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The construction industry shows the changed nature of the economy in the 1930s most clearly. The 1930s were one of the most prosperous periods for construction in history. Many of the structures that have become icons of the American landscape were built in the period: the Empire State Building, the Chrysler Building, Rockefeller Center, the Golden Gate Bridge, Boulder (Hoover) Dam, Coit Tower in San Francisco, the Lincoln Tunnel in New York, the George Washington Bridge, La Guardia Airport, the Supreme Court building, and the Fort Peck Dam in Montana. The building boom of the decade, however, can be divided into two parts: those projects constructed before 1935, usually with private capital (and usually begun before the onset of the Depression), and those built after 1935, usually constructed by the government for the purposes of infrastructure development and unemployment relief. Construction before 1935 was operated according to an older, orthodox economic...
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This section contains 325 words (approx. 2 pages at 300 words per page) |
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