Great Depression Dbq

The collapse of the stock market in 1929 marked the downfall of America along with the constant dustbowls. Document 3 shows a chart of the stock market crash of 1929 and how it increased the rate of unemployment in the United States. It

One of the most severe worldwide economic downturns in history is known as the great depression. Numerous amount of issues and problems were taken place between the years of 1929-1939. The great depression brought a rapid rise in unemployment, bank failure, and much more. Despite the wide range of issues, Franklin D Roosevelt was actually concerned about the depression. Roosevelt's response to the great depression was very effective because he had launched the new deal, due to the uprising problems and issues of the great depression.

The Great Depression of the 1930’s was caused by many problems. They include overproduction, monetary policy, war debt, tariffs, the stock market crash, and unequal distribution of wealth. These each play a specific and intricate role in bringing the U.S economy to its knees.

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.

During the Great Depression unemployment had sky rocketed to number unimaginable in such a short period of time. Unemployment spiked in early 1920s, then peaked in 1933, and then rose again in 1937-38. “Roosevelt Recession” of 1937-39 caused by reduction in federal government spending. (Doc J.) FDR replied to this by creating organizations that were for the good of the people and was intended to help bring the help/relief and stop the pain and suffering they have previously been through. The government would then not be as involved with the “Business Community” say they could respond to economic problems better than the government(Doc B.) Doing that could allow them to run their businesses the way they want and be able to act freely giving them more freedom.

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.

As people became unemployed, the economy suffered because these workers were unable to purchase things. For example, Document 4 shows that at the beginning of 1933, the US employment percentage was above a quarter of the population, and from 1931 to 1940 the unemployment percentage was in the double digits. These large unemployment percentages had a devastating effect on companies who were trying to sell their products to consumers who are always a major driver of the economy. High unemployment along with the stock market crash were a few of the main causes of the Great

The Great Depression was a time period when the US economy was in bad conditions. It lasted from 1929 to 1941, 12 years. The Great Depression was caused by over producing supplies and the stock market crash. Before the New Deal many Americans lived in makeshift communities called Hoovervilles because they couldn’t afford living in their houses any longer. Some people starved because they couldn’t pay for food or the food wasn’t able to get to their towns.

“What caused the Great Depression?” The Great Depression was one of America’s most influential stepping stones. It helped shape society and the economy for the better, but it caused the most damage. Millions nationwide were affected by the economic fall. Unemployment rates were high and more than thousands were forced to leave their homes.

“At one point in the Depression, the cupboard was literally bearing of money.” What effect did the Great Depression have on the people who lived through it? The jobs they had, how they had to use their money, and the help they had to get.

In the year 1929, after a century of Americans being filled with a great sense of being alive and chasing after the American dream with new opportunities in front of them, everything Americans had worked so hard to establish came crashing down. On one fateful day the stock market crashed, leaving Americans all over the nation scared, penny less, and uncertain feelings about what the future would hold for them. The days leading up to years following this crash became known as the Great Depression a time where Americans struggled to get by or even had to leave the only home they’ve ever had when it comes to the dust bowl. The Great Depression posed a great hold on American economy leaving people unemployed and immigrants

The Great Depression went from 1929 to 1939. It was a very long and difficult time. Everybody was affected. It was a long and difficult time where everybody was affected. Nobody had jobs so kids didn’t have the money to go to school.

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.

Prior to the great depression, the U.S. economy alternated between periods of prosperity and sharp economic decline. During the great depression, aggregate demand dropped sharply, causing the price level and real GOP to decline. As aggregate output declined, the unemployment rate jumped, climbing from around 3 percent in 1929 to 25 percent in1933.