Most Influential Economic Depression In The 1920's

When I was child I was very injury prone. One time when I was 8 years old I was trying to climb a playground wall but I fell off of it and sprained my ankle. Eventually the pain of the sprained ankle wore off and the ankle healed and I learned from the experience to stay safer. These experiences are somewhat like the great depression in the fact that a learning experience was made out of a bad situation.

Have you ever felt like the world around you is imploding well that is what had been happening to the U.S. economically Over and over again and has been going on in a cycle for the past 86 years this is however it was at its worst in the 30’s during which the U.S. experienced its most influential economic depression which directly

One time when I was 8 years old I was trying to climb a playground wall but I fell off of it and sprained my ankle. Eventually the pain of the sprained ankle wore off and the ankle healed and I learned from the experience to stay safer. These experiences are somewhat like the great depression in the fact that a learning experience was made out of a bad situation.

In the 1920’s america had its golden age but eventually it turned into the great depression, so why did it fail. People started getting jobs and were getting paid more. Jazz was popularized because its sound matched the fast paced lives of the people of the time . In 1929 though, the economy failed and here are the reasons why it failed and how it can be stopped from happening

There was a drop in crop prices and a drop in the gdp(Gross Domestic Product). At the time there was a drought in the the great plains and during the time there were many dust storms happened was the dust bowl which had the farming businesses in it hindered from gaining success all because of over farming of the formerly fertile land that the farmers used .There were many many other things like racism and government corruption.

On October 28 and 29 were horrible days “during which the Dow Jones Industrial Average fell 13% and 12% back-to-back.”(the wall street journal).It was bad because it showed that American businesses were losing money at every level. This caused many corresponding issues. It caused job loss and racial tension .Many newspapers headlined “Billions Lost in New Stock Crash” (The Milwaukee Leader, 1929) although generic this primary source shows how every newspaper was feeling during the time period. This all happened on two normal seeming days but they affected america’s history