What Caused The Great Depression Essay

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The Roaring Twenties was a great time for many people. It lasted from 1920 to 1929 and many new things came from those years. The Roaring Twenties was even called “The Age of Intolerance,” “The Era of Wonderful Nonsense” or “Jazz Age”. Lots of citizens were living in cities and had started gaining money. They gained money because people had started investing money in the stock market. Then, on October 29, 1929, the stock market had crashed. There were many factors that led to the Great Depression, but the stock market crash was one major factor that led to it. During the Great Depression, many people had lost their money and were becoming unemployed. As a result, this led to many people going into debts. At the time, when Herbert Hoover was president, he was blamed a lot for not doing enough to stop the economic downfall. During the 1932 presidential election, citizens had to vote for Franklin Delano Roosevelt or Herbert Hoover. When the votes came in, Franklin D. Roosevelt won Hoover by a landslide. During his time of presidency, Roosevelt had introduced many programs and organizations that could possibly help the economy. It was called the New Deal. It was …show more content…

Many programs were set up around the U.S. since unemployment in the theatrical category was down. The FTP funded theatres, live artistic performances, and entertainment programs during the Great Depression. One performance from the FTP was Macbeth. It wasn’t the original Macbeth, however. It was more of a rethinking of it. Macbeth was sold-out for 10 weeks and had a 10-day run at another theatre before touring in other FTP theatres. However, critics complained about the rethinking of Macbeth, saying that it wasn’t the original Shakespeare. Though the critics didn’t like the rethinking of Macbeth, many units of the program still continued with the

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