Great Depression Essays

The Great Depression: A Brief Summary
By the beginning of the Great War in 1914 to the final year of the Great Depression in 1939,
history has been made to the progression and the advancement of the American society. From
1914 to 1918, the country battled its enemies alongside its allies in the Great War. By 1920, it
jumped up in the musical and economical boom of the Roaring Twenties. However, in 1929,
America had fallen to the knees of the Great Depression; suffering for 10 years. These fifteen years
will forever be documented as American and world history. On July 28, 1914, the Great War was
declared between Austria–Hungary and Serbia. Prior to this date, Archduke Franz Ferdinand of
Austria was assassinated by a Serbian nationalist, causing extreme tension between the two countries.
...show more content...
One of the most iconic symbols of the Roaring Twenties is the flapper. These are women who
defied society by smoking, dancing, having short hair, and listening to music that was thought
otherwise as a more masculine role in society. However, perhaps the biggest thing to impact women
during these times were the right to vote. In 1920, the Constitution guaranteed women the right to
vote in the 19th Amendment; a huge impact on society itself for the rest of its years. While
Americans boomed with spending its money in it new progressed society, the country began to feel
the effects. Beginning in 1929, the United States faced the worst economic crisis in history. It was
the result of the Stock Market Crash in October 1929 which caused a mass panic between the public
and millions of investors. Quickly after, unemployment began to rise after employers could no
longer pay their workers, and in response, production went down. This long and intensive time of
economic downturn was called the Great
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Great Depression In The 1930s Essay
Within the 1920s and the 1930s the United States went through a phase of depression. It affected the
stock market, the situation of farmers, banks and businesses, and personal income and debt. People
within the United States suffered a great loss. People lost their jobs and could no longer afford
homes. The government needed to pay for things like buildings and other expensive things that were
being paid from Americans taxes.
The stock market declined an incredible amount and personal income and debt rose within the
1930s. It is now famously known today as the Great Depression. This made the American economy
take a dive for the worst. In the 1920s there was no extreme debt or financial problems that would
cause an American epidemic. There...show more content...
After the crash during the first 10 months of 1930, 744 banks failed. Within all of the 9,000 banks
that failed, 4,000 failed within 1933 alone. By that time, depositors saw $140 billion disappearing
through these bank failures. 30 percent of people were losing jobs, which was about 15 million
people at the time. People sold their cars and other valuable items to pay for things, since they lost
a lot in the stock market. The money was no longer feeding its way through Americans, causing
there to grow a huge and noticeable gap between the rich and the poor. There was no longer a
middle class. You either had money or you didn't.
Farmers struggled too. When dryness, heat, and grasshoppers destroyed crops, farmers were left
with no money to pay for groceries or to make farm payments. Neighbors helped out neighbors
with illnesses and and paying for things as little as supper. They would have church dinners,
different school programs, and even dances to keep people busy and not thinking about poverty.
Most farmers gave up or were forced off their land because they could pay or keep their crops alive.
There was little water to keep them alive, so that is what they called a "Double Whammy."
Overall, the Great Depression was a long and severe recession in an economy or market. It caused
the stock market to decline, the situation of farmers to get worse, the banks and businesses to fail,
and personal income and debt to become an out–of–hand

Great Depression Essay
Canada is a nation constructed from small stones of determination, and piles of perseverance.
Today, Canada stands tall as a beacon of democracy and a fortress of ideological freedom. From the
small stones of determination, to the status it wears proudly today, much has changed. It is the
history that has shaped Canada into the nation it is; from the victorious moments to the days of
misery and hardship. A prominent decade of true misery and hardship recalled by Canadians is the
Great Depression. The Great Depression of the 1930s was a time of severe poverty, unemployment
and unjust treatment experienced like never before by Canada. The Great Depression was
unforeseen, yet inevitable. The Great Depression led many families to undertake...show more
content...
The needy families suffered the most. The government offered relief, or welfare, for those who
qualified. An odd form of welfare was an open jail for the homeless. Similar to the relief camps, the
state of jail was horrible. It was described as a very old, thick–walled stone building, with two
stories. At the end of the corridor stood the toilet and one wash basin. No beds or bedding was
provided and the floors were black and swarming with bed bugs. One recalls, "Men were all
suffering from gastric trouble due to hunger and the hard boiled beans, weak kidneys from the
freezing cold, and frozen feet. In consequence, there was a steady line–up all night through at the
toilet– two to three hundred men to one toilet..." Another form of relief was a soup kitchen. Again,
the conditions were terrible. People suffered from hours of waiting in harsh weather conditions to
be served dry bread, boiled beans, and coffee or tea. In addition, eating the meal was often done in
ankle deep sludge. This was not something to be thankful for, as the cost to feed a single person
was four cents. It was clear the soup kitchens could put in more effort. The Prairies suffered the
most, as their way of life had always been less secure. Moreover, the families required a car and
gas in order to get relief, as they had to travel to the city. In addition, many Canadian and American
farmers had their property taken away for failing to meet

