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Effects of the great depression in america
The great depression history paper
The great depression history paper
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The Great Depression was the worst economic downturn in the history of the world. It began in the United States when the stock market crashed in October 1929. Everybody was sent into a panic and millions of investors were wiped out. Unemployment levels began to rise after consumer spending and investment dropped, while stock prices continued to increase. Companies started to lay off their workers, and soon nearly thirteen to fifteen million people in America were without jobs.
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
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.
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 Great Depression of 1929 was one of America’s most influential downfalls that crippled society for years. The depression caused many years of failure and poverty for almost all of society. The government’s role during these times was crucial and critical for turning around the economy. The depression had a major effect on government’s power and involvement with the people and states. The government was less involved before the depression.
The great depression was stressful and the most powerful downturn. The great depression started on October 29, 1929 and ended in 1939. The great depression started when stock markets crashed that meant business closed and money was harder to earn, banks closed, less jobs, not a lot of money. It all occurred in us many people were left unemployed or without a home. People found strategies to save money such as waiting until the prices were as lowest possible many sellers would have to sell the item at a price lower than what they bought it for making no profit
The Great Depression did not affect people in the same way, for example the rich people did not feel the impact that the poor people did. The devoice rates dropped because it was too expensive for people, people even delayed their weddings. Birth rates dropped and death rates rose. The way some people survived was by fishing maybe even hunting. Relief, Recovery, and Reform was used to help the people during the 1929 - 1945 time period.
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.
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.
Both, urban and rural Americans suffered during the Great Depression, but not in the same way. Many urban Americans had to deal with living in large communities of homes made out of cardboard boxes due to homelessness and lack of food in the cites (Schultz, 2013). At the same time, rural Americans were losing their farms due to the crops as a result of the drought. The Great Depression was a perfect time for the Communist Party of the United States to thrive, as a large portion of Americans believed that Capitalism was the cause of the whole thing.
The Great Depression The Great Depression was by far one of the worst times of America’s history, and the world’s history. The Depression affected everyone except for the politicians and the wealthy. During the depression a lot of people lost their jobs which caused the unemployment rate to sky rocket to 14% of America’s population was unemployed, and the number would stay their till World War 2, and the depression started in the 1920’s. Middle class workers were hit the hardest in the depression. Most of the middle class citizens lost their jobs.
Living in the Great Depression Abigail E. Shreve Linton Stockton High School The Great Depression was a time of tremendous economic disruption and hardship for many people. It changed the lives of countless Americans, and the effects of the Great Depression would be felt for decades to come. Living through the Great Depression was not easy, and it shaped the lives of those affected in powerful ways.
With a substantially negative economic effect, the Great Depression brought about a change in society. Southern states in particular were affected, such as Alabama, as the “era reshaped the state's political, economic, and social traditions” and “challenged Alabama's long-standing social and racial hierarchies” (Downs). The majority of Southerners were declassed during this period of time, due to their financial troubles. Desperate to survive, people began to give up on traditions, which gave way for a change in social ideals. Regarding personal life, men often grew busy, and so “the Depression radically altered traditional ideas of male privilege” and “increased the importance of the traditional female sphere of the home” (“The 1930s:
Family Life in the Midst of the Great Depression The Great Depression has greatly changed the way the world works as a whole, but how did it affect family life? Numerous families were broken apart during this time because of the lack of money and resources, making it very hard to live. During the Great Depression, families were mainly affected by changes in family roles, differences in food and play, and issues with marriages and abandonment. From Bible times to the start of the Great Depression, men led the family by making money, while women kept the home tidy. This stereotype was greatly changed in 1929 when men lost their jobs and women stepped into a higher role, causing the number of married women to greatly increase.
The Great Depression was the worst economic downturn in the history, which lasted from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Spending began to drop, and it caused declines in employment and some companies began to lay off workers. By 1933, the Great Depression reached its lowest point and millions of Americans were unemployed. The 1920s consisted of dramatic social and political change.
