Cellular telephones, Pepsi Max, and Pacemakers- all of these were invented in Jerald Brenhofer’s lifetime1. From the invention of cellphones that allowed him to talk with his expanding family as it spread beyond his physical reach to Boston and Chicago, to his favorite soda, Brenhofer lived a rich life, full of his favorite things and people. Born in 1942, in the throes of World War II and the lingering aftershocks of the Great Depression, the movement of social and technological change that Brenhofer experienced was more than a quantitative list of advancements and historical events, but the melding of the two into a continual and formative span of life.
The upheavals that Brenhofer would come face to face with in his time were …show more content…
In the late 1920s and early 1930s, the Great Depression changed the lives of everyone on a global scale, but the economic and social change in America was incomparable. In 1929, the unemployment rate was at a mere 3.2%, but by 1933 however, a massive 25% of citizens were without jobs. To truly understand the enormity of this decline in the working population, one must first understand the causes of the depression itself. On October 29th, 1929 a crash in the stock market, known today as Black Tuesday, contributed to a drastic decline in the value of stocks and assets of banks. The massive hit that many of these banks took to their assets forced many of them into failure, and they took the savings and fall-back plans of millions of Americans with them. Without the banks, ordinary people had no access to their own savings and many people’s homes were foreclosed upon. Following the loss of the banks, unemployment also skyrocketed since people weren’t able to buy goods without access to what they had thought was their money. If there is no demand for products in a market like the United States’, then there is no demand for the production of those goods, and that very production of consumer goods was the trade that many of those hurt the worst by the Great Depression relied upon.2 This vicious cycle was one that would continue to plague the country until a new problem, the
He feels Yanagi’s pain through the connection but he does not draw attention to it. To be in the heat of a powerplay game such as the one boiling over in Konoha right now is a moment of extreme delicacy and ruthlessness; attachments are withheld, persons numbed down. The rampant mentality is this: eliminate those who are likely to get in one’s way, even if they are friends, or valuable allies. Nobody who lived through the Warring States Era would be unfamiliar with this tenet: do what must be done. And if Tobirama was forced to choose among the Yamanaka twins, he would keep Yanagi alive, simply because she is now the more valuable of the two, even though Yanagi herself and most definitely, not Osamu, would admit it. For to dabble in politics is to know who has value, worth and utility, and who do not.
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.
The Vietnam War is widely regarded as the lowest point in the history of U.S. foreign affairs. It mercilessly dragged an unwilling country on a fatal ride for twenty years, all while receiving low approval ratings and high funding. The Vietnam conflict served as an optimum environment for the virus of controversy. No one has more experience with controversy than Heinz Alfred Kissinger. He is the ultimate pragmatist, as embodying his philosophy of realpolitik, a diplomatic ideology based on utilitarianism rather than international ethical standards. When one’s political calling card downplays the role of ethics in diplomacy, that individual is bound to garner a high profile reputation. Kissinger himself has lamented the national predicament during this conflict—squeezed between the ultimate rock, his duty to keep peace, and hard place, his duty to act with the approval of the American people. This predicament was rooted in an omnipresent opposition to Communism, as was America’s role in the entire Cold War. Cold War politics were politics of fear. That fear drove competition, which bred a certain variety of leader – a logical, calculating politician with regard for nothing but his country’s success. To avoid an uncontrollable spread of Communism through the westernized world, some moral casualties were strewn about the wayside. However, the American public had no trouble rolling up their collective sleeves to back this forward-thinking activist. In more recent years, some
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 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.
Regarded as one of the most controversial and polarizing military conflicts in U.S. history, the Vietnam War has left a deep and lasting impact on American culture, politics, and foreign policy. From 1964 to the present day, the Vietnam War redefined the scope of U.S. influence both at home and abroad, and caused a fundamental shift in American society that dramatically changed the way in which Americans viewed their government and the role of the United States as a world power. For an entire generation of Americans, who watched as the horrors of the war in Vietnam unfold before the spotlight of the national media, the Vietnam War directly challenged the superiority of the American way and the infallibility of U.S military dominance. In truth, the U.S government, U.S. military, and the American people as a whole struggled to accept the lessons of America’s greatest military failure and the sobering reality of the war’s consequences. To this day, the legacy of this so-called “American War” continues to resonate throughout the fabric of American society as a cautionary tale of U.S foreign intervention and blind acceptance of open-ended conflict.
