The Study of Macroeconomics

The Great Depression in the United States began on October 29, 1929. This day is known as “Black Tuesday,” when the stock market in America crashed which led the country into its most severe economic downturn. Many banks failed, the nation’s money supply diminished, and companies went bankrupt and began to fire their workers. The Great Depression is one of the worst time in the history of the United States because hour wages dropped about fifty percent. It began by the complete collapse of the stock market when about thirteen million shares of stock were sold. Over the next few years, the government instituted a series of experimental projects and programs,

Businesses give an analysis of the profit and sales also other business data to find a trend of popular sales and what is making the most money for the company. An example is if an item is usually sold out in days and making lots of profit and if an item is barely sales businesses would buy more of the popular product and less of the unwanted product.

The Great Depression was a devastating time for many Americans. From 1929 to 1932, the US experienced an economic downturn that was calamitous to the lives of many people. Millions upon millions of Americans lost everything when the stock market crashed on October 29, 1929. After exiting an era that left people living a life of luxury, the stock market crash came as a surprise. As a result of the stock market crash, many became unemployed and many families were being forced to close their businesses. Although there were many factors that contributed to the cause of the Great Depression, the three main causes were The Stock Market Crash of 1929, high unemployment, a decrease in consumer purchases due to being “stuffed with stuff” during the roaring twenties.

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 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.

Originally the summer of the 1929’s began as a recession and later became known as The Great Depression in the United States. Little did American know that October 29, 1929 would make history because on this date the stock market crashed. This catastrophe had been fermenting for years. During this time America’s unemployment rate rose to over 20 percent which roughly estimated over 15 million Americans unemployed. In Northern cities and in the South were most African American were highly populated during the 1930’s unemployment rates were incomparably greater for blacks than for whites. Economic circumstances were especially dreadful. It is believed that the one of the causes of the Depression was because of overproduction. Whereas

All industries are generally affected by a recession. The trend outlined here is that businesses will continue to reshape themselves during these times at an even higher rate. Taking advantage of opportunities that become present can reshape a business’s competitive environment and give them an advantage in this economy.

On the notorious “Black Tuesday,” October 29, 1929, Wall Street suffered a massive financial collapse due to heavy trading prices on the New York Stock Exchange. President Hoover claimed the U.S. business was “on a sound and prosperous basis,” but he couldn’t have been any further from the truth. The collapse of the U.S. economy, which was the largest in the world, created a global financial shockwave that could be felt across the globe. By 1931, the effects of Depression affected not only the U.S., but the world. “By 1933, 30 million people in industrial nations were unemployed, five times the number of unemployed four years before” (Starr 54). During the Great Depression, unemployment rates

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

3. Macroeconomics – the branch of economics that studies the relationship among broad economic aggregates like national income, national output, money supply, bank deposits, total volumes of savings, investment, consumption expenditure, general price level of commodities, government spending, inflation, recession, employment, and money supply.

Different market decisions determine how an economy is run. There are several different factors that account for how markets make their decisions, which determines how they function. The theory of markets mostly depends on supply and demand. However, it is key to note that there is a difference in demand/supply and quantity demanded/supplied. A demand is how much the buyer plans to purchase at various markets prices and the quantity demanded is what the buyer actually purchases at a particular price. Supply is the producer or the seller’s plan of the amount the seller will make available at different market prices and the quantity supplied is the actual amount that the seller makes available at a particular market price. It is important to

rable general economic conditions in the markets in which they operate that adversely affect consumer spending;

By focusing on the different segments economists can determine if underlying trends support the headline numbers in total or have possibly skewed the overall numbers.

Chapter 7 and 8 from “A Guide to Everyday Economic Statistics” explains the value of prices, money, and interest rates alongside the value of stock prices and international trade. As a result, we will be able to grasp the concept of how the Consumer Price Index (CPI), how to use an estimate the inflation from the CPI, Producer Price Index (PPI), prime rate and how to measure the Dow Jones Industrial Average (DJIA) and international value of the dollar in the stock market.

In the economy, there is a constant cycle between the producers and the consumers (mainly). The consumer purchases products produced by the producers, while the producer uses statistics and charts to map the trends and the potential course of future purchases of the consumer in order to maximize