowka, Brian R Sheridan, Dennis Hickey
Publisher:Syracuse University Press - 2014-10-03

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