The Great Depression lasted from 1929 to 1939, and was the worst economic downturn in the history of the industrialized world. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.
The motto of the era was “Use it up — wear it out, — make it do or do without!”
This photographic depiction of the era vividly highlights the devastation that it left in its wake in America.
Main picture: Amongst the countless millions reduced to penury
This series of graphs by Danielle Kurtzleben entitled 21 charts that explain
how the US is changing is exactly the type projections of the future which sparks my imagination. Some are already well known such as the changing demographics but others are totally new. All of them enhance our understanding of the future of the USA over the next 50 years.
Main picture: One possible future but not within the next century
To the citizens of the United States of America from Her Sovereign Majesty Queen Elizabeth II
In light of your failure to nominate competent candidates for President of the USA and thus to govern yourselves, we hereby give notice of the revocation of your independence, effective immediately. (You should look up ‘revocation’ in the Oxford English Dictionary.)
Her Sovereign Majesty Queen Elizabeth II will resume monarchical duties over all states, commonwealths, and territories (except North Dakota, which she does not fancy).
Your new Prime Minister, Theresa May will appoint a Governor for America without the need for further elections.
Congress and the Senate will be disbanded.
A questionnaire may be circulated next year to determine whether any of you noticed.
To aid in the transition to a British Crown dependency, the following rules are introduced with immediate effect: