Great Depression Dbq

Imagine this. You wake up one morning in the year 1929, in your luxurious, pricey mansion. You then make your way downstairs to eat that nice big breakfast. Then you kiss your family good bye and head off to your fancy job. You come home that evening and suddenly you’re flat broke. Meaning all your money and life’s savings vanished. Unreal right? Well it was real for hundreds of families on October 29, 1929. The day the stock market crashed and when America’s confidence was challenged greatly.

There are many things that factor in as causing The Great Depression. I believe the biggest factors to be money and confidence. Even though by year end of 1930 the stock market had recouped some of the money lost in the previous years’ loss with the devastating Black Tuesday. The US and the rest of the world would continue to feel the devastating effects of banks failing, high unemployment rates, reduced trade and purchasing of over produced goods, and a negative impact to agricultural. This would not only put a dent in the people’s confidence with the stock market and banks but also government would need to step up in a big way to get things somewhat back on track.

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

The stock market crash of 1929 sent the nation spiraling into a state of economic paralysis that became known as the Great Depression. As industries shrank and businesses collapsed or cut back, up to 25% of Americans were left unemployed. At the same time, the financial crisis destroyed the life savings of countless Americans (Modern American Poetry). Food, housing and other consumable goods were in short supply for most people (Zinn 282). This widespread state of poverty had serious social repercussions for the country.

There are some main causes The great depression, first in 1934 per week They made $ 4.80 per week and They paid $ 3 by The incomes of Their Homes, all that happened to Birmingham Alabama in 1934, in Chicago everything rises for The men and The women for the food , And then spent $ 1.10 that was spent on food in stores, The three cases are The three cases were The financial downfall, low wages, and unemployment.

Imagine losing years of saved money, while being homeless and jobless. Americans went through these sufferings after the Stock Market crash. After the Stock Market crash of 1929, the United State’s economy crashed and worsen as more economical problems built up. During this time, the political, economic, and social organization were in a state of confusion and disruption. The government, various groups, and individuals sought ways to fix the problems of the Great Depression. Americans faced many problems during the Great Depression, he government, various groups, and individuals attempted to solve the problems brought about by the Great Depression.

How does one keep faith in a country during times of destitute and agony? In 1929, the stock market crashed. Poverty struck the country fast like the huge dust storms in the west. The new president, F.D.R, promised to relieve, recover and reform the country with various organizations. Churches and other groups set up food lines. F.D.R’s main goal was to put every American to work. The dilemmas of the Great Depression were soon set out to be handled by actions by the federal and state governments.

The Great Depression was a period of economic turmoil in the United States that lasted from 1929 until the end of World War II. The Great Depression reflected the economic crisis of the Stock Market’s sudden crash despite America’s economic steadiness for nearly a decade during the Roaring Twenties. Two long term causes of the Great Depression were the poor management and infrastructure of the banks and the overall production of agriculture. Farms prior to the Great Depression over produced during World War I in order to feed European nations, armies, and that overall process costed money. Corn and wheat were popular at the time for mass production which led to an increase of farmers taking out loans in order to expand the land. As more crops

Historians argue what caused the Great Depression, some say it was due to the stock market, others say it may be the war debt or overproduction. To believe the Great Depression was caused by only one event is naive. It was caused by a multitude of problems that the government failed to fix.

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.

“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.

The Great Depression was a time of great economic tragedy during the 1930’s. October 24, 1929 was the day of the stock market crash, causing economical shortage everywhere, even globally, and this scared everyone, including the rich. This day was/ is known as “Black Thursday”, where over 2.9 million shares were traded. On “Black Tuesday”, five days later, more than 16 million more shares were traded in another wave of panic. Many investors then lost confidence in their banks and demanded deposits in cash which forced the banks to liquidate loans in order to supplement their on hand cash reserves. By 1933, around 15 million Americans were unemployed and nearly half of the country’s banks had failed. This stopped Americans from purchasing which then led to less production of goods and decreased the amount of needed human labor. In the end, millions of shares ended up worthless, and those investors who had bought stocks with borrowed money were wiped out completely.

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.

Imagine yourself as an adult in the 1900’s hundreds when the Great Depression has just started. You no longer have a house and you live in a small tent with wooden sticks barely holding up your so called “house.” Sleeping under the cold night sky on top of old discarded newspapers .While laying down tired and hungry you think where would I be if this didn’t happen? During this misery people called this the time of The Great Depression it had many downturns in people’s lives, like the Stock market Crash of 1929 and the bank Failures of 1933. Although there was a good turn out called the New Deal. These were some of the causes of The Great Depression.

America’s Great Depression is believed as having begun in 1929 with the Stock Market crash, and ending in 1941 with America’s entry into World War II. In order to fully comprehend the repercussions and devastating effects of the Crash of 1929, it is important to examine the factors that contributed to the catastrophic event which led to The Great Depression. The Great Depression was the worst economic slump in U.S. history, and it spread to most of the industrialized world. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920s, and the