How Did The Great Depression Affect The United States

As a result of the German reparations, the US decided to give them monetary assistance, paying large sums of money to the German government on a loan. When the US stock market crashed, investors began drawing money from the loans to Germany, causing the Great Depression to spread to Germany and Europe.

Although they were trying to survive from this bad financial hit, at that time the world also faced a financial crisis due to sudden economic recession.

Soon after President Franklin Roosevelt took office he began to work on stabilizing America’s economy. The government instituted programs and projects, known as The New Deal. During 1933, Eleanor Roosevelt was involved in a succession of national programs that helped rebuild communities after the Great Depression called the New Deal.

How did the great depression affect the united states? The great depression affected the united states in many ways, but one of the major factors that affected the united states during the great depression was the economy plummeting. The Great Depression was caused by investing in stocks, The stock market crashing and unemployment rates. One of the reasons why the Great Depression was caused is because of investing in stocks. "Suppose a man marries at the age of 23 and begins a regular saving of fifteen dollars a month and almost anyone who is employed can do that if he tries. if he invests in good common stocks and allows the dividends to accumulate, he will a the end of 20 years have at least eighty thousand dollars and an income from

An economic upheaval, a change of life, a mark in the history books- the Great Depression not only affected America’s economy but also showed the world how truly interconnected all nations’ economies are. The luxurious lives of the Roaring Twenties were turned upside down by the Great Depression. The origins of the Great Depression stem from the American economic policy with Europe, the bank failures, and the stock market crash of 1929.

“By 1933, when the Great Depression reached its nadir, some 13 to 15 million Americans were unemployed and nearly half of the country’s banks had failed”(“The Great Depression”). The major event that led to the Great Depression was the stock market crash. The stock market crash was when stock value sharply decreased in 1929. The Great Depression was a time of great suffering all around the world and lastly for 10 year. Also this left between 13-15 million people out of work in America. The stock market crash affected many americans negatively and led up to the Great Depression.

The Great Depression was the best period and it was the worse period in United States history, people would of never knew this was coming. But when they found out it was already too late to do anything about it. No one could fix this problem, even the government couldn’t fix this horribly problem. It took a long time for the government to come back from this disaster. A lot of the Middle and Lower class became poor and lost everything. The United States government went downhill after the stock market crash.

The great depression had a large effect on the United States and the world. It caused a drastic downpour and great devastation. The great depression had a great impact on culture, the economy and politics of the United States. It affected each culture, economy and politics in different and various ways. Because of its effects the great depression was a great tragedy that took years to get over.

Europe was in a depression from Hitler taking over and starting all of these wars against other countries.

as provisional payment of $5 billion. The compensation to these countries is enough to bankrupt Germany. In addition, to paying damages, some of Germany territory such as Alsace-Lorraine and given to neighboring countries. Furthermore, Germany view the treaty damaging on a global scale because they will not be able to keep up in world trade and commerce (in International Conciliation,, 1919).

The Great Depression is a defining moment in time for not only American, but world history. This was a time that caused political, economical, and social unrest. Not only did the Great Depression cause a world wide panic, it also caused a world wide crisis unlike any before it. This paper will analyze both the causes and the effects of the Great Depression in the United States of America.

Germany was like a battered solider coming home after War World I. He expected to find his comfortable and familiar civilian life right where he left it. Back to normality, back to stability and safety. However, that unchanged and perfect ideal of home that he expected no longer existed. They had foreign invaders on their soil and influencing their people. After the loss of World War I, the German economy were imposed with financial responsibilities according the Treaty of Versailles in 1919. Germans were expected to pay reparations to the Allied powers while their territory was significantly reduced plagued with hyperinflation (ushmm.org 2014).These reparations created a serious economic strain on Germany and, according to Holocaust Encyclopedia,

One of the reasons the Eurozone was crushed is that the European banking system failed. Mainly because the European banks recklessly borrowed money in American markets to buy risky securities, those risky securities defaulted

During the 1930s, the Depression did not only bring a massive impact on the United States but also caused damage in many aspects to European countries. People lose their jobs; supplies were over demands; the currency was in shortage. After the war, Germany depended on American fund to pay reparation to the European allies; and they used that reparation to pay the war debts to the Americans. The banking crisis was one of difficult problems, which prevented Europeans countries to recover and continue live easily. Some wanted to know more about this economic crisis because they wanted to know the causes for the banking crisis, how did European prevent and solve it, and the impact of the banking crisis on everyone’s life during this time.

involved risk of default in several countries and a series of bailouts to some. Economies shrank