Why I Choose The Great Depression

Never had the flaws of capitalism been so evident or as devastating as during the decade that followed the outbreak of the Great Depression in 1929. All across the Euro-American heartland of capitalist world, this vaunted economy system seemed to unravel. For the rich it meant contracting stock prices that wiped out paper fortunes almost overnight. On that day that the American stock market initially crashed (October 24, 1929), eleven Wall Street finances committed suicide, some by jumping out of skyscrapers. Banks closed and many more people lost their life savings. Investment dried up, world trade dropped by 62 percent within a few years and businesses contracted when they were unable to sell their products. For ordinary

President Herbert Hoover, a Republican, had control of the United States from 1929 to 1933, the beginning of the economic downfall. Hoover created a laissez-faire government; the government was not involved in everyday business, instead it was a very hands off approach and daily life just took its path. When Franklin D. Roosevelt became president in 1933 the economy was now deep in a huge downward spiral, and he raised a new Democratic approach to run the government and United States. The United States was in for a lot of reform movements being that a Democrat was president, and something needed to be done to prevent the status of the United States to fail even more. Franklin D. Roosevelt responded to the problems of the Great Depression

President Franklin D. Roosevelt, the thirty-second president of the United States, was a central figure for the United States in the 20th Century. While leading his country out of The Great Depression, he also led the nation through World War II. Herbert Hoover, the thirty-first President, led the country during the Great Depression and his policies enforced at that time eventually led to his downfall because of their inability to end the downward economic spiral. Both of these Presidents greatly contributed to the nation by using different policies and tactics that classified them as either liberal or conservative. Although there are some exceptions because of the acts passed by Hoover, the characterizations of President D.

The 1930s was one of the most challenging times in US history, where the Great Depression caused millions of Americans to suffer through hardships because of the economy. Many people were out of work and unemployed, and the government at the time, believed that the best option was to stay out of its affairs, leaving the struggling people hung out to dry. It was not until Franklin Roosevelt was elected president, that the state of the country began to change. And that was due to the creation of the New Deal; a plan to alleviate the state of the country, providing help through increased government spending and programs, that led to its eventual recovery after the second World War.

Former President Calvin Coolidge said, “In other periods of depression, it has always been possible to see some things which were solid and upon which were solid and upon which you could base hope, but as I look about, I now see nothing to give ground to hope- nothing of man” and to some extent it was true. Americans lost all hope in life entering a deep dark tunnel with no light in the end. The Great Depression was not something that appeared out of thin air; it grew over time like a tumor and eventually plagued America with an excessive disease. No decade was more terrifying in the twentieth century than the 1930s. The stock market crashing, due to people buying stocks on load, the debts from WWI farmers and consumers in deep debt, and

The thirty second president of the United States, Franklin D. Roosevelt was a central and key figure during the many terms he served under the presidency. He has got America through the Great Depression and World War 2. Franklin’s predecessor, Herbert Hoover was the first to lead the American people out of the Great Depression but his policies he enforced at that time led to his downfall because of the inability to end the downward economic spiral. Both presidents immensely helped the nation using the different policies that either defined them as a liberal or conservative. Roosevelt is a liberal with the various acts and government involvement enforced by him, and Hoover a conservative with his “hands off method”.

The 1920’s was a decade of discovery for America. As mentioned in “who was roaring in the twenties? —Origins of the great depression,” by Robert S. McElvaine America suffered with the great depression due to several factors but it managed to stay prosperous at the end. In “America society and culture in the 1920’s,” by David A. Shannon there was much more to the great depression. It was a time of prosperity an economic change. Women and men were discovering who they were and their value to society in “The Revolution in Morals,” by Gilman M. Ostrander. Even if Racism still existed as mentioned in “ The Tribal Twenties,” by John Higham, the 1920’s still was time of change that affects people today.

This act was created in 1974 there are many events that could have impacted the need for such a policy. One event that impacted the need for the RHYA is the Great Depression. The Great Depression led to about 400,000 young boys being homeless. Another important event is the Vietnam War, though it was coming to an end around the time that the act was passed, it lasted for many years and effected the family structure of American households. The draft caused by the war made a lot of families turn into one income families, which could have made teens need to leave home before they were old enough to support themselves in order to leave more resources for the rest of the family.

