Dylan Stone-Miller
1/22/07
The Fragile Economy of the 1920's and 30's

Post WWI and the Roaring Twenties

Prior to the roaring twenties the global economy was unstable. World War I had created fragile trading bonds between the U.S. and many countries, war reparations needed to be paid by the countries that lost the war, countries such as Germany and Great Britain were indebted to the United States, and, as we know well, wars cost money. The economy was weakened and the developments made in the 1920's didn't help to rebuild it.
The money that was earned during the twenties was poorly distributed with the top one percent of the population having about 32 percent of all the wealth. This meant that the rest of the population was extremely poor and had very little buying power. Approximately 70 million people out of the 105 million in America were classified as poor during the 1920's. The economy appeared to be booming but it was merely the rich getting richer and the poor......

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Title: The Fragile Economy Of The 20's And 30's
Approximate Word Count: 2266
Approximate Pages: 10 (250 words per double-spaced page)

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