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The Great Depression In America

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The great depression was a rough time for many Americans. The country suffered as a whole but everyone reacted differently to the crisis. The businesses, people and government all handed the Great Depression in different ways. Large businesses and corporations did not help too much to help when the depression hit. The cotton factories in specific were known as terrible places. They over worked and underpaid their staff who desperately needed money. Farmers were also heavily hit by this depression. By 1920 almost all farmers went into debt by buying machinery and land. They borrowed money to buy this machinery thinking it would help them produce goods faster and make more money however, that didn’t really happen. By 1930 over production caused …show more content…

No one had any money and depended on the factories and businesses that they worked for to raise the wages, which most of the time, they did not. Due to the fact that people were desperate for money, stealing became a frequent thing. People were hungry and needing food so they stole it from other more wealthy people and businesses. Although stealing was common, it was often times overlooked by the enforcement authorities. A state that was really struggling in particular was Arkansas. They got hit with the drought very harshly. During the crisis ¼ of the banks across America were closed. Red Cross was eventually called into help by the government. They did as much as they could but eventually the money was frozen. As the Red Cross began to be less and less help, people started facing starvation. Although the Red Cross could only help for a period of time, they were the most effective on helping America get back on its …show more content…

At the time America was being run by President Hoover. When the depression started to get out of hand Hoover turned to the nation’s leading agency for disaster relief, the Red Cross. In most of the country, the Red Cross worked on a plantation system. The republicans also had a large amount to do with the great depression. The newspaper companies were all run by republicans. This had an effect on the public knowledge of the great depression. The republicans only advertised in the newspaper about the Great Depression when they had good news. They would never advertise how bad it was getting or when it went downhill. They had to make it look like the government was trying to

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The Great depression sent it affects all through the world. Though millions of Americans lost their jobs and homes. Soon “Hoovervilles” started to take over all over the country which were shacks of improvised housing for people who lost everything. When F.D.R came into office in 1932 he helped Americans and America start to recover with the passing of many laws and regulations . One change was the creating of the FDIC, which insured the peoples savings stayed in the bank.

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In the working poor’s opinions, everything was to be blamed on Republican Grant’s corrupt administration. It cannot be said that Grant did nothing to try to ease the Panic. He sided with business leaders and adopted their policies. This established the Republican Party as the party of economic conservation and fiscal restraint. It also abolished

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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.

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The Great Depression was a devastating period in United States History, the economy collapsed, and a staggering 25% of the population was unemployed. During this time, there were large wage disparity gaps that were very prevalent, there was no middle class, you were either wealthy or you were poor. It was hard for family life to continue, parents had to take up two and three jobs to make sure their kids were staying safe, and well. Most of these jobs were odd-jobs, and were temporary with no sense of security. It was a struggle to find work, and no job was too demeaning for you to do, because you may not find work again.

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Over the years, consumer spending and investments decreased. This caused declines in industrial output and raised unemployment as failing companies laid off workers. By 1933, 13 to 15 million Americans were unemployed and half the country’s banks had failed. However, the economy did not fully turn around until after 1939 during World War II. The three main causes of the Great Depression were the stock market crash, overs spending, and the overproduction of goods.

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The Great Depression and the Dust Bowl were devistating time for American citizens followed by another terrible time called the dust bowl. Both were devastating times for america. The great depression caused the dust bowl because farmers lost their money and property which cause many to move to urban america in search of work. The great depression had a huge impact on american citizens from 1929-1939.

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The people of America would turn to entertainment to escape what was really going on. President Hoover was blamed for the Great Depression that happened after the stock market crashed. When Roosevelt became president he came up with “Fireside Chats” that would allow him to talk over the radio and inform the public about what was happening. He also created the “bank holiday”

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The people were in debt and and just dug themselves a deeper hole “,combined with production of more and more goods and rising personal debt,”(The Great Depressions) and had no way of making money to pay it all back without jobs. This all goes back to the roaring twenties when eh people bought and bought and dint think of the consequences. The biggest problem for the American was the stock market crash “the stock market crashed, triggering the Great Depression, the worst economic collapse in the history of the modern industrial world. ”(The Great Depression) leading them into social mayhem. The people although causing this distress themselves sought out other things to blame while being completely helpless in their

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The great depression was the deepest economic downturn in the history of the western hemisphere. In the 1920s, when the Depression hit, individuals found themselves unable to afford proper housing- resulting in millions of people becoming homeless, the crash of the stock market and the rapid withdrawal of money resulted in thousands of banks declaring bankruptcy, and many losing hope in society. To combat the Great Depression, Franklin Delano Roosevelt introduced an array of sanguine reforms, called the New Deal, that lifted the despondent american population. The New Deal was a success in part because it introduced a wide variety of services, regulations, and subsidies to improve america's fiscal and societal conditions. In addition, Roosevelt

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Many rulers and leaders had different tactics of trying to get America out of the depression and tried for nearly ten years. The Great Depression started in 1929 and affected America for almost ten years and it changed how the people viewed the federal government and how much power the government had. It was time a of change and many hardships for

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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.

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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 Great Depression was a major turning point for the United States’s economy because it changed the relationship between the government and the economy. Before the Great Depression, the economy was a Laissez-faire style market where the government had no influence on private party transactions and businesses. After the Stock Market Crash of 1929, the people of the United States sought for reliefs from the government. The Government responded by creating tax reforms, benefiting the stock market, wheat prices, employment, and the number of bank suspensions, and providing comfort for the people. As a result of their disparity, the people put their trust in the government in hopes that they would repair the broken economy.

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Roosevelt viewed the Republicans as a party working for the few while ignoring the poor. He strongly attacked the nonreactive republican government and blamed them for the depression. Although there is no proof that the republican party was to blame for the depression, to the people, the fact that the republican president was in charge at that time of the economic collapse gave them reason to inculpate Herbert

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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.

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