Federalists want a representative democracy "The ancient democracies of Greece were characterized by tyranny and run by mobs"
The 1920’s was marked by drastic events in the U.S economy.
After a decade of very high economic growth and boom in manufacturing (the
Roaring Twenties), the Wall Street stock market began to slide down on October
24, 1929, and by November stock prices lost as much as 40% of its value. The
drop was caused by overproduction of agricultural produce. The resulting
oversupply caused farmer’s incomes to drop. People also purchased stocks using
borrowed money,which contributed further to the slide.
In 1947, another 3.8 million babies were born; 3.9 million were born in 1952; and more than 4 million were born every year from 1954 until 1964, when the boom finally tapered off. By then, there were 76.4 million<span> “baby boomers” in the United States. They made up almost 40 percent of the nation's population.</span>
