ipl-logo

Great Depression Dbq

174 Words1 Page

The great depression in the US, which began in 1929, and ended in 1938 was caused by many different things all happening at the same time in the economy. The wall street crash in October 1929 was one of the main causes, when the stock markets crashed. This was caused by many things, but the main reason for it was a deflation (which is an event where the general level of prices in an economy are reduced) On October 24th (black Thursday), share prices dropped by 14 billion dollars in a day, and more than 30 billion in a week. This forced many of the banks to close, due to them investing their client’s savings in the stock market. This event made many Americans withdraw their money, from fear of losing even more of it. This then led people from

Show More
Related

  • Great Depression Dbq Essay

    417 Words  | 2 Pages

    Buying on credit, overproduction, and income inequality were just some of the leading factors to the great depression. It began when installment buying was introduced people didn’t view debts as shameful and bought things at a faster rate than they could pay. People were also investing a lot in the stock market one day it crashed. October 29, 1929 (now known as black tuesday) was the day the stock market crashed. It caused great panic in America since many peoples entire life savings were lost in one day.

    Read More

  • Great Depression Dbq

    426 Words  | 2 Pages

    The Great Depression occurred after the stock market crash in 1929, but lasted for years after, until 1940. One reason the crash occurred was because banks were failing. Banks were lending out money to anyone even if those people did not have good credit. Another reason was that productivity of products were high, but the demand for those products decreased. Since people were not buying, companies were losing money, which led to lay-offs.

    Read More

  • Great Depression Dbq

    1108 Words  | 5 Pages

    Nathanaelle pierre-Louis United States history Period: 3 The Great Depression All through the 1920's, new enterprises and new techniques for generation prompted thriving in America. America could utilize its extraordinary supply of crude materials to deliver steel, synthetic compounds, glass, and apparatus that turned into the establishment of a gigantic blast in buyer merchandise (Samuelson, 2). Numerous US nationals contributed on money markets, estimating to make a fast benefit. This awesome thriving finished in October 1929.

    Read More

  • Great Depression Dbq

    509 Words  | 3 Pages

    The Great Depression From 1929 to 1939 the economy suffered a worldwide economic depression. Known as the Great Depression, it was the longest economic downfall the Western industrialized world has ever seen. The start of the Great depression is believed to have been due to the collapse of the stock market on October 29, 1929. Wall Street, home to the world’s largest stock exchange was in fear as millions of investors suffered.

    Read More

  • Great Depression Dbq

    220 Words  | 1 Pages

    The Great Depression was a roughly 10-year period in the early twentieth century that was shaped by the United States’ national economic crisis, but affected the global economy, as well. It began in 1929, when the stock market first crashed and stock prices began to fall, but only 2% of Americans owned stock and were affected at this time. (1:48) It wasn’t until tens of thousands of people began to withdraw money from banks and hundreds closed across the country, leaving 28 states bank-less (5:32) that the population truly began to suffer. Unemployment rates skyrocket and more and more people begin to go bankrupt, with 34 million Americans left with no source of income by 1932.

    Read More

  • Great Depression Dbq Essay

    800 Words  | 4 Pages

    Has someone ever talk to you about the Great Depression if not am here to explain how it all started. It all started on morning day in the early 1930 when soon people looked worried about their jobs because factories were going to unemployment workers. Which was not a great thing for the the people or the factories because if the workers were unemployment they would not have money to the buy the products from the stores. So at the end the great depression had a major impact on the United states. The reason was because many men had to have at least two different jobs in order for them to bring food for his family.

    Read More

  • Great Depression Dbq

    1177 Words  | 5 Pages

    What Caused the Great Depression? BOOOM goes the stock market sending America into a frenzy that would take long to recover from. This was the worse they have ever seen. The Panic of 1893 was nothing compared to what the US had in store for them in the 30’s.

    Read More

  • Great Depression Dbq

    884 Words  | 4 Pages

    When these stocks crashed banks were left without money and many had to close down. People lined outside of banks for hours to try and get their savings money out. This was impossible since banks did not have enough money. Millions of people lost their savings and were unable to get the money they needed to support their families. This also led to a big rise in unemployment.

    Read More

  • Great Depression Dbq

    1501 Words  | 7 Pages

    Bohler1 “The only thing we have to fear is fear itself.” Franklin D. Roosevelt said this to the American people during the Great Depression. On October 29, 1929, also known as Black Tuesday, the stock market crashed. This making the economic slump the most severe in the twentieth century.

    Read More

  • Great Depression Dbq

    942 Words  | 4 Pages

    October of 1929, the month that sent all of Wall Street into a panic and wiped out millions of investors across the United States. Steep declines in employment rates lead to failing companies and more than half of the country's banks, destroyed. The initial start of the great depression. Over the next 10 years, repossessions and foreclosure climbed, leaving many sleeping on the streets and struggling to collect food. The Great Depression found a grew the cracks of democracy in the United States triggering challenges to a great extent.

    Read More

  • Great Depression Dbq

    439 Words  | 2 Pages

    In the 1920s to 1930s the US had experienced some immeasurable and distressed times known as the Great depression. People had difficulty doing basic things like providing food for their families, getting jobs and having a stable income. The segregation between black and whites did not stop even in these terrible times. The food crisis was a significant problem during the Great Depression.

    Read More

  • Great Depression Dbq

    499 Words  | 2 Pages

    The Great Depression was the double edged sword that America had taken when the debts of many finally caved in. The distribution of monetary & material uses diminished as a cause of this, making it the main reason as to why the Depression even occurred. Saying it simply: there just wasn't enough money or goods being consumed at that time. Also concluding that since the U.S. is the world’s number one superpower in virtually anything, that the entire globe was going through the depression with them. That being because the money that is being used, flows through other country’s versions of debt and exchanges and coming right back to us.

    Read More

  • Great Depression Dbq Essay

    1598 Words  | 7 Pages

    On October 29, 1929 the Stock Market crashed in the United States. The years to follow were full of desperation and despair. Most Americans suffered greatly but two groups that were hit in similar and very different ways were African Americans and white people in America. Although the Great Depression may have brought some people together that was not the case for these two groups. African Americans and white people experienced the Great Depression in similar ways but also in different ways because of racial inequalities partly to do with everyone’s desperation to find work, this caused a divide in America.

    Read More

  • Great Depression Dbq

    1716 Words  | 7 Pages

    The Great Depression There is a famous quote that states regarding the law of gravity that anything that goes up must come down. The 1929 economic crash, infamously known as the Great Depression, turned the American nation to chaos. In fact, in the years prior to this horrific recession, citizens feared a burst in the bubble due to the rapid pace of inflation. The United States faced a terrible economic crisis during the twentieth century; thankfully, it is due to the aggressive acts of Franklin Delana Roosevelt as opposed to the emotional ways of Herbert Hoover that the nation was able to rise up from its devastating economic state.

    Read More

  • What Caused The Great Depression Research Paper

    780 Words  | 4 Pages

    There began to be a gradual decline in prices and the stock market ruptured. On October 24, 1929, the infamous “Black Thursday” took place, where stock holders went on a panic selling spree. Things then went from bad to worse, stock prices went down 33 percent. People stopped purchasing goods and business investments decreased after the crash. In the fall of 1930, the first of four major waves

    Read More

More about Great Depression Dbq

Open Document