The_Great_Depression

The Great Depression The decade of the 1930s can be defined in two parts: The Great Depression, and the restoration of the American economy. America was shaken by Stock Market Crash of 1929. Franklin Delano Roosevelt stepped in with his New Deal in hopes of bringing the US into more prosperous times. He promised to fix the American economy, provide jobs, and help the needy. As America was restored, culture grew quickly. Dance clubs, new music styles, glamour girls, movies and sports were all popular forms of entertainment in the 1930s. American was in a process of healing its economic wounds. The stock market panic preceded an economic depression that not only spread over the United States but in the early 1930s became worldwide. In the United States, despite the optimistic statements of President Herbert Hoover and his secretary of the treasury, Andrew W. Mellon, that business was sound and that a new era of prosperity was just about to begin but by 1932 hundreds of banks had failed, hundreds of mills and factories had new, american, 30s, popular, ibid, depression, roosevelt, radio, over, louis, clubs, 1937, 1930s, two, fair, economic, during, deal, world, works, won, women, one, national, films, film, entertainment, became, york, three, superman, recovery, off, major, knockout