Argumentative Essay On The Great Depression
Sleepless nights, drowning debt, suicide attempts, and the inevitable fall towards unemployment.
These are the things that not only make up but almost define the title "The Great Depression." The
Great Depression was a collapsing disaster. One after another, the government along with society
fell to their knees. Stock markets crashed leaving most Americans bankrupt and on their own to
support themselves and their families off of loose change. Jobs were as rare as ever, people went
unemployed left and right. People were left to fend for themselves on the streets with no roof over
their heads. This along with everything else, took a tremendous, emotional toll on society. Some
even saw no other options than ending their lives. The Great Depression had an emotion drenching
and ground breaking effect on the generation to go through it.
One of the first things that led to a crashing course of events was the people financial tragedies.
According to one person who had lived through that time, "We weren't hungry but we were
penniless" (Hastings). The use of the word "penniless" really represented how people had zero
money. This was not the type of poverty where society was not able to afford self wants. This was
the type of poverty that people could barely afford their own needs and necessities. It's very
important how stressed this topic must be. Another quote says "With no dependable income we cut
back on everything possible." (Hastings). That means even the simplest things such as toothpaste
and towels. This time period,1930s, was the greatest stock market crash. Stock markets crashed
simply because of many economic failures, and when this happened many people were left with
nothing. "Most Americans, of course, owned no stocks at all, so they were not in danger of going
bankrupt overnight" (Hayes). This quote from the text was brought up to show how mostAmericans
did not even own stocks because it was a perfectly common thing for someone to end up with
nothing in less than 24 hours, "overnight." Althoug h, stocks were not the only reason people had
no money. Credit and banks failing had a huge part in that as well. "Banks stopped lending money.
In 1930 and 1931, many banks failed, and customers lost all their

Reflection On The Great Depression
Great Depression Film Reflection Children who were raised in the US have grown up hearing
stories of the Great Depression. We learned simple basics in class such as the stock market
crashed, lots of people lost jobs, and it was a very rough patch in American history. It is not until
we are older that the gaps of how the stock market crashed, why people lost jobs, and what was so
rough about this time become filled. The documentary on the Great Depression we watched in
Global History served as a great way to fill in those gaps providing much more details
explanations of what happened. First off I really enjoyed how this documentary showed people
who were alive during the time period and could add in their own experiences. The addition of
people who worked on wall street or had a parent invested in the stock market provided a deeper
meaning to the events. Learning about an event that happened fairly recently has the advantage of
people who experienced the event being alive to tell us about the events. Their stories put the
events in perspective as you are able to see just how people who were there remember the events,
whether they remember it completely clear or not. The other enjoyable part of the film relating to
the Great Depression being a more recent event is that we are able to have images from that time,
specifically photographs. By the time of the Great Depression cameras had been invented and
people were able to capture events exactly how they were. They also did

Depression has a voice, a dark and entrancing voice, luring you into its pain. It tells you how
terrible you are, grows and grows, replays every mistake in your life, and humiliates you daily; it
makes happiness impossible and friends a difficulty. It's the darkest, ugliest shade of colors, that
permanent paint that won't come out. Once this color finds its way onto your canvas, it will
unravel over your beautiful art. Cover up who you really are and you'll hurt inside. There are
people in this world that have known darkness for so long that they know how to hide it, they've
had their 3AM thoughts of pain and torture. People can cover it up with a smile and positivity and
you'll never see them break down. They refuse to feel, they don't connect

