Great Depression Changes

Mel Wrona Prof. Hannah Powers HIS 122 – 20H 05/09/2024 Final Exam: Written Portion 1. What factors led to the Great Depression? One of the factors that led to the Great Depression was the stock market crash of 1929, where the stock prices fell astronomically during the months of September through November 1929. Another factor was the overconfidence in the economy following the prosperity of the Roaring Twenties which encouraged people to borrow beyond their means and overinvest. Thirdly, the Smoot-Hawley Act raised U.S. tariffs by an average of 16% (the largest peacetime increase in history), but this backfired when other countries began imposing tariffs on U.S. exports.

After a series of stock market crashes, the United States’ economy descended into a period of contraction. For more than ten years, the United States suffered through this state of economic despair also referred to as the Great Depression. President Herbert Hoover was in office at the time and found himself amongst the greatest era of economic declination. His response was to devise countermeasures to the depression that he felt would be most beneficial to the country. He began by requesting of large corporation heads to resist cutting employees’ wages and positions and instead reduce the margins of profit they accrued. He also pumped money into public works projects such as the construction of highways and government institutions. In addition

The Great Depression 1929-1942 was the economic downturn. On October 29, 1929 the stock market crashed wiping out millions out of work. The economic slowed down and then it shrinked in size. It then progressed to a recession and then to a panic. This progressed over the years and a series of bad decisions to slow down the economy into depression. Which then led to WWII.

Forsaken by her best friend and left to suffer the consequences. This is the situation that is present in “Lysandra’s Poem” by Wilson Budge. Lysandra herself faces this scenario after her best friend, Elaine, deceives her. Elaine has not only allowed Lysandra to be bullied by other students, she also uses cynical methods to ensure she is at an advantage for the poetry contest. As well Elaine has manipulated Lysandra. For these reasons Lysanda is justified for her actions.

An economic upheaval, a change of life, a mark in the history books- the Great Depression not only affected America’s economy but also showed the world how truly interconnected all nations’ economies are. The luxurious lives of the Roaring Twenties were turned upside down by the Great Depression. The origins of the Great Depression stem from the American economic policy with Europe, the bank failures, and the stock market crash of 1929.

Unemployment skyrocketed. Without jobs people lost their homes. It was such a disaster. Things turned around but just took some time. Once Roosevelt became president in 1932 he made sure to push for changes. The New Deal was his plan for recovery. The New Deal kept banks opened. This New Deal put people back work. Due to the WPA The Workers Progress Administration program employed so many. There were many schools, roads and even hiking trails to be built and planned out and this was the prefect job for someone who was kind of desperate and just wanted to work. In the end to many thought that President Roosevelt was a hero because it was obvious he cared deeply for the people. Roosevelt did his best to end the depression. The new deal eased the hardship of the Great Depression. Things were still horrible by the end of 1930s but there was light at the end of the tunnel. The Great Depression lasted from 1929 to 1941 but once the War started there were other things to focus on. There were things that were needed for the war such as Weapons, artillery, ships, and airplanes were needed quickly. Men were trained to become soldiers. The woman of course was left to take care of the home life and keep the

Following the economic boom of the 1920s, there was a period of economic depression. The United States and its citizens were greatly affected. There were many economic problems that occurred such as unemployment rate rising tremendously and many more. Herbert Hoover and Franklin D. Roosevelt were presidents during that time and dealt with the economic problems. They helped create programs to financially stabilize the country again. The Great Depression ended when the United States entered World War II.

“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”

The Great Depression was a severe worldwide economic collapse that occurred in the 1930s. It was a pivotal moment in American history. Its effects were not only felt in the United States, but spread worldwide. In response and as an attempt to rectify the calamity, President Franklin D. Roosevelt launched a set of federal programs called the New Deal.

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.

Describing a period of poverty and confusion, the late 1920’s can be described as being an early World War II. Leaving an era of excitement and entertainment, the great depression that hit The Unites States of America was a reflective shock. There were numerous reasons for the Great Depression, some of which incorporate "The Great Crash" of the stock exchange, absence of spending by the normal individual, the Smoot-Hawley Tariff Act and a gigantic dry spell in the Mississippi Valley. From this across the nation emergency came Social Security as we probably am aware it, the formation of the Tennessee Valley Authority Act, the production of the SEC and stricter managing an account and securities exchange controls. Generally speaking the Great Depression largely affected The United States. One of the biggest and longest lasting effects of The Great Depression was the effect on employment.

The America in the 1930s was drastically different from the luxurious 1920s. The stock market had crashed to an all time low, unemployment was the highest the country had ever seen, and all American citizens were affected by it in some way or another. Franklin Delano Roosevelt’s New Deal was effective in addressing the issues of The Great Depression in the sense that it provided immediate relief to US citizens by lowering unemployment, increasing trust in the banks, getting Americans out of debt, and preventing future economic crisis from taking place through reform. Despite these efforts The New Deal failed to end the depression. In order for America to get out of this economic

Coming out of the Great Depression, production for the war effort stimulated the economy. Draftees-cum-GI's left for war, and women took over factory jobs. Prosperity was returning. And, most importantly, the War was Over There.

What was the world’s greatest economic disaster and left millions of citizens unemployed for years? The Great Depression was a major economic disaster which left the people of the world shocked. Many countries were already left in a bad position due to the effect of World War I. Countries that bought and sold on the international market were affected. The United Kingdom, France, and Germany were just a few of the affected countries that had a difficult time getting their country back to great economic shape.

In the end, it was World War II that brought us out of the Great Depression. With war at hand, the government began pumping massive amounts of money into the economy. Production and inflation increased. More jobs were available and wages rose. At the