Great Depression DBQ

The Great Depression was an economic downturn in America that lasted from 1929 until about 1939, making it the longest lasting depression ever experienced by the industrialized world. The stock market crash caused a chain reaction that involved problems such as unemployment, deflation, an increase in debt, and general poverty for lower class citizens. Attempts at escaping the depression weren’t altogether successful. In fact, most of the efforts resulted in high consumer debt as well as over optimistic loans given to the public by banks and business investors. The Depression caused severe political changes in the US as well as its obvious economic failures. After three years of the depression, Herbert Hoover lost the presidential election

The Great Depression was caused by the stock market crash in 1929. The Great Depression was very sad time for Americans, who faced many adversities which ultimately changed the way they lived. During this period of time unemployment rose to nearly 25% of the population, those who did not lost their job saw a dramatic decrease in their pay.

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.

The Great Depression has to one of the most “Depressing” time that America has ever been through thus far. I say that because that specific event hit directly at home and pretty much everyone was affected. At the end of this event many changes in organization of government and relief/recovery efforts for unemployed people. President Roosevelt sought out to help this people, creating new organizations made specifically for a certain help. Under his rule the entire government had went through a type of renovation through his efforts.

During the 1920s the American people led themselves to their economic demise. In America, the Great Depression occurred during the 1930s after the crash of the stock market. “The Roaring Twenties”, which occurred before the Great Depression, was a time when the assembly line created more jobs and money to be used. This new economic prosperity, brought about the stock market, in which hundreds of Americans put in their money in hopes of their company making profits. The Great Depression was caused by stockholders using more money then they could pay back, workers using the non-shameful credit to buy products, which led Americans into debt, and the lack of demand, when there was an increase in supplies.

The Great Depression time period took place between the years 1929 and 1939 and it affected millions of Americans through all its time. Several people like Herbert Hoover, Franklin Roosevelt, and Dorothea Lange served an impact during this time. The stock crash of this time period left a decade of consequences for the lives of many Americans. The economic plumet of the 1930’s can also be related to our economic standings today.

There are many beliefs and reasons why the Great Depression happened and when did it occur. Overall the strongest belief of what caused the Great Depression was the crash of the stock market. Along with the the crash of the stock market other reasons of why the Great Depression happened were suggested to do overproduction, buying installments, and purchasing stocks.

Meanwhile, There was not just one cause to the unemployment there was three. The first one of the main cause was there was not a healthy economy. The healthy economy was going down dramatically. The economy was what made people lose their jobs because there was no money they were getting from it and why have a job when you can't get any money.Also, because the bosses of the job let go the workers because they couldn’t pay then anymore. The Second cause of the unemployment was that there were huge bank failures. The bank was getting too many loans from people so they were running out of money. If people had their savings in the bank, they lose it because of all the loans. The third and final causes of unemployment was it brought conditions in the 1930 it was such proportional and that mini cooper did not even pay for their taxes. I would say all three of these causes were all political, economic and sociological because they all had to do with the people and the

The Great Depression, was caused by a number of weaknesses in the economy. It begun with the dramatic crash of the stock markets, bank failures, and unemployment was approaching 15 million people, or 30% of the workforce. 1/3 of the farms in the state of Mississippi changed hands because of foreclosure. Farmers, couldn’t sell crops because of over production.

The Great Depression of 1929 was a horrible time where American and its people had to suffer from poverty and hunger. The reasons for the Depression as stated on page 4, were “...a number of serious weaknesses in the economy.” examples such as people borrowing money they could not give back, wealthy making more money, and even the cost of WW1 cause problems. These all lead up to the U.S. stock market crash of 1929, were “thousands of investors were ruined and confidence in the economy was destroyed. ”(page 4)

The 1930’s was a decade of hardship and despair in Canada. It was truly a terrible time, as the economy crashed, many people lost their jobs, and poverty rates skyrocketed. Many people couldn’t afford basic needs like food water, and shelter.

America has been through many depressions. But it took an amazing president to solve the problem. Franklin D. Roosevelt has did many things for America. He brought us out of the Great Depression and his policies has helped us all.

A devastating event such as the Great Depression occured in 1929. In the month of May the stock maret had a change. Bankholders lost more than 30 billion dollars, although bankers began to regain the losses it wasnt enough. Bank failures began taking place in the 1930’s, due to uncertain banks, many people began to loose their savings. Because of the stock market crash many people from all classes stopped purchasing items. This led to a reduction in item production and a decrease in the workforce. Due to bussiness failings, the government created a tariff that protected companies in which created a high taxe charging in imports causing the decrease of trade with foreign countries. The result of the great depression were immense across the globe

The Great Depression is said to be one of the worst tragedies in american history, the stock market, economics, and how the americans lived, but how was this caused? The great depression had many things leading up to it but the stocks was the main reason this happened.

The great depression in america which was from 1929 to 1939 was ten years of disaster for the economic’s of America. This economic disaster was caused by the stock market crash in 1929 losing millions of investors. The years before the great depression were amazing things were going so well for america stocks were going magnificently and money was flowing through all lives of Americans until 1929 the crash this was caused by to many people selling at the same time. People sold their stocks because stocks were going way to well beyond the means of people. So when rapid amounts of people are selling and not many people buying it causes the market to crash therefore businesses to crash therefore jobs to be lost then to no income for the people.