The period after the First World War was the period of tremendous in American history. This period marked an important and one of the most memorable stages in America. Despite the fact that country had acquired the opportunity to stand on its own and end reliance on Europe, America went through a number of difficulties that hindered development immediately after the First World War. The most common problem that the country witnessed during this transition was the emergence of the great depression in the economy. The country was also struggling to consolidate its political setting to ensure that it had the best leadership in the world (Bordo, & White, 2008).