In the year 1929, the biggest economic crisis in U.S history would take the United States by storm. This economic crisis would drastically change the lives of Americans for decades after. The stock market crash in 1929 signaled the beginning of the great depression. This would result in high unemployment rates, issues with poverty, homelessness and would bring hunger to millions. It also affected farms and agricultural businesses resulting in even bigger problems later on.
One of the most significant effects of the great depression was the high unemployment rates. Because businesses were not gaining enough money to pay their workers, millions of people lost their jobs leading to a huge poverty crisis. People would end up homeless and hungry
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Roosevelt were the two presidents who served during the great depression. Hoover served from 1929 to 1933 when the great depression first began while Roosevelt served from 1933 to 1945 attempting to lead America through the great depression. Herbert Hoover didn't really do much during his presidency when it came to the great depression. He believed self reliance was really important so he thought it would be best if the government were to not get involved with the economy at all because he thought it would fix itself. People did not like him for this reason and that is why they named homeless shelters and towns after him. However, Hoover did make an attempt to help banks when he saw the situation getting worse and worse by creating the Reconstruction Finance Corporation. He wanted to give banks loans to help the businesses that were struggling. This helped a little during the crisis but it was too little too late ultimately not helping very much. Roosevelt on the other hand was much more motivated to help fix the crisis. He was involved in a plethora of programs that were known as the new deal. Most notably, the new deal was putting people back to work and the economy was slowly being rebuilt. Roosevelt also signed for the social security act which gave retirement benefits and funds to people over the age of …show more content…
The great depression sparked the beginning of the dust bowl. The dust bowl was a series of dust storms caused by both natural and manmade factors. The dust bowl had a huge impact on americans. The dust bowl ruined peoples farms and their crops so they weren't able to make a living off of their farms resulting in them being forced to abandon their homes and farms. The loss of their farms and homes caused a lot of people to migrate to different parts of the country hoping they would find work. The dust bowl also had a big impact on people's health and well being living in those areas. All of the dust particles would cause respiratory problems for people because of all the dust they were inhaling and would sometimes end up fatal. Because of the drought during this time, there was a massive shortage of clean drinking water. The dust bowl scarred people's lives even after the dust bowl was over. The people who lived through it kept the habits they built during the dust bowl like double rinsing out a glass before drinking from