Great Depression Outline
History Outline
Monsy Rodriguez
The Great Depression
Thesis: In its duration and magnitude, the Great Depression was indefinitely more severe than any
other episode of "hard times" in our history and it was the molding force of the America we live in
today.
Purpose of Your Hook: The purpose of my hook is to get the reader's attention and have them keep
reading and get through the whole essay.
Key Point of Introduction: The purpose of my introduction is to expose the reader of my topic and
my three main arguments/body paragraphs. This would be the molding effect the Great Depression
had on today; the short term effects and the lasting effects. Also how it changed the way people saw
the government and banks and how it changed the way...show more content...
Purchase tools, necessary kitchen equipment, garden necessities, fishing gear, and other items to
help improve your measure of self–sufficiency" * "Buy American. As much as possible, avoid
purchasing imported goods and look for American–made products to help our country pull itself out
of the recession. You may have to track down companies online and ask local shops to carry
American–made goods. The extra dollars spent are well worth it. If we all followed this practice,
imagine the outcome. Keep your money here; don't send it overseas." * "Seek multiple income
opportunities, rather than relying on one sector or one company for the family's support. If your
job is highly secure, you're in a better position, but still look for side income opportunities. If your
job is threatened or unstable, build up additional income sources right away." * "Produce and
preserve food. We plan to have a large family garden and our own laying hens in the backyard. As
local fruits and vegetables come into season, I will pick and preserve my own – strawberry
preserves, frozen peaches and jarred apple sauces are all simple to put up from local, inexpensive
bounty." * "The Great Depression was caused, just like now, by the excessive use of credit. Many
people are in the horribly financial situations they are in because they owe way too much money to
creditors. Their money

The Great Depression Essay
Many adolescents, In the Great Depression, received the full affects and suffered. Some were left
hungry, impoverished, and hopeless, how are adolescents today compared? The 30's were a time of
great distress for many Americans. Events such as the stock market crash, an economy suffering
from being inflated, overuse of credit, a farming crisis, and other events led America to the economic
downfall known as the Great Depression. During the great depression, the unemployment was high,
the wages were low, lines stretched around the city for food, families that lost their house had to live
in makeshift homes in communities called hoovervilles, and children had to stop school to work for
money. Teens effected by the Great Depression worked...show more content...
Today, we live very different social lives than teens during the Great depression. Teens today are very
social to other people; we interact with others by Email, mobile phones, social network sites, and
attending school. Today, teens are very concentrated in their social life, you can see many teens on
the computer using Facebook or using their phones to text their friends. With these new
technologies, we can communicate to friends without being next to each other or writing letters.
Teens interact with adults by talking to teachers, parents, and ordering food at restaurants.
Teens now and teens in the great depression compare culturally in numerously. Adolescents during
the great depression would find a ways to escape the horrors of the depression without spending
too much money. Teens would play sports, board games, playing cards, listened to the radio,
watched movies, and listen to jazz music. Sports like baseball and football were enjoyed during
the great depression, new board games such as scrabble and monopoly were widely played, and
card games like whist and bridge passed the time. They would listen to news broadcasts, sports,
dramas, radio shows on the radio. Teens and all people would attend movies at the movie theater,
movies like Gone with the Wind and those starring Shirley Temple were adored. Walt Disney's
animated movies also came during the Great Depression, films like Snow White and the Seven
Dwarfs were some of his work during

