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How Did The Great Depression Affect Society

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The Great Depression is a severe economic downturn that followed the collapse of the U.S. stock market in 1929. The Great Depression lasted until 1939. The causes for the Great Depression are that the stock market crashed, American were buying thing they could not afford, people were buying on credit, slow production, slow sales and an increase on tariffs. The causes for the Great Depression greatly affected America. The U.S. was impacted negatively but the legacy of the great depression has benefited the people and today society.
The Great Depression affected the people during the 1920s because Many had to live in poor conditions. When the stock market crash, many lost their jobs. The loss of jobs increase the amount of unemployment and the …show more content…

One of the legacies of the Great Depression is the president, Franklin D. Roosevelt, program which was called New Deal. The program purpose was to create jobs and improve the American economy. It offered aid to the elderly, and farmers. It also ensured bank deposits, investment in youths, and direct relief. It also integrated public housing, public work, job programs, and the promotion of workers right. New Deal improved the life of the American people. It also influence today society as we have majority of the benefits that are included in this program. Today we have aid, workers rights, public housing/work, and direct relief. All of these concept helped American stay away from living on the street. Another legacy of the great depression is buying on credit. During the time period of the Great Depression Americans were introduced to buying on credit which resulted in many being in debt. Buying on credit gave people the opportunity to maintain themselves and have the luxury of buying resources. Buying on credit increase the chance of being in poverty, as many American were tangled with

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Roosevelt New Deal plan also helped businesses to recover from the Depression loss. Shlaes mentioned in 1934, “Business has recovered half its depression loss, only 30 percent of the Depression unemployed has been put to work” (Shlaes 262). Also, to help recovery from the Great Depression, the New Deal offered social insurance; “Social Security seemed a gift on a scale most American would never have expected a president to be able to offer” (Shlaes 255). The Great depression impacted the Americana government in a way that the government had to change, reform and became more cautious of economic situations.

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The New Deal included programs that would help average citizens find relief and provide recovery from the dire economic situation, helped farmers recover from foreclosures produce more crops and reduce the prices of crops for citizens and consequently expanded the role of gov’t because more people depended more on their gov’t in a time of need. The Great Depression started after the stock market crash of 1929, shortly thereafter companies started firing millions of workers (Document J) to save money because CEO’s are always greedy and always want to keep as much money as possible for themselves. FDR’s response to mass unemployment was to create agencies like the TVA (Document I) which employed unemployed workers in Tennessee for public projects such as bridges, roads, dams, parks etc. Anything that benefited the public was built so that people had jobs and were able to bring the economy out the depression.

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The new deal was a program that created jobs during the Great Depression. The New Deal was a program that created jobs for people during the depression. Some of the programs they made where the CCC, WPA and other programs (Doc B). The New Deal had a positive effect on the people during the great depression because it gave people jobs and a way to make money. The New Deal had employed many people giving them jobs for example, at the beginning of the Great Depression unemployment was at its highest 25% and when the new deal was put into action unemployment

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The Great Depression was an enormous economic downfall in the history of the United States and was also a very hard time for many Americans. People had lost jobs, markets went bad, banks had shut down, and unemployment rate has gone up. It had lasted from 1929-1939. During the next several years, buyer spending and investment had dropped, causing a decline in industrial output and raising the unemployment level. It began with the stock market crash on October 29 1929, which had lost millions of investors, markets had lost $30 billion dollars in two days, making it ten times more than the annual budget the U.S had spent for WWI, and prices were dropping until the end of November.

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The Great Depression started in 1929-1939 and lasted for a decade. The cause of the Great Depression was the market crash. Americans were eager to get rich quickly so they started to buy stocks on margin but the plan backfired. Investors began to worry that the stock prices would fall so they began to sell off their stocks. Those who lent money depended to repay their loans.

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When all seemed lost, Roosevelt implemented his plan to end the Great Depression. His New Deal consisted of “alphabet laws” which helped nearly all sections of our economy. These series of laws helped the farmers increase profit and increased employment and so much more. Overall, The New Deal stabilized the economy and has lasting effects on social welfare programs in America.

