ipl-logo

Solutions To The Great Depression

1029 Words5 Pages

Nallely Sagastume
Pillsbury
US History
February 27, 2018
The Great Depression The 1920s was a chaotic time, it dealt with a worldwide depression that affected many countries but most specifically the United States. During this time the economy drifted into a deep decline and left many people jobless and struggling to financially support their families. Many things were going off balance and there seemed no way to solve it, the farming industry fell, unequal distribution of wealth was going around and overproduction was losing a great amount of money, these problems greatly contributed to the Great Depression. The world was falling into chaos but no one really knew what to do until President Franklin D. Roosevelt came up with a great solution …show more content…

All these new farming technologies allowed a great deal of products to be made, such as, combined harvesters and tractors which worked in removing crops quickly and more effectively than by manual work. These new technologies began to be used more often, and caused periods of no crop rotation, and coincidentally during this time there was a severe drought. This unfortunately left loose soil exposed which was then picked up by winds that caused the dust bowl and carried out soil throughout the whole east coast. Evidently this ruined the fields so now there was no means of production of any kind at all, that meant no profit at all as well. Since no fields where in working condition because of the dust bowl unemployment skyrocketed. in a document about unemployment they said, “In 1933, at the worst point in the Great Depression years, unemployment rates in the United States reached almost 25%, with more than 11 million people looking for work”(Kelley 1). Unemployment left people on the streets as much as being jobless was common so was being homeless. People fought for survival any form they could, they began creating shanty towns all over nicknamed ‘Hooverville’ after President Herbert Hoover who was onset of the depression and who they blamed responsible for it. These were some of the hells people suffered through caused by the Great …show more content…

Franklin D. Roosevelt New Deal Programs greatly helped with restoring hope and most importantly the economy. His ideas were effective in preventing another crisis like this from happening again, stopping the economy from free falling, and restarting the flow of consumer demand. With great hope if anything like this were to ever happen, hopefully there will be an effectividea to stop iy like FDR

Show More
Related
564 Words | 3 Pages

The wealth during the 1920s left Americans unprepared for the economic depression they would face in the 1930s. The Great Depression occurred because of overproduction by farmers and factories, consumption of goods decreased, uneven distribution of wealth, and overexpansion of credit. Hoover was president when the depression first began, and he maintained the government’s laissez-faire attitude in the economy. However, after the election of FDR in 1932, his many alphabet soup programs in his first one hundred days in office addressed the nation’s need for change.

Read More
1215 Words | 5 Pages

He promised that the government would intervene in the economy to provide relief for the great depression, he proposed a ‘new deal’ that would give millions of Americans jobs and create a more stable US economy. “Roosevelt faced the greatest crisis in America since the Civil War.” (Franklin D. Roosevelt Biography). In the beginning of his presidency, he began to make good on his promises, he created many agencies and associations to help get the economy under control and to help lower the unemployment rate. As the economy was stabilizing and the unemployment rates and GDP were beginning to rise back up to normal levels, he fell under criticism for putting too much power in the government’s hands for controlling the economy.

Read More
979 Words | 4 Pages

Along with the Great depression, being a sad and hurt ful time, the americans came together and they reunited with their government in a brand new way. President Franklin helped the citizens of the Unites States tremendously and he opened new paths to new possibilities. The trials brought forth that day changed america

Read More
880 Words | 4 Pages

Roosevelt and his involvement greatly improved industry and the economy and would

Read More
502 Words | 3 Pages

During the Great Depression a Midwestern phenomenon called the Dust Bowl affected many lives of newly settled Americans throughout the Great Plains region. Otherwise known as the “Dirty Thirties”, a storm of dry weather caused farmers and villagers to abandon their homes in hope to survive the deadly threat of the storm. The Dust Bowl was a big contributing factor to the Great Depression agriculturally, and economically. During the 1930’s America suffered extreme temperatures. A drought forming across all farm lands due to failure of successful crop rotation cause dust to form.