Thesis For The Great Depression Essay
The Great Depression Thesis Paper
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.
Black Tuesday, October 29, 1929 was the official beginning of TheGreat Depression, the day the
stock market crashed. The stock market business was the way of getting rich, now was a way to
go bankrupt. The government determined people invested in stocks lost $40 billion. People were
so far in debt that they could not pay back the banks. 13 to 18 million people across the world had
no work...show more content...
After that people had no money in their bank accounts, or in their pockets. Many people traveled
on foot looking for a place to work, not being very successful. These people were mostly teenagers,
but you could also find groups of families and friends traveling together.
The Great Plains had become a home for 2.5 million people by 1940. 200,000 others had fled to
California. Thousands of people had also set up camps at the Great Lawn at Central Park in New
York. Most of these people dined in soup kitchens after a day of looking for a workplace.
The presidential election took place in 1932 with Franklin D. Roosevelt against Herbert Hoover
for reelection. Hoover didn't stand a chance against Roosevelt. The people had hopes that
Roosevelt would help solve their problems and end the depression faster. In fact, they disliked
Hoover so much people who lost their homes had to move into what they called "Hoovervilles",
which were crummy places. Roosevelt after becoming president spoke this to the people of
America "Let me assert my firm belief that the only thing we have to fear is fear itself– needless,
unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." After
Roosevelt was elected people started to realise they had to start doing something to get back to their
normal

The Great Depression is remembered as one of the all time lows for economic and financial growth
in American history. Companies were unprepared for the economic turmoil that erupted on October
29, 1929 (Buronio, 2012). In order to never repeat the same economic turmoil in the 20th century,
companies must constantly be aware of the fault lines that could lead to failure. In some cases,
companies must reinvent themselves if they want to survive over a long period of time (Bertolini,
Duncan, Waldeck, 2015).
An article called ", Knowing When To Reinvent," was composed by three company leaders, one
being a CEO, to inform other company leaders about potential fault lines that have caused many
companies to have downfalls. However, to prevent economic downfalls, the authors compiled a list
of the downfalls and how to avoid them. Many companies have taken what seemed to be drastic
measures to be successful in a changing marketplace. The thesis outlines the five fault lines within
the article which are: customer needs, performance metrics, industry position, business model, and
talent and capabilities (Bertolini et al., 2015).
Several key points are presented in the article for how companies can be successful. The first, is that
companies must be innovative and be willing "to change their core products or business models"
(Bertolini et al., 2015, p. 90) to keep up with the change in the marketplace. This may require that
they rebrand their product, or change their business

Economic History: The Great Depression
Why was the Great Depression so significant to the United States' economic history? Did economist
learn from the mistakes that lead the country into a misery? The Great Depression was a horrible
crisis for United States, this was a shock to everyone in the early 1930s. Throughout this time,
people lost their jobs, homes, and market value increased. The roaring twenties went from a booming
economy of people buying appliances on credit, families purchasing new cars, and women of the
Jazz Age: smoking, drinking, and wearing short skirts; to people losing everything they owned and
clinching tight to hope. To better understand the troubling times of the Great Depression in regards to
how it began, who it affected the most, and how it was resolved...show more content...
Roosevelt also known as FDR in 1932. Roosevelt was a rich Governor from New York who
offered Americans the "New Deal" and won the votes of suffering people. Shortly after President
Roosevelt was taken into office the first thing he wanted to do was have congress to pass the
Emergency Banking Relief Act to stabilize the banking system (WGBH, 2013). There were many
recovery programs that were put into place to help the US if this tragedy happened again.
Roosevelt built programs to help stabilize the economy. These programs were called the New deal.
They included the Works Progress Administration (WPA), which hired Americans who were
unemployed to work on government structure plans, and the Tennessee Valley Authority (TVA)
constructed dams and power plants in particular areas that suffered from the depression (Great
Depression 2015). These areas included states such as parts of Tennessee, Alabama, Georgia,
Kentucky, Mississippi, North Carolina, and Virginia. The Civil Conservation Corps was one of the
New Deal's most successful programs. The Corps sent 3 million single men between the ages of
seventeen to twenty–three to the nations' forests for employment. These young men lived in camps
in the forest, they dug ditches, built reservoirs and planted trees. They were initially volunteers, but
ended up getting paid $30 a month,

