Forgot your password?  
Related Topics

Both Your Houses Historical Context

This Study Guide consists of approximately 45 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Both Your Houses.
This section contains 459 words
(approx. 2 pages at 300 words per page)
Purchase our Both Your Houses Study Guide

Historical Context

The Great Depression

America experienced a time of great economic prosperity in the 1920s; World War I, from 1914 to 1918, decimated European manufacturing facilities and reorganized much of the Western world in such a way that America was in a position of unusual stability when it was over. Throughout the twenties, unemployment and inflation were both low, which meant that people had money, lived comfortably, and were able to invest. Many invested in speculative ventures, which continued to raise profits through sales to other investors even when they were not connected to any actual products. The phrase "Roaring Twenties" was coined to capture the sense of excitement and fun that characterized the decade. The fun stopped on October 29, 1929, one of the most significant dates in American history. This was the date of the stock market crash. In that one day, the Dow Jones Industrial Average, which had been slowly...

(read more from the Historical Context section)

This section contains 459 words
(approx. 2 pages at 300 words per page)
Purchase our Both Your Houses Study Guide
Copyrights
Both Your Houses from BookRags and Gale's For Students Series. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.
Follow Us on Facebook