Encyclopedia Online

Archive for the ‘modern world’ Category

The United States of America: The United States of America, after the Civil War, made tremendous progress in the field of science, technology, agriculture, industry, transport and communication. By the beginning of 19th century, The U.S.A emerged as a powerful and industrialized nation. The U.S.A entered the First World War after the British ship Lusitania was sunk by the Germans. The U.S.’s help was crucial for the victory of Britain and France. The ‘Great Depression’ which began in 1929, was a severe blow to its economic growth. The prices of commodities fell and income of people also decreased. In 1933, Franklin D. Roosevelt was elected as the president of the United States of America. He introduced the economic reform called “The New Deal”. According to this policy, the industries reduced the number of working hours and increased the pay for workers, compensation was paid to the farmers and the unemployed. Within a decade, the U.S.A. once again emerged and became an economic power.