Unequal distribution of wealth led to the Great Depression. Her class is about 75 minutes. Weve spent the last few weeks considering how americans adapted to abundance between the 1890s and 1920s. Despite the efforts of producers, advertisers, of retailers and of others, the supply of goods continue to outstrip demand. This wasnt because all everyone, all 106 million americans, had everything they needed. It was because they didnt have adequate purchasing power. They didnt have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in this situation, but so too were our trading partners around the world. They didnt have enough income to buy all of the commodities we were producing in our fields and all of the wonderful things that we are our factories were making. So by the end of the 1920s, the American Economy went bust. You guys all know this. You all know that the stock get crashed in 1929. The World Economy went bust as well. A worldwide economic d
Stuff. And it wasnt just americans who were in the situation but so too were our trading partners around the world. They didnt have enough income to buy all the commodities we were producing in our fields and all the wonderful things our factories were making. So by the end of the 1920s the American Economy went bust. You all know the stock market crashed in 1929 and the World Economy went bust as well, a worldwide economic depression set in that lasted between 1929 and wasnt officially over until 1942. What was called the Great Depression could be considered a crisis of abundance. It brought attention to purchasing power and in doing so it ended up politicizing consumption. We talked a lot about how consumer culture rose to be at the very center of american culture. And i keep telling you we need to consider politics, and today is the day we will think about how consumption became plit politicized. So heres a graphic that typifies the usual story that historians tell about the Great D
Hindered American Consumers from keeping up with the high levels of american productivity. Her class is about 75 minutes. Its been the last few weeks considering how americans adapted to abundance, between the 1890s and the 1920s. Despite their efforts of producers, advertisers and retailers and of others, the supply of goods continue to outstrip demand. This was not because everyone all hundred 6 million americans had everything they needed. It was because they didnt have adequate purchasing power. They dont have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in the situation. But so to our trading partners around the world. They dont have enough income to buy all of the commodities we were producing in our fields and all the wonderful things are factories were making. So by the end of the 1920s, the American Economy went bust. You will know this. You all know the stock market crashed in 1929. And the World Economy went bust as well. Worldwide
United play as a violence prevention and use Development Group based in soma lives by each day. And over the last 2 weeks. They focus their efforts on delivering supplies to communities that have been hit hard by the coronavirus we feel that we love giving back to the community were trying to bring everybody getting keep everybody safe it follows ferguson is a volunteer at united plans on monday they handed out Hand Sanitizer and face masks to those in the bayview Hunters Point area of the city. The group joined by San Francisco supervisor matt haney also distributed supplies to the tenor line when we get the gear to hand and face masks and attend a lawn on it or not governor rock yesterday look 1000 people showed up in a town one area. Receiving senate adding base pets. In a tweet on monday supervisor haney again address the needs of his district and others that are underserved in the city. A new map of covid19 cases by zip code shows those testing positive are more likely to be peopl
News. New attend President Trump says he will sign an executive order to temporarily suspend immigration to the United States. He tweeted tonight, he would sign the order quote in light of the attacks from the invisible enemy, as well as the need to protect the jobs of Great American citizens. Thanks for joining us on this monday night time can way and im pam moore, the tweet comes after the president addressed more criticism of his response to the pandemic it has been 3 months since the United States confirmed its first case of the coronavirus but some governors say they still do not have the resources they need to safely get business going again. Erica hill reports from washington dc. As states and cities look for a path forward testing is at the top of their list. The question is. Fast can you increase in. Test. More test. It is the acts of them or has better as a Nursing Homes and schools as teachers past. Prison facilities, what you need divine in the past. The president invoking