U S Between 1890 1920 Essay Sample

U S Between 1890 1920 Essay Sample

… of the large corporation instead that doomed American society and destroyed democracy.”

In the years prior to Theodore Roosevelt’s presidency, two of the greatest social/political problems facing America were based on the continuing warfare between the poor and wealthy classes and the expansion of “Manifest Destiny” in foreign lands. Domestically, the country was burdened by a financial panic in the 1890’s which complicated the lives of the urban poor and made the wealthy even more prosperous. In the cities, people demanded democratic change in many areas, such as the twelve hour work day, the dangerous conditions in …

… , the main cause centered around the unequal distribution of wealth and the speculations in the stock market. Once again, American corporations came out on top, due to the disparities between the rich and the middle classes. The stock market crash, a result of excessive stock speculations in the late 1920’s, created a very unstable economy yet at the same time helped to foster the growing monopolies in American industries.
The Great Depression continued well into the 1930’s, but with the election of Franklin Delano Roosevelt in 1931, the economy began to turn upwards and the working man …

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