HIST 111 Lecture Notes - Lecture 15: Reconstruction Finance Corporation, Bonus Army, Woody Guthrie
Document Summary
The us was at a crossroads when, in the 1920s, other countries began to grow farmed g wheat) First side of a global weakness in the economy of over production and under consumpti. Prices of many of these goods were dropped in order to try to accommodate for the ov. No one saw the crash in 1929 coming. October 29, 1929 was the worst day; that night, billions of dollars had disappeared in v evaporated, etc. The stock market itself did not cause the crash, but was rather an indicator that was me and would foreshadow future financial instability and uncertainty; eventually effected th. Everything built in the 1920s was hollowed; more buildings than americans would need generation; they were over-prepared and would take far too long before anyone would buildings and other areas set into place. 34,000,000 members of families who had no primary (or any) breadwinners.