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Repercussions of the New Deal during the Great Depression Government programs always affect our country; whether or not we seek all aspects of the program determines the outcome of the situation. Franklin D. Roosevelt (FDR) became president March 4th, 1933, and he served as president for two terms. FDR was a fighter, he fought a battle with polio, and he also fought to get the United States out of a Great Depression. He came up with the New Deal, a series of government programs intended to help. The Great Depression started when the stock market crashed October 29th, 1929, and the economy fell tremendously, and unemployment rose.

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The Great Depression, which ravaged the country, was in desperate need of aid. Support and a government-style change came with the 32nd president, Franklin D. Roosevelt. Roosevelt saw the country was in dire need of help, so he introduced his “New Deal” to the country. The New Deal would be a collection of acts and laws to be passed to support the desperate country. The New Deal brought about positive change and helped the country get through its darkest times.

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The Great Depression was a huge economic catastrophe throughout the United States. It caused many Americans to not have main necessities or resources to survive. Fortunately, Franklin D. Roosevelt’s New Deal program was successful at addressing the problems of The Great Depression and preserving democracy in the United States. The New Deal was successful at addressing the problems of The Great Depression and preserving democracy in the United States.

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The Great Depression was a catastrophic event that happened in the late 1920’s to the early 1930’s. The reason this happened was when the stock prices fell, causing the economy to completely collapse leading to severe economic failure. This event is what caused countless people to lose their jobs, which meant people were struggling to provide for their families, unable to pay for food and housing and the things they needed to survive, people started becoming homeless and weren’t able to eat. Businesses were failing and were not able to gain any revenue because people were losing their jobs, workers were being fired because they couldn’t afford to be paid, businesses were shutting down due to the fact that they were not able to make money to

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In what ways did the Great Depression affect the American people? After a decade of economic prosperity, what seemed like an era that defined the concept of the American dream, quickly came to an end when the stock market on Wall Street collapsed in 1929. The aftermath of the events that occurred on Wall Street would put its heavy mark on the years to follow among the citizens of the United States. Banks closed down, unemployment rose and homelessness increased. It was a widespread national catastrophe that had its impacts on both poor and rich.

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The New Deal also opened soup kitchens were the unemployed could go to get a free meal. The New Deal also managed banks so the banks couldn’t spend money that they didn’t even have, and it also helped end the depression and helps prevent new ones from happening in the

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The New Deal was a plan that was meant to do good for the people. The Great Depression was putting a lot of stress on those in power, leading to them trying to make permanent solutions for the people. The was a multitude of programs that was put out for the use of the people but ultimately it only helped those in very high power or very low power. While Roosevelt was in power he tended to only care about big corporations and companies. The New Deal was ultimately ineffective to solving the problems in the U.S. because it only provided short term solutions as opposed to long term solutions which would have made the New Deal more effective.

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The Great Depression has a huge impact on our society from 1929- 1950, the cause was many factors such as; Stock market crash, bank failures, high taxes on foreign trade which cause for the consumers to stop spending money. These problems in the economy devastated our country and made the people rely on the government to help build programs to stimulate the economy. The “New Deal” was a group of programs that would greatly help boost our economy , which lead to domestic growth. Programs such as Civilian Conservation Corps (CCC) and Civil Works Administration (CWA) that were created to fight against unemployment and provide work relief, the Federal Housing Administration (FHA) and Homeowners Loan Corporation (HOLC) regulated mortgages and provided

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During the Great Depression many people lived in poverty, more than 20% of the people were unemployed, but President Roosevelt implemented programs to help Americans prosper. The Great Depression is when the America’s economy had fallen to its lowest point. Many people lost their money and it’s when poverty hit rock bottom. The New Deal was necessary because even though it didn 't end the Great Depression it helped lowered unemployment, secure their money, and helped the economy prosper. In its attempt to end the Great Depression, the New Deal had many successes and failures    

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