The Great Depression Changed America

Franklin D. Roosevelt’s plan helped make the economy get stable through programs that he started, helping create more jobs for the unemployed. He passed bills that helped both the American people and its environment. For example, new roads and bridges were built. Another one of FDR’S efforts to get out of the depression was to enter WWII. Document 6 shows a cartoon of how much was produced for the war and shows Uncle Sam working, too. Overall, FDR’s decision to enter the war was the greatest impact on the Great Depression because they got out of it. Herbert Hoover was a terrible leader in many Americans’ views because they believed he did not do enough for the people and was more supportive toward big businesses. He gave money to the rich so that they would pass it down to the poor but instead the rich got richer and the poor got poorer. Another downfall of Hoover was Hoovervilles. These were a collection of poor people without homes. The name was given as a disgrace to Hoover. In result, FDR was a more favored president during the Great Depression than Hoover.

The Great Depression first started as early as 1928, but did not affect the United States until 1929. The Great Stock Market crash started the event of the Depression here in America, but was not the main cause to why it happened. During the early stages of the depression, President Hoover failed to help the economy and continued with his belief system of giving people the least help they needed, so they can earn themselves a rightful spot with pride, not with government’s help. The Great Depression was a very intense experience for us, even until today, the

The Great Depression was a very influential era in American history, affecting many future generations. One of the most prevalent impacts it had on society was the extreme poverty that swept across the nation, affecting both people in cities and in the country. The main cause for this poverty was the mass loss of jobs among the middle class. Millions lost their jobs and consequently their homes. Families lived out of tents and cars in shanty towns or Hoovervilles. In these camps, many people didn’t have their basic human needs met, children and adults alike starved. They lived in clothes that were caked in dirt and tattered, too small for growing children and too cold for the frail elderly. Government relief programs attempted to help but offered little support to the now impoverished families of the millions that lost everything.

In conclusion, the Great Depression was a downside of America’s history. But, in the dark times, one of our nation’s best presidents came into light. Franklin D. Roosevelt once said “the only thing we have to fear is fear itself”. This meant in those times that Americans were doing more harm than good. When they withdrew their stocks and money from the banks, they were causing more damage to the economy. With shutting down the banks and getting congress together, they were able to solve the dilemmas of the Great Depression through actions taken by federal and state

The Great Depression started in 1929 and lasted up until 1939. It happens to be the worst economic downturn for the United States and the the rest of the world. It caused companies and corporations to eventually go bankrupt as well as workers to be laid off. Another effect of The Great Depression is that factory production was reduced, and the banks started to shut down. In the lowest point of The Great Depression in 1933 nearly 15 million workers in America were unemployed and one half of the banks started shutting down.

The great Depression was a major crash in the history of the United States. The crash of the stock market in October 1929 was the significant cause of the great depression. People began to panic and big businesses were not able to handle the outcome. As a result, many companies dismissed workers, which left the workers with no money. People halted to purchase goods and businesses were running in loss. Furthermore, after the world war one, many European nations owed huge amount of money to the United States. The economy of these nations was shattered and had no way of paying back the

The Great Depression transformed American society and the way people thought about themselves and their relationship to the country. During this horrendous time period, many people lost many important pieces in their lives like money and jobs. Millions of families lost their savings as many banks collapsed in the early 1930s. They were unable to make rent payments or mortgage and many were removed from their apartments. The Great Depression challenged American families in vital ways, placing great economic demands upon families and their members.

The scale of the depression had multiple causes, such as: unregulated banks, American debt, and poor help by the government. Unregulated banks led to many bank failures, especially in rural areas. (Luke). Andrew Jackson’s anti-bank ideas didn’t turn out as good as he probably thought it would. The fact that banks were mostly unsupported by the government, they didn’t have

The Great Depression affected many lives of americans and many others outside of the United States. The Great Depression first affected the people who were in the city. Then the depression reached the outsides of the cities and then the rural parts of the country. The wheat prices drop extremely. Then because of the poor farm practices from the many different plows used the Dust Bowl started. The Dust Bowl made it harder for farmers to survive in the Great Depression.

The Great Depression changed the lives of people who lived and farmed on the Great Plains and in turn, changed America. During this time period, many farmers ran out of business because no one could buy their products since many people were out of money.

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 Great Depression is one of the most misunderstood events in not only American history but also Great Britain, France, Germany, and many other industrialized nations. It also has had important consequences and was an extremely devastating event in America. It was the longest and most severe depression ever experienced by the industrialized Western world. When the New York Stock Exchange crashed in October 1929, the United States dropped sharply into a major depression. The world was in wide demand for agricultural goods during World War I, but they had rapidly decreased after the war and rural America experienced a severe depression throughout most of the 1920's and even on into the 1930's.

The great depression that affected major economies originated from the United States in the early 1923 when the stock market had crashed affecting all the sectors of the economy in terms of revenues collected, personal income and profit margins. The rate of unemployment rose to greater heights in the United States. The International trade volumes went down as countries were wary of doing business with one another with most of the affected countries having cuts on their spending to cushion their economies against further economic uncertainties in the future.

     The Great Depression was a huge economic downfall in North America and involved many other industrialized countries of the world. The Depression began in 1929 and lasted for about ten years. Millions of people lost their jobs along with many businesses going bankrupt. The common misconception of the Great Depression is people think that the stock market crash was the main cause for it. There were many causes for the Depression; unequal distribution of money during the 1920’s was the main cause of the Depression. This unequal distribution happened on many different classes of people. The imbalance of money is what created such an unstable economy. The stock market was doing much worse than people thought

Many people speculate that the stock market crash of 1929 was the main cause of The Great Depression. In fact, The Great Depression was caused by a series of factors, and the effects of the depression were felt for many years after the stock market crash of 1929. By looking at the stock market crash of 1929, bank failures, reduction of purchasing, American economic policy with Europe, and drought conditions, it becomes apparent that The Great Depression was caused by more than just the stock market crash. The effects were detrimental beyond the financial crisis experienced during this time period.