How A Changing Economy Can Impact The Rest Of The Country
How a Changing Economy can impact the rest of the Country
The economy has helped people in America throughout different periods of time. Immigration had a decent impact on American life. The immigrants came to America for a better life rather than being in their own country where there was probably a crisis going on or maybe even a war. Sometimes this meant taking hundreds of our American jobs. The Progressive era also had an effect on our country’s economy. The changing economy has helped our country’s economy in many different ways, which in turn can either cause lots of problems to our American way of life. Changes in the Economy and Government can change either the way our country runs or our American way of life depending on the situation.
Westward expansion was another one of the many new things in our country that had many impacts on the people and their way of life. The government made it available to buy a lot of land in the West. The government gave many opportunities like for instance the homestead act gave many families 160 acres of land if …show more content…
The Great Depression was a big factor in our economy and affected our people and our wealth. The Depression was a time when the stock market crashed and the economy plummeted. Credit Cards were a new thing which gave Americans more luxury and money to buy more things that they wanted. This way of buying stuff was called “Buying on margin” therefore this put a lot of people and credit card companies in debt. There was an uneven distribution of income during this time which meant that the rich people were getting richer and the poor were getting poorer this also affected our economy in a huge way. The economy plummeted because of these poor people who got hold of credit cards and they weren’t able to pay their bills because of their very low income. These were all factors in our economy that plummeted our economy and led to the era of the Great
The economy has helped people in America throughout different periods of time. Immigration had a decent impact on American life. The immigrants came to America for a better life rather than being in their own country where there was probably a crisis going on or maybe even a war. Sometimes this meant taking hundreds of our American jobs. The Progressive era also had an effect on our country’s economy. The changing economy has helped our country’s economy in many different ways, which in turn can either cause lots of problems to our American way of life. Changes in the Economy and Government can change either the way our country runs or our American way of life depending on the situation.
Westward expansion was another one of the many new things in our country that had many impacts on the people and their way of life. The government made it available to buy a lot of land in the West. The government gave many opportunities like for instance the homestead act gave many families 160 acres of land if …show more content…
The Great Depression was a big factor in our economy and affected our people and our wealth. The Depression was a time when the stock market crashed and the economy plummeted. Credit Cards were a new thing which gave Americans more luxury and money to buy more things that they wanted. This way of buying stuff was called “Buying on margin” therefore this put a lot of people and credit card companies in debt. There was an uneven distribution of income during this time which meant that the rich people were getting richer and the poor were getting poorer this also affected our economy in a huge way. The economy plummeted because of these poor people who got hold of credit cards and they weren’t able to pay their bills because of their very low income. These were all factors in our economy that plummeted our economy and led to the era of the Great