Economic, Environmental, Social, And Economic Impacts Of The Great Depression

The Great Depression was a dark time in American history that lasted from1929-1939. It began after the Stock Market crashed on October 19, 1929. According to A Biography of America: FDR- The Great Depression, “It was the deepest and longest lasting economic downturn in American History” (A Biography of America). As a result of the Great Depression one out of every four Americans was out of work. The Great Depression resulted in a life for Americans that was plagued by overproduction and under-consumption of products, starving families were forced into bread and soup lines, and thousands of agricultural workers became migratory workers in order to survive.

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.

The Great Depression was an economic collapse that began in 1929 and ended in 1938. During the Depression most citizens went through hardship .Three main causes of the Great Depression were the stock market crash of 1929, the Dust Bowl, and Bank failures.

The Great Depression remains to be the worst economic slump ever in American history and one which spread practically all over the industrialized world. The Depression bombarded in late 1929 and lasted nearly a decade. Many factors elemented the depth of the widespread prosperity. However, combined, the greatly unequal distribution of wealth throughout the 1920's and the extensive stock market speculation that took place during the latter part that same decade remain the key of all elements.

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.

Everyone knows about the “roaring 20’s”. Some people may only know about the 1920’s through Scott Fitzgerald's The Great Gatsby, where it was described as a time full of lavish parties and fancy dresses. But of course the parties were not all that was to be remembered. Some of the nation’s most memorable moments happened in the 1920’s. From Chicago to Springfield, Illinois had a lot of action in the 1920’s.

The Great Depression was the largest economic crisis after in 1929, and had many impacts on the American lifestyle. From events such as World War I, The Newfoundland Railway, and the global economic recession all played a part in shattering the economy. A mass of unemployment and starvation hit the United States as a tsunami, and the government had few ways to curb the downfall. Without money to fund social services and other programs, the government and banking systems found it difficult to provide for those in need. The Great Depression was valuable for shaping and molding the American economy through hardship, endurance, and grit.

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 of 1925 lasted until about 1939, was the worst, longest and more severe economic depression in the history of United States of America. The depression caused a great harm to Americans because some of the banks were closed and some people also lost their jobs. Although it originated from United States, The Great Depression caused a huge decline in outputs and acute deflation nearly to every part of the world. Some of the causes include bank failures, reduction in purchasing across the Board, drought conditions and other as listed below.

The Great Depression is perhaps the worst economic time the United States has ever seen. It was the longest, deepest and the most widespread depression of the 20th century. The Great Depression was not exclusive to the United States, it was an economic depression that affected many other nations in the world. The Great depression started in 1929 and ended in early 1940 when the second World War started. The 1920s, also known as the “Roaring Twenties,” was a decade of economic growth and prosperity, but little did the people know that and economic downfall was just around the corner. The beginning of the Great Depression sparked when industrial production declined, businesses collapsed, unemployment skyrocketed, failure of the American banking

The Great Depression was the worst economic downturn in the history of the industrialized world. It began after the stock market crash of October 1929.The Great Depression affected the people through their jobs, their health, and their living conditions. The Great Depression lead to people losing their jobs therefore the unemployment rate rose from 3% to 25%. By 1932, over 13 million Americans had lost their jobs.

The Great Depression has been labeled as the worst economic depression in the United States History. “On September 3, 1929, the Dow Jones was at a high of 381 points, and on October 29, 1929, it had fallen to 41 points after a week of panic selling.” http://thegreatdepressioncauses.com/causes/. Things started to become unstable as many people were getting rid of their stock. Banks were so confident in the stock market and because of that, they gambled the consumer’s funds in their bank accounts and invested these funds into the stock market. “Seeing a few banks close caused another panic across the country. Afraid they

“My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don 't be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA.” This quote from a child who was born and raised during the Great Depression is telling us something that used to be true to nearly everybody and is not as true as it should be today. This is an idea in which the majority of the families who survived the Great Depression lived by, and some still live by today. The Great Depression had a dramatic effect on many, and it affected almost every demographic not just the poor or the rich, and it

The Great Depression endured from 1929 to 1939 and was the most exceedingly terrible financial melancholy in the historical backdrop of the United States. Financial specialists and historians point to the share trading system crash of October 24, 1929, as the begin of the downturn. Be that as it may, in all actuality numerous things caused the Great Depression, not only one single occasion. In the United State, the Great Depression disabled the administration of Herbert Hoover and prompted the decision of Franklin D. Roosevelt in 1932. Promising the country a New Deal, Roosevelt would turn into the country's longest-serving president. The monetary downturn wasn't recently limited to the United States; it influenced a great part of the created world.

The Great Depression is the worst economic downfall in the history of the modern western world. In this time banks were failing, people were losing jobs more and more each day and investments lost all value, people even burned money for warmth. The Great Depression was felt in nearly every nation around the world, but Europe and the United States was where it mainly took place. This economic downfall lasted for 10 years and changed the entire world, not just with a shortage of money but also a shortage of people.