The Great Depression Of The 1930's

The Great Depression lasted from 1929 to mid 1940s. It was a time of misery and suffering for everyone around the world. The stock market crash caused millions of people to end up without a job and hungry. Up to 7 million people worldwide lost their lives. This devastation made many families start over and begin again.

The Great Depression Was A Time Of Unemployment, Sadness, And A Time of Hunger. Many Parents Struggled To Even Feed there Kids A Meal, Let Alone Find A Decent Job. The Stock Market was doing nothing but declining Rapidly, The Stock market lost 8-9 billion in value. In my Opinion the primary Start of the great depression was the "Black Tuesday", That was the day the stock market fell and lost billions of dollars. People began to hold small rallies, Despite The rallies the stock market continued to decline And get worse. Many People became homeless and incapable of feeding Themselves let alone feed there children. The unemployment rapidly jumped to 20 percent. Many people went from town to town, searching for jobs that simply did not exist.

Herbert Hoover, the president in office when the Great Depression hit the country, did very little to ameliorate the devastating situation. Hoover underestimated the seriousness of the crisis, misdiagnosed the causes of the problems, and clung to his beliefs in individual achievement and self-help. His corrective measures, aimed at inflation and the federal budget, were thus damaging themselves. Furthermore, he hesitated to mobilize government resources to aid Americans and instead appealed to private groups to lend a hand (Encarta). Thus Hoover’s administration did little to mitigate the impact of the Depression.

The great Depression was a major crash in the history of the United States. The crash of the stock market in October 1929 was the significant cause of the great depression. People began to panic and big businesses were not able to handle the outcome. As a result, many companies dismissed workers, which left the workers with no money. People halted to purchase goods and businesses were running in loss. Furthermore, after the world war one, many European nations owed huge amount of money to the United States. The economy of these nations was shattered and had no way of paying back the

The Great Depression caused a deafening blow in the economy of America as people raced to the banks to withdraw their money many banks went bankrupt and had to close down their doors. The people soon were out of money and with no money the consummation of products decreased, as companies had less people

The Great Depression was a critical worldwide situation that took place before WWII. In the United States, the Great Depression started in 1929 and lasted until the early 1940s, close to the start of the second world war. The fall in stock prices caused a stock market crash, which had led to a depression and in time spread to the rest of the world. Things that were vital to the nation’s economy, such as personal income and international trade had drastically decreased affecting everyone, rich or poor, in America. President Hoover took a laissez-faire approach and thought that the economy would recover by itself. He feared that government interference would make the economy worse. In 1932, Franklin Delano Roosevelt had become president. His

October 29, 1929, would be the start of one of America's worst epidemics. The Great Depression was a time in America where the economy and American lifestyle completely crashed. This depression impacted the workforce of the time greatly, causing people to lose jobs and soon go homeless.

In many ways, President Hoover’s policies let the Depression happen. Previous Presidents like Roosevelt and Obama responded similarly to the crises; talked about balancing the federal budget, but instead resorted to massive spending by introducing new programs. One major difference between the Recession and the Depression was that the government was not very quick to help the public but government stepped in very quickly to stop damage during the Recession. Today, the government is expected to “step in” when the crisis of this sort happens but in the 1930’s there were very different expectations because people blamed the unemployed men and women when it was very clear that the government had to have played a role to play in the making of the crisis as well.

2.)The Great Depression began in the 1920s and was commonly known as the ‘roaring 20s’. This term is used to describe the general prosperity of this period. Corporate profits increased and consumerism expanded, but a large portion of the population was suffering terribly. The agricultural section of the population was impacted greatly. Farm income was sluggish and the housing market was depressed due to low wages. The economic gains of this period were unevenly distributed, which was the main cause of the Great Depression.

the kids that dropped out began to work. They worked for low wages to help provide for their families. This also relates to farmers. Many farmers had damaged crops due to bad dust storms and drought. These dust storms were referred to as “The Dust Bowl.”

The 1920s was an economic growth period for American companies and businesses. One of the key ways of making money during this period was to buy stocks and shares. As with consumer goods such as washing machines and kitchenware’s, there was the option of buying stocks and shares on credit, which meant that purchasing shares on the stock market was available to almost everyone.

The Great Depression started within the year of 1929 and had finally ended in 1939. This was caused by the stock market crash in October, by this, causing the Wall Street into a panic and cleared millions of investors. As years are passing by, consumers are dropping their investment and thus causing companies to let go of their people. By 1933 about 13-15 million Americans were unemployed and nearly half of the banks had failed due to people wanting to withdrawal their money. In the 1930s, President FDR came into the picture and he had helped the ease of the Great Depression, although it wasn’t enough; however, in 1939 after the Pearl Harbor Attack, it was finally getting back into gear with American industry and the Great Depression had ended.

Some factors that brought about the Great Depression of the 1930s were the stock market crashing on what is known as “Black Tuesday”, banks closing, companies failing, and employment. The stock market crashed in October 1929. The market crash led to banks closing because of the fact of people taking all their money from their bank accounts. Companies began to fail because of these other factors and majority of people were unemployed. America came into a standstill in the Great Depression.

On October 29 , 1929 marked one of the hardest times in history know as the Great Depression. It has also been known as the Black Tuesday. On this day the stock market crashed. On October 29,1929 people all over the country were panicking not knowing what to do . Their were many causes on what lead to the great depression. People tried selling their stocks that they had bought before the stock market crashed, but no one would purchase them since the stock market crashed stocks were worthless. The stock system was one of the ways they made a living and now the market was bankrupt , no money was coming in. Since the People were not getting money they couldn’t purchase anything which was bad for companies because they would

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