Effects Of Depression In 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 was a very influential era in American history, affecting many future generations. One of the most prevalent impacts it had on society was the extreme poverty that swept across the nation, affecting both people in cities and in the country. The main cause for this poverty was the mass loss of jobs among the middle class. Millions lost their jobs and consequently their homes. Families lived out of tents and cars in shanty towns or Hoovervilles. In these camps, many people didn’t have their basic human needs met, children and adults alike starved. They lived in clothes that were caked in dirt and tattered, too small for growing children and too cold for the frail elderly. Government relief programs attempted to help but offered little support to the now impoverished families of the millions that lost everything.

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 a period in time where millions of Canadians had suffered from hunger, unemployment, homelessness and an economic downfall. The horror of the Great Depression took place in 1929-1939 and had lasted for a decade affecting millions of people worldwide. However, Canada had been impacted the most. The lasting horror of the Great Depression resulted in disastrous impacts on the economy. This was due to the Stock Market Crash, the construction of useless relief camps to open job opportunities for men, and the lack of raw materials which affected the lives of many farmers.

Destruction, debt, damage––just a few words that describe the dark age of Prohibition. America, in the midst of a decade of booming economy, thriving art, and post-war excitement, became shrouded in the dark cloud of Prohibition. The years following would be tainted with illegal behavior, sneakiness, and a culture desperate for alcoholic libation. It’s easy to claim that while the 1920’s were certainly “roaring,” they would have truly been the Golden Age, if not for the Prohibition.

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 time of tragedy and despair. There are several factors, which have contributed to the health of the nation during the Great Depression. While there were setbacks, there were also improvements during this time. Disabling diseases were more common in low-income families. However, cures for diseases were also found. Studies have found that the life expectancy increased during and after the great depression.

The 1920s seemed to promise a future of a new and wonderful way of life for America and its citizens . Modern science, evolving cultural norms, industrialization, and even jazz music heralded exciting opportunities and a future that only pointed up toward a better life. However, cracks in the facade started to show, and beginning with the stock market crash of 1929 the wealth of the country, and with it the hopes and expectations of its people, began to slip away. The Great Depression left a quarter of the population unemployed and much of the rest destitute and uncertain of what the future held. Wealth vanished, people took their money out of banks, and plans were put on hold. The most significant way in which the Great Depression affected Americans’ everyday lives was through poverty because it tore relationships apart and damaged the spirit of society while unexpectedly bringing families together in unity.

As you are walking with a group of friends waiting to jump on the rusty train coming 120 miles per hour towards you, you wonder if your family will be heartbroken when you leave them. In the Great Depression, children didn’t get the good education they deserved. Kids’ parents were part of the reason they didn’t get a good education and for not having much clothes to wear. The children of the Great Depression didn’t have a childhood like we did when we were little kids. Children didn’t get to go outside and play with their friends or go to school and play at recess. They had to help their family get food and money by working instead of going to school. The Great Depression had many horrible effects on children including lack of education, unemployment, orphaned kids, and Boxcar Kids.

The Great Depression had a negative effect on the American people. One reason the Great Depression had a negative effect on the American people is the Great Depression made many people lose their jobs. Another reason the Great Depression had a negative effect on the American people is the people had to shut off their gas so they could save money. The final reason the Great Depression had a negative effect on the American people is many farmers lost their jobs. Here are some reasons why the Great Depression is so negative.

Many people speculate that the stock market crash of 1929 was the main cause of The Great Depression. In fact, The Great Depression was caused by a series of factors, and the effects of the depression were felt for many years after the stock market crash of 1929. By looking at the stock market crash of 1929, bank failures, reduction of purchasing, American economic policy with Europe, and drought conditions, it becomes apparent that The Great Depression was caused by more than just the stock market crash. The effects were detrimental beyond the financial crisis experienced during this time period.

“Shrunken perhaps by the vicissitudes and exigencies of the times, Broadway presented itself admirably throughout the Thirties. It not only managed to preserve the best, but also nurtured and expanded them. At the brink of the new decade, Broadway stood smaller but brighter”

II, and how the Great Depression ended on October 18th the stock market began to crash. Panic

The Great Depression is a defining moment in time for not only American, but world history. This was a time that caused political, economical, and social unrest. Not only did the Great Depression cause a world wide panic, it also caused a world wide crisis unlike any before it. This paper will analyze both the causes and the effects of the Great Depression in the United States of America.