Boom to Bust Andrea Zammarieh

Economy

The New Deal, created by Franklin D. Roosevelt in 1933 was a very big change in the nation. It provided relief, promoted economic recovery, and created a reform system to prevent future depressions.
1920s- Stock market boomed and was quite high until the 1930s hit, causing everything to crash.
Unemployment rate hit 25% in the 1930s, as 16 million Americans were unemployed. After the crash, many businesses closed. Due to this, thousands of workers lost their jobs. Those lucky enough to have jobs got cutback in hour and pay.

Home Life

In the 1920s, women won their equal rights. They gained more job opportunities along with more respect from their fellow citizens.
Elanor Roosevelt was the first lady of the United States in 1933-1945 and was a very dominate symbol of the public, spiriting womanhood and African Americans. She was a role model for all, for she changed and brought the nation together as a whole.
In the 1920s, African Americans, though still greatly discriminated, gained more respect. They brought culture to the nation, such as music (jazz), poetry/literature, etc. This was exposure to culture is known as the Harlem Renaissance.
African Americans in the 1930s received less financial aid than whites. They suffered unemployment 2/3x greater than whites.
1930s- Soup kitchens was a place where food was offered to the hungry whom did not have a job or the money to pay for their own food.

Leisure Time

In the 1920s, women gained more confidence and became more scandalous in the way that they dressed and acted. Many liked to party, drink, and all around enjoy life. These women were known as "Flappers."
Women in the 1930s had to work along with their husbands to earn enough money for money, clothes, etc. Many had to sew their own clothes for they could not afford to go to the market and pay for them.
Stockbrokers in the 1920s lived in excessive luxury. They tended to go to many sporting events at the time. Many made millions of dollars.
After the crash in 1930, stockbrokers lost all their wealth, for they were no longer able to collect on any debts. Many went into deep bankruptcy.

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