The Vietnam War was certainly controversial. There were many protests that erupted across college campuses and throughout numerous town and cities. Many individuals viewed the war as unnecessary and unwinnable. The draft was also very widely criticized and seen as a negative point in the war. The draft was forcing young college students to go fight in dangerous territory. The most controversial aspect of the Vietnam War is certainly that it was deemed unwinnable by the US government, but they still chose to remain in Vietnam and fight. Why was the Vietnam War unwinnable though? Was it actually unwinnable or did the US government
The Great Depression was one of the biggest events in the 1920s since it had huge effects both socially and economically. Starting with the stock market crash, millions of investors were bankrupted and thousands of workers were unemployed. Over the next several years, not only did the consumer spending drop, the number of investment lowered as well. Until 1939, when the President Franklin D. Roosevelt established the "Relief and reform measures" which finally help the economy to restart. Through two different disciplines, two different authors analyze how the Great Depression affect the Americans both economically and anthropologically. Christina D. Romer and Glen H. Elder, Jr, the two authors of two separate articles analyzes the
When the citizens had bought all that they could buy, there was a decrease in demand. Suddenly, the industries had an excess of goods and no one to sell it to. At this point, the Fordney-McCumber Act began to cripple the economy of America. Other nations introduced high tariffs to boost their revenue and to spite the United States. Sadly for the United States, these high tariffs and low demand were instrumental in the depression that America experienced. When the stock market crashed on October 29th, 1929 or “Black Tuesday”, the united states, along with other nations were in economic turmoil and the widespread prosperity of the 1920s ended abruptly. The depression threatened people's jobs, savings, and even their homes and farms. During the heart of the depression, over one-quarter of the American population was out of work. For many Americans, these were extremely hard times. When Roosevelt was voted into office, he introduced the New Deal. While this plan tried to help the united states out of it’s isolationist rut, the second world war was the final solution. Mobilizing the economy for world war finally cured the depression. Millions of men and women joined the armed forces, and even larger numbers went to work in well-paying defence jobs.
The Vietnam War, similar to the past wars broke down, had an enduring financial legacy because of the expanded levels of government consumption which was financed by expansions in tax collection from 1968 to 1970. The victory in spending plan deficiencies was driven by both military and non-military expenses in mix with an expansionary financial arrangement that prompted quickly rising swelling in the mid-1970s. Figure six demonstrates the expansion in government spending which crested in 1968. Utilization stayed steady and speculation stayed level. The slight fall in government spending after 1969 and up to 1973 can be credited to falling military use that exceeded the expansions in non-military consumption. Utilization was contrarily
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.
The Great Depression of the thirties remains the most important economic event in American history. It caused enormous hardship for tens of millions of people and the failure of a large fraction of the nation’s banks, businesses, and farms. The stock market crash in October 1929 is believed to be the immediate cause of the Great Depression, but there were many other factors and long-term causes that developed in the years prior as chain-of-events leading to the depression. For instance, inequality of wealth within the U.S. itself was the major concern for the country. The lower class people including farmers and labors income was only to where they can barely afford their living expenses, moreover, people’s wages stayed the same even as prices for goods and services sky rocketed.
In the 1920s, American economy had a great time. The vast majority of Americans in 1929 foresaw a continuation of the dizzying economic growth that had taken place in most of the decade. However, the prices of stock crested in early September of 1929. The price of stock fell gradually during most of September and early October. On “Black Tuesday” 29 October 1929, the stock market fell by forty points. After that, a historically great and long economic depression started and lasted until the start of the Second World War. The three causes of the Great Depression are installment buying, uneven distribution of wealth and the irrational behavior in the stock market.
On Tuesday, October 29, 1929, the United States stock market suddenly and completely collapsed. This event is known as Black Tuesday and is attributed by many historians to be the start of the worst financial crisis in U.S. history, The Great Depression. The Great Crash itself had a devastating impact. Hundreds of banks failed, and because bank deposits were uninsured, their depositors lost some or all of their money. “Frightened customers drew their savings from solvent banks, forcing them to close.”1 And that was just the beginning. Government’s response to the Great Depression changed the lives of non-elite members of society. It changed them negatively at first. Herbert Hoover’s strategies for fixing the economy failed and drove these
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