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The Great Depression occurred after the stock market crash in 1929, but lasted for years after, until 1940. One reason the crash occurred was because banks were failing. Banks were lending out money to anyone even if those people did not have good credit. Another reason was that productivity of products were high, but the demand for those products decreased. Since people were not buying, companies were losing money, which led to lay-offs.
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 left everyone in shambles. This was an economic crisis and period of low business activity in the U.S. Beginning with the stock-market crash in October, 1929. After watching Cinderella Man, we learned that this economic drop caused James J. Braddock, a famous boxer before the crash, to lose everything. Yet, later gave citizen hope that times would get better.
The great depression was basically an economic downturn which lasted from 1929 to the early 1940s, it was an over-the-top stock market and a drought that hit the South. In an attempt to end the Great Depression, the U.S. government took direct action to help fix the economy. With this help, the Great Depression finally ended with the increased production needed for World War II. The great depression began right after the stock market crash on October 1929 causing a huge panic on Wall Street, this caused many investors to be wiped out. Several years later you could see that the consumer spending and investment dropped causing a decline on the industries and high unemployment was at its peak laying of millions of workers, by 1933 about 15 million people were unemployed
The Great Depression occurred after the huge stock market crash in 1929. However, the impacts were on going till the 1930s. Many individuals were affected by this stock market crash which led to destroying young innocent lives. This was the time where a majority of individuals were happy that WW1 is over, but then again it went back to a horrible state due to stock markets. For instance, for those who had a credit card and spent a lot of money on the loan they borrowed came out as a horrible lifestyle when Great Depression happened.
The Great Depression was a hard time for the United States. The Great Depression was a huge plunge in the economy. There were many factors that contributed to the Great Depression. The stock market crash was one of the biggest factors in the cause of the Great Depression. Banks started to also crash losing peoples savings and making people panic.
he Great Depression was a time of huge economic downfall. During this time period people lost their homes, money, and everything they had ever earned. Millions of people were affected, including the middle and lower classes, who would just become poorer. People in upper classes, even dropped to the lower class. This downfall began on October 29, 1929, and the leading cause was the crash of the stock market.
The Great Depression started in 1929 when the stock market crashed. The banks didn’t have enough money to give. President Hoover was a bad president and then when FDR took over he wanted to change it. Hoover did one thing by making the Hoover Dam and saving money by making water into electricity. The Great Depression was the worst bankruptcy in America's history.
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.
The Great Depression era was one of the most severe hardships in United States history. The amount of suffering that ordinary Americans endured during the Depression was unprecedented. The Depression caused big businesses like Ford to layoff much of their workers during the Depression. This massive unemployment caused millions of workers to lose their homes and their livelihoods, puting Americans in destitute situations of extreme poverty. During the Depression the contemporary safety nets that existed to help take care of people when disaster struck had dried up and was unable to assist everyone.
Life in During the Great Depression The Great depression was known as a period of economic hardship because it was one of the longest, deepest and saddest depressions in Canadian history. It was started by the stock market crash in 1929 and lasted 10 years, ending in 1939. In the course of history the word “great” has been interpreted as a considerably above the usual or normal thing. Therefore, The Great Depression would be considered a “great” tragedy, sadness, or decline in the economy because it was long and many people were involved.
Great Depression started when banks began to fail after the stock market crash. “There is no cause to worry. The high tide of prosperity will continue. ”-Andrew w. Mellon, secretary of treasure 1929. The Great Depression lasted from 1929 to 1939 and was a huge downturn on the economy.
In the introduction of Fast Food Nation: The Dark Side of The All-American Meal by Eric Schlosser, he starts out by talking about talking about rural and urban land use. Schlosser first talks about the Cheyenne Mountains and how America has used it for an elite military base. Secretive, is the point that he was trying to get across when writing this very first part of his book. He used the Cheyenne Mountain Air Force Station as an example of how American fast food restaurants conceal themselves into almost every street corner and block. There are fast food restaurant’s on everywhere and the fact that there are still being more built to this day.
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.
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.
