The presentation of the Declaration of Independence. After the French and Indian War, the colonists began to think that they were not getting their "rights as freeborn Englishman".
For more information, please see the full notice. The Great Depression and U. As it lingered through the decade, it influenced U. The initial factor was the First World War, which upset international balances of power and caused a dramatic shock to the global financial system.
The gold standard, which had long served as the basis for national currencies and their exchange rates, had to be temporarily suspended in order to recover from the costs of the Great War, but the United States, European nations, and Japan put forth great effort to reestablish it by the end of the decade.
However, this introduced inflexibility into domestic and international financial markets, which meant that they were less able to deal with additional shocks when they came in the late s and early s.
Dedication to the gold standard in each of these nations and Japan, which only managed to return to it inonly made the problem worse and hastened the slide into what is now known as the Great Depression.
The International Depression The key factor in turning national economic difficulties into worldwide Depression seems to have been a lack of international coordination as most governments and financial institutions turned inwards. Great Britain, which had long underwritten the global financial system and had led the return to the gold standard, was unable to play its former role and became the first to drop off the standard in The United States, preoccupied with its own economic difficulties, did not step in to replace Great Britain as the creditor of last resort and dropped off the gold standard in As a result, the Depression dragged on through the rest of the s.
Isolationism post-World War I isolationism. A series of international incidents occurred during the s—the Japanese seizure of northeast China inthe Italian invasion of Ethiopia inand German expansionism in Central and Eastern Europe—but the United States did not take any major action in response or opposition.
When these and other incidents occurred, the United States Government issued statements of disapproval but took limited action beyond that. On a more positive note, isolationism manifested in Latin America in the form of the Good Neighbor Policy of Presidents Herbert Hoover and Franklin Roosevelt, under which the United States reduced its military presence in the region and improved relations between itself and its neighbors to the south.
Presidents Hoover and Roosevelt were to an extent constrained by public opinion, which demanded that primary attention be given to domestic problems. The Hoover and Roosevelt Administrations concentrated upon rebuilding the U. President Herbert Hoover Rise of Fascism As the United States turned inwards to deal with the lingering effects of the Depression, militaristic regimes came to power in Germany, Italy, and Japan promising economic relief and national expansion.
While they achieved some measure of success on the economic front, these regimes began to push their territorial ambitions and received minimal opposition from the rest of the world.
The lack of a strong U. At the time, most U. After the fall of France in Junethe United States increasingly committed itself to the fight against fascism.
Ironically, it was World War II, which had arisen in part out of the Great Depression, that finally pulled the United States out of its decade-long economic crisis.
The Great Depression caused the United States Government to pull back from major international involvement during the s, but in the long run it contributed to the emergence of the United States as a world leader thereafter. The perception that the turn inwards had in some part contributed to perpetuating the horrors of World War II caused U.Social Realism became an important art movement during the Great Depression in the United States in the s.
Social realism generally portrayed imagery with socio-political meaning.
Social realism generally portrayed imagery with socio-political meaning. In the United States in the early s, a new stage appeared with different movements in the areas of politics, economics, society, culture, and foreign policy. By the events that led to the s, new crazes had developed in many of these areas, while other areas remained in continuity.
- The 's Jazz clubs and bobbed hair, isolation and revolution, all of these were things that, in one way or another, made the s roar. The twenties were a time of economic and social growth for many Americans, but it was also a time of great hardship for many.
The United States Turns Inward: the s and s After its participation in the conflagration then known as the Great War, the American nation was ready to turn inward and concentrate on domestic affairs (a "return to normalcy," as presidential candidate Warren Harding called it).
s Important News and Events, Key Technology Fashion and Popular Culture Francis Scott Key's "Star Spangled Banner" is officially named the United States' national anthem. Empire State Building is completed. The Second Spanish Republic is created.
What Happened in History. Childrens Toys From The 's. As compared to the s focus on advancement and prosperity, survival became the keyword in the s. [Bernstein, ] Economy and politics are often interlinked and as may be seen, the U.S.
economic scenario in the s was potentially changed by political interventions.