Answer:
The Great Depression of 1929 devastated the U.S. economy. Half of all banks failed. Unemployment rose to 25% and homelessness increased. Housing prices plummeted 30%, international trade collapsed by 65%, and prices fell 10% per year.
The congress could not effectively levy taxes. The congress was so short of cash it took them years to pay soldiers after the war ended.
The Emancipation Proclamation is very important to the United States because it abolished slavery. The Emancipation Proclamation was a executive order, ordered by President Abraham Lincoln, on January 1, 1863 that abolished slavery completely. This executive order changed the topic of the war to freeing slaves and bringing them to the free land. If it wasn't for this executive order, there could possibly still been slavery during their time, and possible today.