The Economic History of the United States: A Century of Change
Economy of the United States over the past century has been marked by significant milestones that have shaped its current landscape. From the prosperity of the Roaring Twenties and the devastating onset of the Great Depression to the technological advancements and globalization of the late 20th century, each era has brought forth distinct challenges and achievements. This article delves into five critical moments: the economic thrills and tribulations of the 1920s and 1930s, the booming post-war economy, the crisis of the 1970s, the rise of technology and globalization, and the repercussions of the 2008 financial crisis. Through these lenses, we can better understand the complexities of the American economy and its ongoing evolution. The Roaring Twenties and the Great Depression The Roaring Twenties, often characterized by economic prosperity, cultural flourishing, and social change, set a vibrant backdrop to the history of the United States in the 20th century. Follow...
