The Great Depression exposed economic inequalities from "summary" of A People's History of the United States by Howard Zinn
During the 1930s, the economic downturn known as the Great Depression laid bare the stark realities of economic inequality in the United States. As the stock market crashed and businesses shuttered, millions of Americans found themselves without work, without homes, without hope. The wealthy few who had profited immensely during the Roaring Twenties were largely insulated from the worst effects of the crisis, while the working class and the poor bore the brunt of the suffering. Prior to the Depression, the gap between the rich and the poor had been widening steadily, with the wealthy accruing more and more wealth at the expense of the less fortunate. The economic collapse of the 1930s only served to exacerbate these disparities, as those at the bottom of the economic ladder were pushed even further into poverty while the wealthy managed to maintain their privilege and status. The myth of the American Dream, that anyone could achieve success through hard work and perseverance, was shattered for many as they saw their dreams dashed by circumstan...Similar Posts
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