After World War I was over, Europe and America were left in shatters. Though the destruction was not to the same extent in both continents, the repercussions were strongly felt. The effects of the World War I led to a thriving American economy. However, after a decade of prosperity, many Americans, who had never been out of commissionemployment, were astounded when factories, stores, and mines closed down. These individuals were now living in poverty and …
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showed last 75 words of 2403 total
…reopening of 'solvent' banks. Farmers were also aided during this rough transition by being allowed to refinance for a lower interest rate, and by being paid to produce less; causing the decline in overproduction and a raise in farm good prices. Even if the results could not be seen because of America's military buildup, one can clearly come to the conclusion that "the United States [had] a president whose first regard [was] the national interest."