Great Depression Dbq

The conservatives introduced the unemployment relief act, giving the provinces $20 million for work-creation programs. This, however, did not aid economy much. Also, Bennett tried to raise tariffs in order to protect Canadian industries and get into the world market. He raised the tariffs by an average of more than 50 percent, which did protect some businesses, but it actually caused more harm than good. These tariffs made other nations set up trade barriers against Canada. He introduced the Prairie Farm Rehabilitation Act in 1935, which helped farmers build irrigation systems and reservoirs, but by this time, because of drought, poverty, and locusts, most families had already left their farms to go to other places. Finally, he created a national network of work camps for unemployed single men who needed work and shelter. These work camps allowed men to work for them (roads, clearing land, digging ditches, etc) for a pay of 20 cents a day. They were also given a place to stay and food to eat, but the food was terrible and the bunks were often bug infested. In spite of these conditions, 170 000 men spent time in these camps, which reflects the desperation that some of these people had.i

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

To begin with, the first cause of the Great Depression was the bank failures during that time. Prior to the Stock Market Crash of 1929, banks were renting out money to consumers without doing any kind of speculations. The people who rented the money would then go on and invest that money into the stock market not knowing it was going to crash. Once the market crashed, banks were dealt with a huge deficit

President Hoover believed that the primary cause of the Great Depression was World War One because of debts and reparations it created. Under the Versailles Treaty, Germany was liable to pay $33 million in reparations to France and Britain. To pay the money, Germany had to borrow money from American banks. Similarly, France and Britain also owed America $10 million, some of which they paid back with German reparations. Then, credit in America dried up and the economies of France and Britain also failed.

The major causes of the Recession and the Great Depression were the actions of the federal government. Before the Great Depression, the Federal Reserve kept interest rates low in the 1920s and raised interest rates in the early 1930’s. President Hoover’s regulations damaged trade and American exports throughout the 1930s. Finally, the President signed a large tax increase into law in 1932, which hurt businesses and affected everyone.

The Great Depression occurred due to long-term causes such as industries, banks, and consumer spending. First, industries caused the Great Depression. The three main industries were coal, railroads, and homes. In the coal industry, it lost 50% of its profit to hydroelectric and natural gas plants, resulting in unemployment. Other companies and businesses who relied on the coal industry started going out of business and losing workers. The railroad industry also lost workers due to truck, buses, and cars. Businesses who built homes also lost their workers due to low demand for glass, lumber, landscaping, plumbing, etc. because of the insufficient amount of money being earned. People couldn’t look for new jobs because they did not have the skills

Firstly, there are many factors that contributed to making the Great Depression start. Over-production and expansion was a problem because almost every industry was expanding in the 1920’s. Industries made products quickly that weren’t selling and in order to slow down

There were many causes of the Great Depression, but one of the biggest causes was over production. In the 1920s, companies were producing items such as radios and cars, but they were producing these items way too fast. Therefore, once a family had one car and one radio they did not need that item anymore. This made the demand for products go down, therefore, there was too much supply and the big businesses ended up laying off their employers. Moreover, more and more people weren't able to buy the cars or radios so after the people got laid off they were not able to buy the businesses products. The overproduction impacted the workers and big business as a whole. Since the overproduction was the very beginning of the cycle and impacted everyone,

There are numerous causes for the Great Depression, but with intensive research we have narrowed it down to a few specific origins. Some of the contributing factors to the Great Depression included the stock market crash, banks failing, poor education about money, agricultural problems, and President Hoover having a “do little” attitude. Almost overnight the United States went from a bustling “Roaring Twenties” to a dreary depression.

The major causes of the Great Depression in the United States all began with the expansion of the US economy as a result of World War I during the 1920s. A bubble formed in the United States Stock Market as a result of speculative trading due to the ease of buying and selling stock with new ticker tape technology as well as telephone lines that allowed for market transactions from all over the country. The Stock Market crashed on what is known as Black Tuesday, October 29, 1929, and the panic that ensued in the rush to withdraw money resulted in many millions of Americans losing their entire savings, and hundreds of banks closed as a result. (About the Great Depression, 2012) The Great Depression was not simply a problem in the United States, however, as many of the weaknesses of the depression occurred overseas, in Europe. The continent was ravaged during World War I, and many millions of young men perished in the war. The depression meant that Europe, which was already struggling after the destruction of World War I, was unable to stabilize itself, and many former powerful countries resorted to political change as a way to strengthen themselves.

The cause of the “Great Depression” in the United States was mainly about half of the nation’s banks failing, the government overspending during World War I and the unemployment rate increasing by 30 percent which included 15 million people.

The great depression had many causes from different places of the world, in North America and Europe it was caused by insufficient purchasing power of the middle and wealthy classes, the fallen of crop and commodity prices, the stock market dependence on borrowed money, and the wrongheaded government policies (including high tariffs

The true cause of The Great Depression is still in discussion by economists. Many believe the factors involved were, a drop in export prices and sales, a fall in overseas loans leading

When all the soldiers came home from the war, they were all looking for jobs. With all the factories closing that supported the war, there were almost no jobs available. Women were pushed to give up there jobs for the men coming home. When the depression hit lots of factories and businesses were closing down and many people were in loss of jobs. In the year 1933, 30% of Canadians were unemployed. Thousands of families began to leave their farms, fathers and sons would walk the streets looking for work and mothers and daughters would run the farms. This caused R.B Bennett to introduce relief programs for families, single men were not allowed to use relief because they had less people to provide for. One in five Canadians had become dependent upon government relief for

1.The main causes of the Great depression were mainly sparked up in the 1920s. It was not just one thing that caused America’s economy to suffer drastically. In fact, there were multiple causes that contributed to the Great Depression, such the Wall Street crash, Farm overproduction, and finally Reduction in purchasing. FDR was president and enforced New Deals that helped get the U.S out of the Depression.