The Great Depression of the 1930创s
In the 1930?s, the United States lived a terrible economic period. But, before the Stock Market Crash, of 1929 the USA lived the best economic period. This was a prosperous period with many economics? advances. But, everyone felt ?Black Friday?, during October with the Crash of 1929, which started a crisis not only in the United States, but also around the world. The reason that this occur was that the United States had stopped exportation and this affected some countries good relations with the USA. Capitalisms, along with the political system that the USA possessed, as a big powerful nation of the world, decayed. Unemployment went up considerably 11% around the world. In the United States the total number of people without work was at four millions in 1930, then in 1931 eight million and 12 million in 1932 . There was not enough work for all the people. The exportation?s market reduced because the lack of money. During the 1920磗 the credits were one of the best innovations in the USA, but they had to be suspended. The 60% off all cars and 80% off all radios were bought with credits. In 1925 the amount of credit was from 1.38 billon dollars and in 1929 this
The contents of these codes of law were to increase the salaries, establish same prizes for the production and limit the production. The government wanted to continue with the same prizes that the Dollar obtained before the war. In the book ?Of Mice and Men? written by John Steinbeck, we could compare this situation with that of ?The Great Depression?. CONCLUSIONFinally the United States recovered from it, left its mask and taught the country. The 12 million people without work on 1932 converted of 5 millions. The New Deal continued being questioned for some politics that said that the USA could not practice a capitalism liberalism economy reform to overcome the economic crisis. President on Hand The USA碨 government managed by the president Hoover tried to make some reforms but the situation got worst. The results would not be immediate but the economy would start to function. The other reform was in the industry. With this reform Roosevelt wanted to balance the industrial?s system through some codes of law. All of these intents to reestablish the economy were called ?New Deal? Government Plans The New Deal proposed some new reforms that would alleviate a little the economics? situation. All these protests conduced to the disappearance of the New Deal but fortunately the economic gave yet sign of recovery.
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