The Economic Crisis Of The United States

2110 WordsNov 20, 20149 Pages
The United States was coming out of the most severe economic turmoil of its history at the time World War II began in 1939. The federal government was already in debt to the tune of around 40 billion dollars, more than doubling in since 1930, largely due to federal spending in attempts to ease the economic crisis of the great depression. Americans were in no way ready, willing or financially capable of supporting another war against the Germans. The ideals of the average American at the time, much like during the beginning of World War I, was one of strict neutrality. The Great Depression reshaped the American demographic culture and pushed poverty through the roof. “People waited in bread lines in every city, hoping for something to eat. In 1931 alone more than 20,000 Americans committed suicide.” (Leuchtenburg, 1963). Mom and Pop shops stood no chance, but success was prominent for some big business. The average American still saw one movie each week, largely due to promotional showings, defining the theatre term “double feature.” Proctor and Gamble, known today for popular products such as Tide® laundry soap and Crest® toothpaste, used their own serial drama advertisement methods that would eventually bleed over to the film industry and coin the term “soap opera.” These stories, popular among housewives, helped drive Proctor and Gamble sales and led to international expansion, despite the Great Depression. (Proctor and Gamble, 2006). Many other companies producing

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