The Roaring 20’s and 30’s
The roaring 20’s was an era where many good and bad things happened. One of the worst things that happened was the great depression and the ridiculous increase in crime rate. The great depression was essentially the stock market crash of 1929. This was due to buying stocks on margin. Buying stocks on margin was buying stocks but not having enough money to pay them on the spot, so they would pay later. Many of this lead to people losing their jobs and property. Due to the lack of money and growth of homeless people, hoovervilles or shanty …show more content…
Thanks to roosevelt’s changes the depression ended around 1941 the same year world war 2 started.
Throughout this era there were many more problems with america’s economy. For example there was a huge unemployment rate and increased by 24.1% and there were also an increase in the criminal activity throughout america. These crimes mostly took place up in the north, mostly up by new york and chicago. One of the most notorious people during this era that was a major criminal was gangster …show more content…
Upon denial of appeals, he entered the U.S. Penitentiary in Atlanta, serving his sentence there and at Alcatraz.
On November 16, 1939 Capone was released after serving 7 years, 6 months, 15 days. He also paid all fines and taxes he owed back. Suffering from paresis derived from syphilis, he had deteriorated greatly during his confinement. Immediately on release he entered a Baltimore hospital for brain treatment and then went on to his Florida home, an estate on Palm Island in Biscayne Bay near Miami, which he had purchased in 1928.
Following his release, he never publicly returned to Chicago. He had become mentally incapable of returning to gangland politics. In 1946, his physician and a Baltimore psychiatrist, after examination, both concluded Capone then had the mentality of a 12-year-old child. Capone stayed on Palm Island with his wife and immediate family, in a very closed place, until his death due to a stroke and pneumonia on January 25,
The roaring 20’s was an era where many good and bad things happened. One of the worst things that happened was the great depression and the ridiculous increase in crime rate. The great depression was essentially the stock market crash of 1929. This was due to buying stocks on margin. Buying stocks on margin was buying stocks but not having enough money to pay them on the spot, so they would pay later. Many of this lead to people losing their jobs and property. Due to the lack of money and growth of homeless people, hoovervilles or shanty …show more content…
Thanks to roosevelt’s changes the depression ended around 1941 the same year world war 2 started.
Throughout this era there were many more problems with america’s economy. For example there was a huge unemployment rate and increased by 24.1% and there were also an increase in the criminal activity throughout america. These crimes mostly took place up in the north, mostly up by new york and chicago. One of the most notorious people during this era that was a major criminal was gangster …show more content…
Upon denial of appeals, he entered the U.S. Penitentiary in Atlanta, serving his sentence there and at Alcatraz.
On November 16, 1939 Capone was released after serving 7 years, 6 months, 15 days. He also paid all fines and taxes he owed back. Suffering from paresis derived from syphilis, he had deteriorated greatly during his confinement. Immediately on release he entered a Baltimore hospital for brain treatment and then went on to his Florida home, an estate on Palm Island in Biscayne Bay near Miami, which he had purchased in 1928.
Following his release, he never publicly returned to Chicago. He had become mentally incapable of returning to gangland politics. In 1946, his physician and a Baltimore psychiatrist, after examination, both concluded Capone then had the mentality of a 12-year-old child. Capone stayed on Palm Island with his wife and immediate family, in a very closed place, until his death due to a stroke and pneumonia on January 25,