Tag Archives: great depression

Booms and Busts


As the first world war comes to a close, the nations of the world have a variety of issues and conflicts to confront. Social unrest becomes the new norm in much of war-torn Europe while the United States is able to avoid most of the complications of the post-war years. Revolution dramatically alters Europe as two global superpowers emerge. As most Americans experience the frantic pace of change of the “roaring twenties,” others find it difficult just to get by. America’s post-war prosperity is unfortunately not able to last.


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