CSPAN3 Lectures In History Abundance Wages The Great Depression July 12, 2024
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...