By The End Of The Twenties, The Economic Prosperity And

By the end of the twenties, the economic prosperity and development of the culture of mass consumption were replaced by the worst economic crisis in American history. The Great Depression, which began in the US, brought massive unemployment and decline in a production. After the unsuccessful attempt by Herbert Hoover to bring the country s economy out of the crisis, the newly elected president, Franklin Delano Roosevelt, encouraged by optimism, began to legislate an improvised series of reforms and relief measures that were united by goals of relief, reform, and recovery. These reforms came to be called the New Deal. The New Deal had a significant effect on the United States’ economy, society, and political culture. However, not all†¦show more content†¦The Agricultural Adjustment Administration (AAA), which was a part of the First New Deal, caused this effect. The influence of it expressed in the following: the Agricultural Adjustment Administration raised total fa rm income, established parity prices based on the prices of prosperous years for basic farm commodities, and subsidized farmers for reducing acreage or otherwise cutting production where surpluses existed. However, the effect of AAA did not last long. In early 1936, ruling in Butler v. the United States, the Court invalidated the AAA, declaring it an unconstitutional attempt at regulating agriculture. The New Deal also had a set of long-term effects. They were mostly based on the social changes and not on the reforming the economy or challenging the tenet of Capitalism. Moreover, the programs that caused those effects were fundamentally criticized because of their socialistic directions. The pension program of the Social Security Act had a long-term effect of security for the most vulnerable groups within the society. The act offered workers age 65 or older monthly stipends based on previous earnings; in addition, it provided assistance to blind and handicapped Americans and dependent children who did not have a wage-earning parent. Another part of the long-term security effect provided by the Social Security Act were the security jobs on the labor market,Show MoreRelatedWorld War I And The Great War1196 Words   |  5 Pagesbloodiest wars of all time. It was a war sparked by militarism, alliance, imperialism, and nationalism. However it’s affliction laid the groundwork for post war prosperity. Nearly all social classes felt its benefits. Workers rights improved, taxes were lowered, technology advanced, and industry boomed. The war was brutal and the roaring twenties were a chance for the United States to put the past behind and enjoy the fruits of a new culture and a thriving economy. 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