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The Great Depression Video Analysis

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A theme that would tie into this video would be a will to survive. Homes and jobs were being lost every day because of the Great Depression. In 1929, the biggest economic disaster in American history struck the country when the stock market crashed. Before the stock market crashed, people were buying stocks by taking out loans from the banks. Once the stock market started crashing, people were in a panic and were removing all of their stocks which caused banks to lose all of their money. During this time, the economy was in really bad shape. Unemployment was at an all time high which made it hard for people to pay back the loans they took out. People were losing their homes forcing them to reside out of their vehicles, if they had one, or on the streets. Because it was hard for some to pay …show more content…

War veterans were supposed to receive a bonus from being in World War I, but they were due until 1945. The war veterans wanted their money now. So, 20,000 war veterans and their families marched to Washington, D.C. to determine what the government was going to do about it. They were called the Bonus Army. It was only a few years after stock market crashed and the government did not have the money to pay the veterans. President Hoover called in the Army to settle down the veterans and instead things got worse. The army brought tanks, tear gas, and extreme violence to the bonus army. During all of this, President Hoover stayed barricaded in the White House the entire time. In the end, 2 veterans and an infant were deceased. The Great Depression was a very stressful time period for everyone. Millions of people were feeling the aftermath of it and they were stressed and angry. It is very rough to see how people lived during this time. Residing in their cars and living day by

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On October 29, 1929 the great depression had established a start. The stock market crashed and many people were laid off work in the next weeks. President Hoover believed that it was just a bump in the road for the people in america, but it turned out to be much more. As President Roosevelt came into office, he had to repair america from all chaos Hoover created.

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The sudden collapse of the money supply led to a series of issues. After the money disappeared, individuals lost their houses and jobs and became infuriated. Prior to the Great Depression, obtaining the money that was needed required a lot of

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The Great Depression was a time of peril for the strong majority of Americans. Hoover’s main solution was to not do much, to let time pass and hope the problem goes away. Well, that’s being unfair, he enacted some questionable policies. For example, he signed the Smoot-Hawley Tariff bill that would tax 40% of trade.

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Herbert Hoover’s presidency is associated with the Great Depression seeing that eight months into his term, the stock market collapsed starting an economic depression that would leave 23% of Americans unemployed by 1932. Hoover failed to take the actions needed to help the country initially, however in his annual speech to Congress in 1932, Hoover discusses three directions in which the government can take to aid the rebuilding of the economy. When the United States Stock Market crashed in October 1929 and the country began its ten year Depression, businesses and banks began closing left and right. This caused many Americans to lose their jobs and created massive amounts of poverty throughout the country. Prices became inflated and simple,

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I watched this PBS video about the Great Depression. The theme of this video was to show the struggles of life, work, and how the economy suffered during the Great Depression, as well as how Henry Ford and his company played a role in that era. The Great Depression was a time in history when the economy suffered, people didn’t have jobs, and American people struggled to survive. During the Great Depression jobs were scarce and if companies were not closing, they were not hiring new employees.

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The Great Depression was a catastrophic event that happened due to the stock market crash of 1929, which led people to poverty, paranoia, and unemployment. The Great Depression lasted from 1929 to 1939 and impacted millions of families and individuals in the United States due to the economic decline that prevented people from being able to work, eat, or support themselves. During these times of great despair, all United States citizens depended on their president for saving. Franklin D. Roosevelt, the president of the time, helped navigate the United States to the finalization of the Great Depression to the greatest extent by advocating for proactive government intervention, and inspiring hope within the nation by providing relief measures. Franklin D. Roosevelt's decisive leadership during the

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This time period was painful. The collapse in the monetary base controlled by the Federal government during the recession was the largest in United States history (Murphy). People were forced out of their jobs all across the face of the nation. Companies fell apart because they could no longer support their workers and the items they were producing. Thousands of farms and companies disappeared.

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As the 1930s has had many struggles for the people, the presidents also faced lots of adversity. Some of the adversity the presidents faced was that Hoover had the bonus army, which were retired veterans that got forced back into war to serve in the army. Many people were mad at Hoover that got forced back into the army at this time because they did not get paid when they thought they were going to get paid. President Hoover also had to help Americans by raising tariff prices on goods. This was because of the lack of money that the economy did not have.

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When there were so many bank failures, people would lose all their money and become poor overnight. After a while this resulted in so many families becoming homeless. Many teenagers would leave home because they saw their parents struggling to find jobs and having so many mouths to feed. Some teenagers would leave to look around for work to get cash to send their family back home. Teenagers would even run away and “more than a quarter million teenagers were living on the road in America, many criss-crossing the country by illegally hopping freight trains” Uys, Michael (1997, January)

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Although the result of the Great Depression did not go in favor of Hoover, he did try to improve the situation by making changes which ultimately made the situation even worse. One defeat Hoover had as President was the signing of the smoot-hawley tariff. Hoover signed the tariff so he could get more money from other countries. But by signing it, other countries turned their backs to America because the cost to import materials into the US increased. By this cause, the citizens of the US thought that Hoover did not care for the wellbeing of the citizens.

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