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Not What You Meant?  There are 3 definitions for Black Tuesday.

Prohibition and Crime

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About 16 pages (4,911 words)
Wall Street Crash of 1929 Summary

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Prohibition and Crime

In October 1929 the crash of the stock market triggered a crisis in the U.S. economy. By 1930 Americans were starting to realize how severe the economic depression would be. Every day more banks failed, businesses folded, factories closed their doors, and increasing numbers of Americans lost their jobs. This depression was to become the Great Depression that lasted for more than a decade. Those who managed to keep their jobs saw their income greatly decrease. Americans' hope for prosperity faded as they struggled to hold on to a minimal standard of living. To most people the U.S. government seemed distant and ineffective, providing no solutions to the difficulties and no relief.

In addition to the nation's economic troubles, for many Americans there was another source of distress: Prohibition. Prohibition began in 1920 when the Eighteenth Amendment (the Prohibition amendment) to the U.S. Constitution took effect. Prohibition banned the manufacture, sale, and (with the Volstead Act) possession of alcoholic beverages, including beer and wine. The new law did nothing to lessen Americans' desire to drink; people wanted their favorite beverages at meals, at parties, and at their neighborhood bar or saloon. Responding to the public's desire, gangs in the cities organized and delivered the liquor.

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Prohibition and Crime from Great Depression and New Deal Reference Library. ©2005-2006 by U•X•L. U•X•L is an imprint of Thomson Gale, a division of Thomson Learning, Inc. All rights reserved.

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