Essay on The Great Depression
The Great Depression was a time of sadness and poverty for many. It became an unforgettable
historical time in American history. The author of the book The Great Depression, Pierre Berton
gives a clear view of what happened from 1929–1941. He basically outlines the Depression event by
event, explaining what happened where and who was involved. Although many books can tell
stories of the depression, I think the author of this book did a good job getting all the facts and
letting the reader know exactly what happened.      It is easily
shown that the author, Pierre Berton, didn't show much opinion in this book. He mainly focused on
just the facts. He would however give some personal views of reasons for certain...show more
content...
The sluggish economy drastically reduced the quantity of goods and services bought and sold.
The industrial and financial urban centers suffered from large numbers of business failures,
which came about in 1932 with over 30,000 failures world wide. Almost 2500 banks were forced
to close their doors because of lack of liquid assets. Because of these massive closings and shut
downs, it led to massive unemployment. Unemployment was at an unheard high of 25 percent in
1933. As a result of this, children received inadequate nutrition and healthcare. Starvation had
become an everyday occurrence. Some unemployed were evicted from their homes and left in
search of jobs or charity. Between 1928 and 1932, the suicide rate in the US rose 30 percent
because many people who had lost everything had committed suicide in shame of their losses.
     According to Pierre Berton, the depression in both rural and
urban areas demonstrated the inability of the US economy to cope with the impact of the of the
stock market crash. Everything that could go wrong did for the citizens living in America in the
1930's. The author explains three main ideas of why the economy took so long to recover for the
market crash according to economists. One being that inequality of wealth and income lead to
instability and set the stage for the big impact the depression had on those at the bottom of the
economic world. Secondly the industrial

The Great Depression Essay
Introduction:
The world had faced two main economic problems. The first one was the Great Depression in the
early of 20th Century. The second was the recent international financial crisis in 2008. The United
States and Europe suffered severely for a long time from the great depression. The great depression
was a great step and changed completely the economic policy making and the economic thoughts. It
was not only an economic situation bit it was also miserable making, made people more attention
and aggressive until they might lose their lives. All the society was frightened from losing money,
work and stable. In America the housing market was the main factor of the great depression. A crisis
of liquidity appeared in the banks forming a credit crunch. This period was influenced by over
extended stock market shortage of water in the south and over trusting. The American government
put down some regulations to control the productions which were essential for the war.
Literature Review:
Great Depression:
The great depression hadn't appeared before in the history of the economic field. It was
something unprecedented. Some countries recovered during a decade while others not. This
depression affected the smallest individual tin the society even farmers were affected. This
collapse created a special case which was known as bowl. In the west a catastrophe appeared from
August 1929 to March 1939. It affected the economic field very severely for a long period. In spite
of being

The Great Depression Essay example
The Depression was a period of time after the economic boom of the 1920's in America, when the
economy went downhill. People lost money, jobs, shares, businusses went bankrupt and the farming
industry suffered greatly. The Republic Government at the time lead by Hoover was still following
policies of Lassez Faire so business was not getting the support it needed to get it back on track.
The Republic Governments Protectionist policies were one of the causes of the great depression.
There were trade problems associated with their protectionist policies. The Republic Government
made high tarrifs on imported goods. This was to make sure that the Americans were buying their
own products. Buying American products meant that they would be...show more content...
The Farmers found that they could not payy of their mortgage debts and got evicted from their
residences and farms as a result. Workers lost their jobs because the employees were no longer in
control as they had been evicted because they couldnt pay off debts.
International Debt was another cause of the depression in the United States. The United States was
still being effected by International trends. Even though the US was going through a stage of
prosperity, the International economy was still recovering from war. There were war debts that
needed to be repayed to other nations. There were reparation repayments that needed to be payed
because of the effects of the war. Also the depression and inflation of Germany which was Europe's
largest economy had an impact on the economy of the United States.
The Wall Street Crash was a trigger for the collapse of the United States economy.On Tuesday the
24th of October lots of inverstors tried to sell their shares at once. this made share prices drop very
fast. by the end of the day the stock exchange had lost four billion dollars. Many of the stock
brokers sold shares on margin. To buy shares to begin with they had to borrow money from the
banks. when the stock prices began falling the brokers needed to repay their debts to the banks. the
only way to do that was if their customers payed them back. the customers had to sell their shares to
pay the brokers back and they

