The Great Depression Of 1929

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The Great Depression The Great Depression began in 1929 and lasted until 1939. The Great Depression was one of the worst periods in the history of the United Sates. Along with the U.S, many other nations around the globe were also affected. The Depression kicked off when the stock market crashed in October 1929. Many investors were wiped out; as a result, people started to panic. The Great Depression brought about unemployment and poverty. The nation was shaken to its foundation. Everyone from rich to poor was affected by the mighty depression. It was not only the economy that was affected but also the day to day life of the citizens of America and also the government operations. Everything needed to be altered. The Great Depression of…show more content…
Boys in the family also started working at low wages. As a result, girls and men stayed home. Girls performed household chores as women worked outside the home. Because men were unemployed, they were frustrated, and their relationships with other family members also turned bitter. Smoking and consumption of alcohol increased because people wanted to forget about the hard times. In addition, the attendance in high school increased because young men planned to stay in school longer because they knew it would be a waste of money as it was impossible to find a job in these hard times. But, unfortunately funding of school districts declined and the schools were understaffed and some of the schools were shut down.
Second, the Great Depression impacted the nation politically. Herbert Hoover became president of the United Sates eight months before the great depression. He favored laisseze-fair, meaning that the government should not interfere too much into the business sector, which would help the businesses rise on its own. During the crash the Americans chose a new president named Franklin D. Roosevelt, who was the complete opposite of the previous president Herbert Hoover. Franklin D. Roosevelt preferred more government involvement. Next, as soon as Franklin D. Roosevelt became president, the states ordered to close all the banks as banks in the past had panicked in the depression. He wanted Congress to pass an order to
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