82. What is one basic explanation for the Great Depression?

Next is Maria Jenkins
82. What is one basic explanation for the Great Depression?

Next is Maria Jenkins
The industry that became the most popular was the automobile industry because not only was it not taking the energy on an animal but it was cheaply made so it was more accessible to the people and not considered a rich man's car. Now, American manufacturers turned their focus away from production and turned it to consumtion.
Advertising became the focal pojnt of buying these industrial products with persuasion, ploy, and seduction. People became discontented with their original possessions and always clamored for more. In 1925, Bruce Barton published a best seller called The Man Nobody Knows which set forth a provocative thesis that Jesus was the greatest advertiser of all time and said that advertisers must study Jesus's parables and that he had twelve assistance that he picked up from the bottom of business and forged them to head a conquering organization, Christianity. Personally, I think this was teetering on the line of BLASPHEMY!!!
Sports began to become a large part of the consumer economy as two famous new sports emerged: baseball and boxing. In baseball, one man arguably brought baseball to where it is today and his name is Babe Ruth who is known for building the New York Yankees into a baseball powerhouse (unfortunately) and was famous for all the home runs he hit. He is still know for hitting home runs as he currently is second on the all time list of home run hitters behind Hank Aaron (this list excludes cheaters). In boxing, Jack Dempsey is known for bringing that sport to the states when he took the heavyweight title from Georges Carpentier of France. Events started to amass up to over $1 million.
Buying on credit was considered smart during the roaring twenties because they believed that they should possess now and pay tomorrow. The frugality of Puritan descendants went away as new appliances came out such as refrigerators (below), vacuum cleaners, cars, and radios. However, the economy was put at risk to a stock market crash.
60. The three principles of Wilsonianism are the era of American isolation from world affairs has irretrievably ended, the US must infuse its own founding political and economic ideas (democracy, rule of law, trade, and self determination) into the international order, and American influence can eventually steer the world away from rivalry and warfare toward a cooperative and peaceful international system (UN).
Jones Act (1916): It granted territorial status to the Philippines and the promise of independence as soon as a stable government was established (7/4/1946).
Forest Reserve Act (1891): The president was authorized to set aside public forests as national parks and other reserves. The effect was 46 million trees being saved.
Carey Act (1894): This distributed federal land to the states on the condition that it be irrigated and settled.
Newlands Act (1902): Washington was authorized to collect money from the sale of public lands in the western states and use the funds for the development of irrigation projects.
Federal Trade Commission (1914): President appojnted a commission to tack monopolies and it uprooted unfair trade factons of adulterations, mislabeling, bribery, unlawful competition, and false advertisement.
Federal Reserve (1913): Established a federal reserve board appointed by the president and it oversaw twelve regional banks. They issued federal reserve notes from paper that increased circulation.
Federal Farm Loan Act (1916): This made credit available to farmers at low rates of interests. This was exactly what the Populists wanted.

17: Plutocratic members of the Senate were unhappy with existing methods as a numbers of states established primary elections in which voters chose senate. Local legislatures found it better to directly vote for the senate and this ammendment established direct election of the US senate in 1913.

18: This prohibited all alcoholic drinks which accomplished the goal of the reformers who wanted a dry nation, which was difficult for some groups that had alcohol as part of cultural life.




Clayton Anti Trust Act of 1914: Much stronger than Sherman's Act of 1890 by lengthening 'objectionable' business practices such as price discrimination and interlocking directorates. In addition to that, it conferred long overdue benefits on labor. It sought to exempt labor and agricultural organizations from antitrust persecution, while legalizing strikes and peaceful picketing.


Pure Food & Drug Act of 1906: Designed to prevent the adulteration and mislabeling of foods and pharmaceuticals.


These railroad acts were a building block for President Theodore Roosevelt to exert his big stick over other large businesses and try to reduce their power.