Read More
717 Words | 3 Pages

The 1920s were the first years of the new, modern America, with a growing consumer society and new ideas and rules. America saw many changes throughout this decade, including but not limited to social, economic and political changes. Throughout this time, new values were made with the growth of new forms of entertainment and education. After the Progressive Era, the ideas of political figures changed with a new focus on conservative politics and less labor issues. With the new ability for people to buy other products than basic needs, their money went to new inventions, causing new industries to grow.

Read More
456 Words | 2 Pages

The Great Depression was a dark time in history where 13 million workers were jobless and companies were suffering. The Great Depression occurred in the 1930’s. Stock markets crashed, companies went out of business, and people were unemployed and poor. The president at the time, Herbert Hoover, was unsuccessful in his ability to stop the Great Depression which made lots of people head towards the president after him, Franklin Delano Roosevelt (FDR). FDR was successful and the Great Depression ended in 1939.

Read More
502 Words | 3 Pages

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.

Read More
802 Words | 4 Pages

The 1920s were a time of complete change in the United States. Just coming out of World War I the people wanted change. Warren G. Harding saw that the people wanted change so that is what he talked about in his “Return to Normalcy” speech in 1920. Many people were very pleased with what Harding had to say in this speech. Calvin Coolidge who was Vice President under Harding also gave a speech in 1925 that had similar ideas as Harding’s speech.

Read More
1581 Words | 7 Pages

The Roaring Twenties, is one of the more primary cause of the Great Depression. The twenties were not only carefree and pleasure filled, but were also an era of overspending. The overspending is a result from World War I, one of the most most bloodiest war Europe has ever witnessed. World War I made the U.S. into a wealthy world power, as European countries were paying back the U.S. for war loans. With the introduction of credit, Americans,

Read More
765 Words | 4 Pages

The Great DepressionTopic: the great depressionQuestion: How did the great depression affect americans?Thesis statement:The great depression affected americans because it destroyed their economy. Millions of families lost theirs savings as many banks collapsed in the 1930’s. The Great Depression was the worst economic drop of all times in the industrial world1. The Great Depression began because of a stock market crash in 1929 and came to end ten years later in 1939, around 15 million americans were unemployed and about half of the American banks failed. It was one of the darkest era in the United States.

Read More
526 Words | 3 Pages

Extreme poverty was really big during the Great Depression. During the time, there weren't many nice houses like everyone would want to live in. In the second and fifth picture, it illustrates what people had to call "home". Many houses were taken away from them during the Great Depression and was never given back to them. Most of the houses that the people lived in after the Great Depession weren't safe at all.

Read More
923 Words | 4 Pages

In 1930, 4 million Americans could not find work, and by 1933 thirteen million people were unemployed (“The Great Depression,” History.com). The unemployment rate rose from 3% to 25% by 1933 (DeGrace). People stopped spending money, and this led businesses to slow down production and to start firing workers (“The Great Depression,” History.com). For the lucky ones who managed to keep their job, wages fell. With the trouble of finding jobs, sometimes children would work when their parents couldn’t (“The Great Depression,” American Express).

Read More
847 Words | 4 Pages

Many people wonder what the New Deal really did for the American people. The New Deal was a series of national programs proposed by President Franklin D. Roosevelt. The New Deal programs happened during 1933-1938, right after the Great Depression. The New Deal had a very positive effect on the people of America by creating new jobs, gaining trust in banking systems, and getting freedom from the effects of the Great Depression.

Read More
750 Words | 3 Pages

Nishat kazi (Muniya) 11th grade The Great Depression was one of the worst downturn of economy in the history that took place during the 1930s. It had a catastrophic effect in countries on both rich and poor. Though there are a lot of causes behind the Great Depression,the main three causes were-1.Bank failure 2.Stock market crash 3.laissez faire.

Read More

More about Solutions To The Great Depression

Related Topics

Open Document