During the time of The Great Depression it was no one to blame. There was so much truth to this generalization but the reality of it all was much more complicated. This was the era were women’s movement came about and the progressives sought out to spread many ideas throughout the world with the best intentions in mind. The Americans economy could have really used a reboost during this time. None of the Presidents had no clues of how to fix the things that was at stake.
The Women’s Right Movement and the Stock Market Crash. The women right movement was started to show that women were indeed part of nation move to reform our country. Women right to vote was the most important issue. Women no longer stayed home they worked and was being educated as well as involved in politics. Between 1890 and 1913 two groups were founded to highlight women suffrage push for reform which included women right to vote. They achieved the right to vote in 1920. Issues such as ‘’equal pay’’ the glass ceiling and political involvement are still being fought for. The Stock Market Crash internal weakness in the American economy and European economy. The major event took place during 1929 to 1933 there were over 9,000 banks closed and business investments were down to half.
World War II the U.S. moved from being a neutral party to being a world super power. Economically the gross product doubled, wages increased inflation stayed World War II had America it moved the United States from being neutral to being low. Just as the world war II transformed the world it also transformed the United States role in world affairs. It was seen as an energizing event in American history rather than a destructive one. In 1943 Allied leaders faced the question of how to translate these initial successes into a strategy for winning the war. Roosevelt and Churchill avoiding a direct assault on France or Germany agreed to invade. They were making progress on other fronts too. The United States had launched its first offensive in the Pacific at Guadalcanal finally winning a foothold there.
Roosevelt prosecuted several companies for breaking the Sherman Antitrust Act of 1890 which was the federal governments first attempt to break up monopolies but which was not widely used until Roosevelt took office. He also developed and used the Hepburn Act of 1906 which limited prices that railroads could charge and allowed the federal government to monitor the financial books of the large railroads companies. In 1912 a dispute between Teddy Roosevelt and Taft over the issue of conservation led Roosevelt himself to form a third party the Progressive Party to win back the presidency from his successor. But in the end they lost to candidate Woodrow Wilson. Wilson platform message entitled “ The New Freedom” Wilson pledged to use government power to destroy big businesses and give smaller ones greater ability to compete. Wilson in 1914 assisted in passing the Clayton Antitrust Act which outlawed unfair practices among businesses.
The Spanish American War of 1898 transformed the United States into A major overseas power. This war was ignited by Spain’s harsh treatment of the Cuban independence movement. To found a great empire for the sole purposed of raising up people of customers may at first sight appear a project for only a nation of shoe keepers. The Spanish War launched the United states on just such a path that of a modern nonaristocatic empire founded on state power but oriented towards commercial gain for well committed friends and associates.
1929 from boom to bust the lesson of the Great Depression are helping the nation deal with current recession and avoid another economic calamity.
REFERENCES
Schultz, 2012 HIS Volume II
Scholastic 2012 (The New York Times Upfront)
