Industrial Revolution

Depression

Economic Crisis

America started off with the Industrial Revolution that changed many people’s lives. it brought people from the cotton fields to factories and turned America into an industrial society.  Americans started the marketing system and stock markets. People consumed more and credits were invented. People enjoyed these years of spending and getting things they wanted and not just needed. But people overused credits and the markets crashed, this was when the Great Depression kicked in. Everyone panicked and did not have money to feed their families. Times were terrifying. They thought the economic was just going to increase and did not see the fall. President FDR’s New Deal that helped the Great Depression. Economic started rising steadily until it reached the height once again in 2008 which was caused mostly with the house mortgages. We are still on the road of helping our economy and we hope it works out well.