Many people speculate that the stock market crash of 1929 was the main cause of The Great
Depression. In fact, The Great Depression was caused by a series of factors, and the effects of the
depression were felt for many years after the stock market crash of 1929. By looking at the stock
market crash of 1929, bank failures, reduction of purchasing, American economic policy with
Europe, and drought conditions, it becomes apparent that The Great Depression was caused by more
than just the stock market crash. The effects were detrimental beyond the financial crisis
experienced during this time period. The first and most obvious known factor in the development of
The Great Depression is the stock market crash of 1929. The Money Alert website...show more
content...
The banking industry as a whole after the stock market crashed was going bankrupt due to not
being able to carry the "bad debt" that was created from using customer money to buy stock.
Because the banks were out of money, they were unable to cover customer withdrawals from their
bank, causing many bank customers to lose all of their savings. With the uncertainty of the future
of the banking industry, many people withdrew all of their savings, which caused more than 9,000
banks to close their doors and go out of business (Kelly). Due to the effects of the Great Depression,
and the collapse of the banking industry, the government created regulations to prevent similar
failure in the future. For Example, the SEC, (or Securities Exchange Commission), which regulates
the sell and trade of stocks, bonds and other investments was created as a result of The Great
Depression. The FDIC (or Federal Deposit Insurance Corporation), was created to insure bank
accounts so that that the consumer would be protected if the bank were to go out of business
(Kelly). The Great Depression's effect on the banking industry led to many useful changes to the
banking industry and helped restore confidence in banks in the American people. The next major
factor that contributed to the Great Depression was the reduction of goods being purchased during
the time period. After the stock market crashed, consumers from

Women in the Great Depression Essay
The Great Depression can be a tough subject for most people, but still inspiring to others. The Great
Depression was a very difficult time for America as well as women. The women of the Great
Depression struggled through many trials, as did many others in the United States, but they were
able to get through it all. The women of the Great Depression worked their hardest to stay true to
themselves, and their family, as well as, to keep a job, a stable household, and for some, a strong
marriage.
Women primarily worked as teachers, nurses, and telephone workers, but when the Great
Depression hit, women began to be fired from their jobs. Plus many men disagreed with women
working during the Depression, especially if they were married to working...show more content...
The fortunate middle class Americans unexpectedly, during the Great Depression, didn't even
look twice at the luxuries of the world. Just as any American during that time, they had their
focus on the necessities of life such as food and shelter. Many worried about losing their home
because they could barely keep up with the paying bills. As a result, the Homeowners Loan
Corporation (HOLC) helped refinance home loans supporting Americans and allowing them to
stay within their homes. Many middle class and upper class women began writing their own
personal budgeting accounts to help them pay bills as well as food. They also taught other
women how to properly budget their own small sum of money. They budgeted to help them keep
control of the money they had and make sure that they had the right amount of money with them
all the time. In an article written by Richard C. and Sharon M. Hanes told a little bit about a lady
and how she and other women handled money for the food for their family and others saying,
"...prided herself on "making do" when feeding her family. If very careful, a woman could feed a
family of six on five dollars a week...Mothers could make a pot roast last an entire week...Vegetable
gardens sprang up in backyards and vacant city lots. Women did their own canning, pickling, and
preserving..." (Hanes). These women were inspiring and thought of the most interesting

The Great Depression is probably one of the most misunderstood events in American history. It is
routinely cited, as proof that unregulated capitalism is not the best in the world, and that only a
massive welfare state, huge amounts of economic regulation, and other interventions can save
capitalism from itself. The Great Depression had important consequences and was a devastating
event in America, however many good policies and programs became available as a result of the
great depression, some of which exist even today. When the stock market crashed in October 1929,
the nation plummeted into a major depression. An economic catastrophe of major proportions had
been building for years. The worldwide demand for...show more content...
It was a time when federal and state officials were still developing work programs for the
unemployed. This great industrial slump continued throughout the 1930's, shaking the
foundations of Western capitalism. When the Depression began, there was no federal relief for
the unemployed or assistance for families facing starvation. Some states operated relief programs
but curtailed them due to declining tax revenues. Religious and charitable organizations provided
relief in many urban areas; however, in many of these organizations operating in the North as
well as the South, there was a lot of discrimination and racism, which excluded African Americans
from their "soup kitchens." In communities where relief work was offered through state agencies,
African Americans were given less in monthly aid than white applicants. The reason I am
referring to African Americans is because I have recently read a book that dealt mostly with the
great depression and welfare programs. This book is called "There are no children here" and it is
written by Alex Kotlowitz. This is not about a fictional story of hardships and struggles but rather it
is a harsh reality that exists in this country, one to which we turn our backs and close our eyes to
daily. This book is touching only if you understand and acknowledge the facts that perpetuate poverty
and welfare dependency in the United States. Although I learned a lot from this book I

