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DBQ Depression Essay Draft There are many opinions on the Great Depression. The stock market crash was a big part of this problem. Taxes and tariffs on imports did not help either. What came after the crash was the bad part. The stock crash and tolls are what caused the Great Depression.
The Great Depression was a severe worldwide economic depression that took place during the 1930s. The article by Edwin Gay and pictures compiled by Cary Nelson are both descriptions of how the Great Depression was and the several impacts that it had on the American economy. The range of the great depression is unprecedentedly wide according to Edwin Gay. The great depression was believed to have started from the collapse of the US stock market in 1929. This was shown in a picture as compiled by Cary Nelson
Yes, concerns about major social and political revolution were justified at the time of the Great Depression. After the stock market crashed, banks failed as well as a result of millions of Americans withdrawing their money. Unemployment ensued because of the rapid decrease of consumer spending. These all mostly affected the working class, since they were the ones who went out of work when the Depression hit. Additionally, the big disparity of wealth between the rich and poor encouraged the Depression; 32% of the country’s wealth went to the richest 5% of people, while only 10% when to the poorest 42%.
What Caused the Great Depression? The Great Depression was a devastating tragedy that changed our economy. In the U.S, the Great Depression shortly happened after the stock market crash in 1929. This sent Wall Street into a great panic and wiped out millions of investors.
The Great Depression was a time during 1929 to 1939, It was the longest lasting economic disaster. The two presidents in term during this crisis, Franklin D. Roosevelt and Herbert Hoover, approached this problem in different ways. Hoover’s idea on this was to have private citizens help each others, while Roosevelt believed the government should take care of its people with social programs. Looking at these ideas in more depth we can infer ways our country should go. Herbert Hoover served as president during 1929 to 1933.
With a strong mandate, FDR moved quickly during the first hundred days of his administration to address the problems created by the Great Depression. Under his leadership, Congress passed a series of landmark bills that created a more active role for the federal government in the economy and in people�s lives. During the first hundred days of his administration, Congress passed the Emergency Banking Relief Act, which stabilized the nation�s ailing banks and reassured depositors, created the Federal Emergency Relief Administration (FERA), the National Recovery Administration (NRA), the Agricultural Adjustment Administration (AAA), and the Tennessee Valley Authority (TVA). Believing that work programs were better than relief, FDR secured passage
Imagine living in a refugee camp. Every day you work really hard trying to get a job, and provide for your family, but to no avail. Every night you are extremely tired, but have a hard time sleeping because it is freezing cold. You wake up again, and go through this cycle of trying to get a job, house, and sleep. Hoovervilles are very similar to refugee camps.
The stock market crash sparked the new beginning of an era. An era known as the Great Depression where millions lived in poverty and were being fired from their jobs or at least having their wages cut. Banks all across America and Europe went bankrupt due to many people wanting to withdraw money from the banks. The depression lasted eleven years, at least in America, and in that time, many people died or went homeless, but some people helped others go through the Great Depression. Woody Guthrie, John Steinbeck, and Will Rogers were some of those people who helped influence society during the depression.
The most significant event in American history that brought tension among different groups particularly class groups was during the great depression. In 1929, when the stock market crashed and many banks closed for the people would be rushing to the banks to get their money out. Many middle class families became irate because everyone (the middle class and lower class) was for the most part money equal. There were several murders and suicide all over money. There were many letters wrote to the Roosevelts asking for help because you could not ask others for help for people’s pride was in the way or others did not have anything to give.
World War I was the first long lasting war of the 20th century. It changed the outlook of everyday citizens, and it was even the first war to use things such as airplanes,submarines and poison gas. However, World War I began with an act of terrorism. On June 28, 1914, the assassination of Archduke Franz Ferdinand had taken place in Sarajevo by a Bosnian Black Hand member. More than ever before, the war involved more countries and colonies than any of the wars before it.
What other events combined with the economic crash to make the Depression so harsh? Urban centers had turned into uninhabited areas. Grim shantytowns, bitterly dubbed "Hoovervilles," were made from crates and cartons. Meanwhile, a drought withered crops and made the Great Plains into badlands.
This was one of the worse economic crisis in U.S history. It began in 1929 and ended in 1941. In the photograph of this older women she is laying down on the ground and only has one bag and a blanket on her. The clothing and the face of the women are dirty. She is on the sidewalk sleeping while everyone is busy around her.
Great Depression The Great Depression was from October 29, 1929 – 1939 was long and hard. Everybody lost their money home and food belongings. You either had to sleep under a bridge or in a box car. And, to make money people would cut kids hair for just 10 cents each or paint an entire house for 20cents. When people became homeless.
The Great Depression was a time of little hope and small dreams. Much of what happened forced young children out of their world out of their world into the adult world. I’ve also had to step up into the vast realm of the adult world. During the Great Depression many kids had to step up and begin acting like adults.
The great depression made a major impact on the lives of the people that lived through it. One group of people that is often overlooked are children that lived during that time period. When the parents lost their jobs the responsibility the parent once held was put on the children of the families to contribute to the income of the home. Because of this in the great depression “two-fifths of children were employed in part time jobs” (Elder 65). In Glen Elder’s book Children of the Great Depression: Social Change in Life Experience he discusses how the depression affected those children in their later lives.
