Freedom from Fear: The American people in the Great Depression. Part one

ISBN-10
0197711286
ISBN-13
9780197711286
Series
Freedom from Fear
Category
Depressions
Language
English
Published
2023
Author
David M. Kennedy

Description

On October 24, 1929, America met the greatest economic devastation it had ever known. In this first instalment of his Pulitzer Prize-winning Freedom from Fear, Kennedy tells how America endured, and eventually prevailed, in the face of that unprecedented calamity. Kennedy vividly demonstrates that the economic crisis of the 1930s was more than a reaction to the excesses of the 1920s. For more than a century before the Crash, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, consuming capital and inflicting misery on city and countryside alike. Nor was the alleged prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans eked out threadbare lives on the margins of national life. Roosevelt's New Deal wrenched opportunity from the trauma of the 1930s and created a lasting legacy of economic and social reform.

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