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This play is set in the 1950's on the Southside of Chicago. The Younger family is a poor black family living in an old run-down apartment in a white neighborhood. When Lena, the mother of Walter and Beneatha, wins a lot of money, everyone is arguing over what to do with it. Walter wants to use it to open a garage with his friends Bobo and 'Willy', to get rich. Beneatha wants the money so she may go to law school and become a lawyer. Lena decides to use a part of the insurance money to buy a new house. She gives the rest of the money to Walter saying that he should put $3,500 in an account for Beneatha so she can use it for her education and he gets to put the remaining amount of money in an account under his name to use any way he wants.

Beneatha brings home a new friend who is from Nigeria and teaches her something about their African roots. But Beneatha does not want to wear the African dress he offers to her.

Meanwhile, a man named Lindner shows up to talk about the house that Lena bought. It turns out that the house is located in a neighborhood that does not want any black residents. Lindner threatens the family to make them give up moving into the new house. But they stay firm and send Lindner away, but he leaves a card with his phone number on it, in case they change their mind. As the family prepares to move into their new house, there is a horrid surprise: Walter secretly used all the money (including the money for Beneatha's education) in a deal to buy a garage. He gave the money to Willy, who gambled and lost it all. When Lena finds out that the money is gone, she slaps Walter and faints.

With this new blow, the family nearly gives up. Lena decides not to move out of the apartment, though Ruth begs her to go through with the moving. In a final bid to fix his mistake, Walter calls Lindner again to accept money from him for not moving into the house. When Lindner arrives, Walter takes the money and they stay together in their old flat, content with their situation.