Many Americans still think that the Great Depression was caused by the stock market crashing, on October 29, 1929. What is true that most economists think now is that the stock market crash alone could not be fully to blame. There were many factors into creating the nationwide depression. The first being that the “Roaring 20’s” was the first time North Carolinians and their American counterparts could buy a lot more of the new consumer items, like washers and toasters, on newly available credit. The wealthy elite along with the new American business class, could not wait to come down to and enjoy leisure activities like the Grove Park Inn in Asheville, North Carolina, to spend all of that disposable free-flowing money. This was also one of the first times that average, middle-class people had more freedom because they had more income. In addition, banks in our state, as well as other states in the union, were small and unprotected. That means that when a bank went bankrupt, they could not pay back all of their loans or savings. Many farmers in North Carolina started to mechanize their new, larger farms to compete with other farms. This increased supply and dropped demand, lowered the price of food and made it harder to pay back the loans for the new tractors and machinery when the banks got into trouble for over-extending credit. Our state, like our small banks, did not depend on handouts from the Federal Government like

The assigned readings offered an interesting and complex view of some of the diverse groups of people who were marginalized in California during the Great Depression of the 1930s. The primary sources shared detailed information on how Mexicans, Filipinos, and White Americas experienced hostility and inequality in California. In Resistance, Radicalism, and Repression on the Oxnard Plain, Frank Barajas discusses how beet sugar growers on the Oxnard Plain cut the wages of Mexican laborers working in their fields. This ignited an uproar and began a strike movement among the betaberleros (sugar beet workers), who felt it was an injustice to lower wages and face discrimination just because they were minorities (Barajaos, 29-51). As commotion was occurring within the Oxnard Plain of California, conflict between the residents of the agricultural community of Watsonville and the Filipino farm labor community emerged. Many Watsonville residents showed a strong anti-Filipino sentiment, as well as social and sexual stereotyping of Filipinos (Witt, 293). This tension between Watsonville residents and Filipinos sparked the Watsonville Riot of 1930 (Witt, 299-300).

Most everyone has at least heard of the Great Depression that hit America by storm in the early twentieth century. Even though people are taught about the Great Depression, I personally think that a lot of people do not understand the severity that it caused and the livelihoods that it forever changed. The Great Depression, which lasted over a period of ten years, resulted in a lot of heartache for many nations worldwide (Fraser, 2010). As for the United States, the worst of the Great Depression harbored between 1929 through 1933 (Fraser, 2010). The Great Depression went down into history as being the worst traumatic economic moment for the United States (Paul Evans). It is still recognized for being the longest and severe depression that

Faced with the Great Depression and World War II, Franklin D. Roosevelt, nicknamed “FDR,” guided America through its greatest domestic crisis, with the exception of the Civil War, and its greatest foreign crisis. His presidency—which spanned twelve years—was unparalleled, not only in length but in scope. FDR took office with the country mired in a horrible and debilitating economic depression that not only sapped its material wealth and spiritual strength, but cast a pall over its future. Roosevelt 's combination of confidence, optimism, and political savvy—all of which came together in the experimental economic and social programs of the "New Deal"—helped bring about the beginnings of a national recovery.

The Roosevelt family is one of the most popular and familiar names in history. The Roosevelts brought America through numerous crises. In particular, Franklin Delano Roosevelt led America through two of the greatest crises in American history: the Great Depression and World War II. Franklin Delano Roosevelt, also known as FDR, is one of the most influential political leaders in the history of the United States of America. He began his political career as a New York Senator in 1910 and made his rise on the political ladder. During his political run, he did things that no one had attempted before. He introduced an unprecedented amount of acts and bills, and he is the only president to serve more than two terms. He was elected President of the United States in 1932 to become the 32nd president in the wake of the Great Depression (Dinunzio 2). Because of his actions during the Great Depression, he is remembered as one of the most significant presidents. FDR came into the presidential office during the third year of the Great Depression and helped return the United States to a superior nation, politically and economically. He also was the leader of America during World War II. His decisions during the war changed America as well. Aside from fighting America’s battles, he was also fighting personal demons. During his historical political career, FDR suffered from polio. Polio, although it is almost eradicated today, was a common but extremely aggressive disease that

The roaring twenties was a time filled with hope and change. President Warren G. Harding promised a “return to normalcy”, which reflected his own conservative values and the voters’ wants for stability and order. Americans felt that they had been through more than enough, and desired prosperity. During the years 1919 and 1920 the Eighteenth and Nineteenth Amendments were passed; the outlaw of alcoholic beverages and the right for women to vote, which ones of the many reasons society was turning their backs on Progressivism. Republicans were beginning to return to their previous dominance. The 1920’s was an economic boom for America, including everything from an increase in jobs, a rise in plentiful goods, new consumer products, and the reduction of taxes. The country was filled with jazz music, dance, and what appeared to be a brighter future. The 1929 crash of stock market was the beginning of a downward spiral leading in to the Great Depression. The stock market crash is often to be confused as the cause of the Great Depression, although that is false. A few of the issues that lead to the Great Depression included; farming (which decreased in demand as farms increased through the states during World War I), banking, and mass unemployment. Capitalism took shape as what was once the individualistic Protestant work ethic was reshaped into industrial work on a grand scale. Each worker contributed to the greater good, and the workers were presided over by a boss

Dorothea Lange's Migrant Mother depicts destitute pea pickers in California, centering on Florence Owens Thompson, age 32, a mother of seven children, in Nipomo, California, March 1936.