The Great Depression: One Of The Worst Economic Downturns In History

The Great Depression (1929-39) was the deepest and the longest-lasting economic downturn in the history of the Western industrialized world. It was caused by the stock market crash of 1929. Millions of investors were left hold worthless stocks and bonds. If you didn't have cash at the time then your fortune was gone. Money on paper was not worth the ink it took to print the bonds.

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 in the U.S history was a time where there was very little jobs and some money. Banks had very little money so most people couldn’t get money out. It was a hard time in U.S history for people when this was going on. The stock market crash a horrible time for people when they had some money and very little jobs. Franklin D. Roosevelt tried to help by creating The New Deal. The great dustbowl affected farmers and the change in farming affected the economy. In the novel To Kill a Mockingbird, the author Harper Lee illustrates The Great Depression was a worldwide economic slump of the 1930’s.

The Great Depression started in 1929- 1939, it was the deepest and longest - lasting economic downturn when a stock market crashed. Many people have lost their jobs and they couldn’t afford bills. Birth rates dropped because people could not afford to care for children, and divorce rates dropped because people could not afford legal fees. The Great Depression caused many effects on the American people.

The 1930s for the United States was not one of the best times in history. October 29, 1929 was the start of the great depression. One of the hardest parts of history in the united states. The Great depression was when the stock market crashed and unemployment skyrocketed. Unemployment reached to nearly 13 to 15 million people, which is about 25 percent, up from 3.2 percent in 1929. Industrial production declined by 50 percent, international trade plunged 30 percent, and investment fell 98 percent, and almost half of the banks in the united states also have failed. People across the nation lost their farms and homes. Some traveled to other states in hopes of employment with no luck.

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 was a massive devastation throughout the whole of America where people suffered and the economy was at a huge crisis. The Unemployment rose from 3% to 26% and many people had died, showing how hard the citizens coped to survive in-between this difficult period. . The Americans were in a depriving financial state full of high inflation after an economic fall known as the 'The Wall Street Crash'

The Great Depression was the longest-lasting economic downturn in the history of the US. There are a lot of different options on what lead to the Great Depression since there were a lot of factors involved. One theory was that a a severe shortage of diversification in the American economy caused it. During the 1920s automobiles and construction, which began to decrease. Then in 1929 automobile sales began to decrease drastically more than a third in the first nine months. Prosperity relied on some general industries, for example the auto industry. This really took a toll. New industries began to develop but there wasn't much that could be done to reverse the damage.

The Great Depression was one of the worst points in American history. Lasting ten years, it was the worst economic plummet in history. Unemployment rates skyrocketed as consumer spending decreased dramatically.

     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

The Great Depression was the worst economic downturn in the United States. The attitudes of citizens before the Depression were much different than they were during and after the catastrophic crash of the economy. Before the economic collapse, the government took little to no responsibility for people’s financial security. They had very little power before the collapse. The mindset of citizens was to take care of themselves. It was not the government’s job to look after citizens. After the economy crashed, people’s attitudes changed. People started looking towards the government to pull the country out of the Depression. By 1933, close to fifteen million American citizens were unemployed and around half of the banks in the country had failed.

The Great Depression: Core Issues The Great Depression was the the most difficult and longest-lasting economic recessions that was ever developed in the Western Industrialized World. By October 1929, the New York Stock Exchange had crashed and marked the starting point as one of the most influential causes of The Great Depression. Investment values went down and billions of dollars were lost. These people sold investments quickly, and others that hadn’t been able to sell were lost without anything.

The Great Depression is the biggest economic downfall America has ever experienced. It was a time when almost all Americans suffered, one way or another. It was a devastating period for several people and, therefore, thousands went through rough family separations, poverty, and other emotionally challenging experiences. Starting in 1929 lasting ten years, this was one of the longest economic downfalls in the history of such a modernized world, and unfortunately, the people were highly affected, as over fifteen million people became unemployed, which is a prodigious twenty-five percent of the population (Taylor, par. 7). Due to the fact that America was one of the most industrialized nations, this depression was truly unexpected. One stock market crash set America in a completely different direction, and the American dream that everyone aspired to achieve in their lifetimes suddenly vanished. Thousands of people became jobless and got thrown into the streets, not knowing what to do. Albeit many may say that the people suffered deeply, others believed there was a silver lining. Survivors of The Great Depression mention that they have changed emotionally, physically, and have become more conscious towards helping their planet Earth. Thus, while the lack of financial security during the Great Depression was certainly emotionally stressful, for many Americans this uncertainty actually triggered significant personal character developments in many facets of their lives.

The Great Depression was a major historical event that affected thousands of Americans during the 1930s. It was a time in which economic decline left people without

The great depression was one of the worst economy issues we have ever had in history. It was a hard time for everyone. The great depression started in 1929 till 1939. Tons of banks closed down and about 9 million savings accounts were lost. Tons of companies and factories went under. About 15 million people were unemployed.