Depression And The Great Depression

The Great Depression wasn't the first depression this country has ever seen, but by far it was the worst and longest economic decline in history. The Depression officially began on October 29, 1929, which is known as Black Tuesday today; the ripple effect started after the Wall Street Crash of 1929. Wall Street was the banking district in New York where the New York City Stock Exchange (NYSE) was located (Wroble 14). The Depression lasted for a lengthy ten years. While Franklin D. Roosevelt was running to become the 32nd president of the United States, he promised to have all the solutions on how to handle the Depression and get America back to its former beauty. When Franklin became president on March 4, 1933, he immediately put all his ideas together and called them The First and Second New Deals, both programs helped repair and restore the nation in economic and emotional ways.

The Great Depression first started as early as 1928, but did not affect the United States until 1929. The Great Stock Market crash started the event of the Depression here in America, but was not the main cause to why it happened. During the early stages of the depression, President Hoover failed to help the economy and continued with his belief system of giving people the least help they needed, so they can earn themselves a rightful spot with pride, not with government’s help. The Great Depression was a very intense experience for us, even until today, the

The Great Depression started in 1929 and lasted up until 1939. It happens to be the worst economic downturn for the United States and the the rest of the world. It caused companies and corporations to eventually go bankrupt as well as workers to be laid off. Another effect of The Great Depression is that factory production was reduced, and the banks started to shut down. In the lowest point of The Great Depression in 1933 nearly 15 million workers in America were unemployed and one half of the banks started shutting down.

When most people hear the phrase “The Great Depression” they only associate it the crash of the stock market and the hard times that followed. Here in the Midwest, when we think of the Great Depression we also think of the Dust Bowl and the Dirty Thirties. The Great Depression was a very climactic end to a series of poor choices that greatly affected the entire United States.

The great depression was an event that impacted the U.S in a very drastic way. It caused many to lose their jobs, therefore losing wealth. It was a long lasting economic crisis during 1929. Lasting until 1940s. It started the beginning of involvement from the government to the country’s economy and also the society altogether. The government wanted to find ways to end this. After almost a decade of prosperity and high optimism , the U.S is now faced to a period of despair. Many had to recover from this downfall and it was hard for them. No one was ready for this event known as Black Tuesday. The Great Depression impacted the americans and cause 20 - 25 million of americans to become unemployed and banks came to fail. The great

The Great Depression was a dreadful worldwide economic depression that occurred in the 1930s and it was the most profound and longest depression in the American History, which lasted from 1929-1939. Although the Great Depression began soon after the crash of the stock market in October 1929, it is too straightforward to say that that was the major cause of the Great Depression. This crash did not by itself cause the Great Depression. Even before the year 1929, signs of economic trouble had become evident. (Give Me Liberty! An American History, 5TH Edition, Eric Foner, Pg 811).

The Great Depression is one of the most misunderstood events in not only American history but also Great Britain, France, Germany, and many other industrialized nations. It also has had important consequences and was an extremely devastating event in America. It was the longest and most severe depression ever experienced by the industrialized Western world. When the New York Stock Exchange crashed in October 1929, the United States dropped sharply into a major depression. The world was in wide demand for agricultural goods during World War I, but they had rapidly decreased after the war and rural America experienced a severe depression throughout most of the 1920's and even on into the 1930's.

The Great Depression is a major event in history. The policies led the rich to get richer and the poor to get poorer. Many people had no money and no jobs.

In 1929 the stock market crashes due to an unstable economy, over speculation and Government policies. Many people think that the stock crash was to blame for the Great Depression but that is not correct. Both the crash and depression were the result of problems with the economy that were still underneath society 's minds. The depression affected people in a series of ways: poverty is spreading causing farm distress, unemployment, health, family stresses and unfortunately, discrimination increases. America tended to blame Hoover for the depression and all the problems. When the 1932 election came people weren’t very fond of Hoover, but Roosevelt on the other hand introduced Happy Days and everyone loved that idea.

     The Great Depression was a huge economic downfall in North America and involved many other industrialized countries of the world. The Depression began in 1929 and lasted for about ten years. Millions of people lost their jobs along with many businesses going bankrupt. The common misconception of the Great Depression is people think that the stock market crash was the main cause for it. There were many causes for the Depression; unequal distribution of money during the 1920’s was the main cause of the Depression. This unequal distribution happened on many different classes of people. The imbalance of money is what created such an unstable economy. The stock market was doing much worse than people thought

The Great Depression had a major effect on people.The Great Depression started on October 29, 1929-1939.This period was a time where many things went wrong.For example the family had to do without everyday essentials, “...the winter crop has spindled out and died.” said the farmer to his family, and the [people had to get help from the president with stuff they owned.

The Great Depression was one of America crucial time for unemployment’s, banks failed, and many family suffered in this era. Great Depression lasted 10 years from 1929 to 1939 it was the worst economic upset in the history of the industrialized world. It started off on “Black Thursday” investor and traders sold 12.9 million of stock in one day which ended up triple the usual amount and the next couple of days’ stock prices dropped 23 percent which was called the stock market crash of 1929. This began when the stock market crashed in October 1929, by this it sent Wall Street into panic and eliminated millions of investors. As years went, many consumer’s spender and investors dropped cause steep declines in the industrial and employment as

The Great Depression (1929-1939) is a big part of history. Lots of people lost their jobs and went poor. Banks closed and companies went out of business, and stock market crashed. People had to form lines for free food and clothes. At first, the government did not care to help. That changed when Franklin D. Roosevelt won the election of 1932 against Hoover.

The Great depression was a devastating time that began in 1929 and lasted till the 1940’s. The country’s economy plummeted dramatically during this time a lot of deaths happened from starvation and diseases. Also, the country was affected because the great depression spread throughout the trade market. The unequal balance of wealth, the stock market crash, and the debt from WW1 all contributed to the great depression.

The great depression was one of the worst economy issues we have ever had in history. It was a hard time for everyone. The great depression started in 1929 till 1939. Tons of banks closed down and about 9 million savings accounts were lost. Tons of companies and factories went under. About 15 million people were unemployed.