Great Depression Dbq Essay

714 WordsMar 9, 20133 Pages
Great Depression DBQ Essay 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. Such an event caused many problems in the country. The first problem had been that when banks lost tons of money due to the stock market crash, they also lost the life’s savings of so many hard…show more content…
It aided to the problem America had when people lost their life’s savings because of an irresponsible choice their bank had made. The F.D.I.C insured savings accounts in banks approved by government. If one of those banks fails, the government would promise depositors that they would receive their money. Many other solutions similar to the F.D.I.C were created which was shown in document 6. But, some of the ones that solved the issue of unemployment were Federal Emergency Relief Administration (F.E.R.A), Civilian Conservation Corps (C.C.C), Works Progress Administration (W.P.A), Rural Electrification Administration (R.E.A), and the Tennessee Valley Authority (T.V.A). They all had different tactics at going towards the solution of the unemployment epidemic. For example, the Works Progress Administration would put the jobless to work by doing many things like building airports, playgrounds, parks, schools, and hospitals and also becoming photographers, artists, actors, writers, and composers. Another solution to one of the problems was “kitchens” being opened up by various individuals or groups. Many starving families would send out a member to bring the free food home from these kitchens. They would wait outside of the building in very long lines just to get a simple small meal, which was shown, in document 4. Although the problems weren’t completely gone, there were certainly numerous attempts at solving or reducing

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