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Chemistry LibreTexts

The Great Depression Reading

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    187158
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    "The business of America is business."

    - President Calvin Coolidge

    After the Great War, the United States had better times in the 1920s. However, the Roaring 20's eventually gave rise to The Great Depression. A depression is a decline in an economy.  Unemployment rates go up, prices fall, and business activity comes to a halt.

    The Great Depression was a time of a majorly depressed United States economy. The Great Depression that started from the stock market crash in 1929 was the biggest in United States history.

    The attached reading is a brief summary of this time in American history:

    Go to the next page to continue learning about the Great Depression.