Essay on Great Depression
Great Depression "No one can possibly have lived through the Great Depression without being
scarred by it. No amount of experience since the depression can convince someone who has lived
through it that the world is safe economically." was once stated by Isaac Asimov. The Great
Depression was one of the horrific and troubling times of American history. Many homes were
affected by this tragedy and many families were broken as a result of it. Man had the opportunity
to prove himself by both continuing and struggling with his family of leaving them. In Cinderella
Man Jim Braddock was the type of man to do anything for his family. His determination and strong
will to provide for his family made him excel in his boxing matches. Their true...show more content...
The crash did contribute to the depression but many other things helped worsen it. The stock
market crash was only initially the problem of the great depression. The crash of October 1929
gave many people a negative view toward the economy and their future. Living through a thing
such as the depression was cold and miserable. The conditions after several years only worsened.
In Cinderella Man Jim Braddock was at first a wealthy man who lived in a nice house and when
the depression came about his life turned upside down and he had to live in a old run down
apartment. Man people's lives dramatically changed and their reality of a normal life was quickly
changed. The Braddock family was used to having enough food and clothing but when the
depression came and the reality sank in, they barley had enough money to put food on the table.
They also had to come to reality with the fact that they heater and electricity was turned off but
they continued as a family and never gave up. One third of all blue collar workers lost their jobs.
The high unemployment rate gave fear and anxiety to many workers. At any moment their job
could be next and there was no other source for money. Hoovervilles popped up from coast to coast
throughout the country. Homeless men, women, and children were forced out of their homes into
these run down shacks. The people who lived in King 3 these areas blamed President Hoover for

Great Depression In Germany Essay
Prior to the Great Depression, Germany was already in a poor economic and political state. More
than 6 million Germans were out of work. Germany also had to pay massive reparations for
supposedly being solely responsible for all the destruction that WWI caused, and the government was
unstable, with several parties vying for power. The current government, the Weimar Republic, was
losing support and there was no clear successor to be the new government of Germany. How did the
Great Depression affect an already gloomy Germany? How did Hitler and the Nazis take advantage
of the economic crisis? In 1920–1923, the inflation of the German mark led to the decrease of
private capital in German merchant banks. These banks had no choice but to take the...show more
content...
Unemployment was on the rise and personal income on the fall. The government's budget was in
the negatives and industrialists were insisting on lower taxes for employers and capital, while also
insisting on higher taxes on the working class. It was this new tax that led to the dissolve of the
coalition of the parties of the Weimar Republic. The Reichstag was dissolved soon after. The new
head of the Weimar Republic enacted more taxes to push the working class further into poverty. The
election in 1930 show the correlation between economic crisis and political radicalism. The
right–wing parties, with their traditional voter base of Protestants and the middle class, no longer
had sufficient support and their voters went to Hitler's party, the National Socialists. This sudden
rise of support for National socialism was the result of the radicalization of the middle class (Frey,
Bruno S. Effect of the Great Depression, 410). The unemployed, and the employed who felt their
jobs were not secure, in a last–ditch effort to save their social status, took to supporting radical
parties. There was also a large number of first–time voters without party affiliations who were easy
targets for the

The Impact of the Great Depression Essay
The Impact of the Great Depression
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.
America's agricultural economy had already been suffering for a decade when nature conspired
against the country to exacerbate the Great Depression. From 1931 through 1939,...show more
content...
Everyone scrounged about for small, labor intensive jobs at low wages. Even women and children
had to work to subsidize the family income. The recently homeless lived in shantytowns
nicknamed "Hoovervilles" after President Hoover who was moving slowly and ineffectually to
deal with the Depression (Wikipedia). Little food was available and many had to search garbage
heaps and other such locations for any kind of sustenance. The economic crisis had ushered in a
decade of unprecedented mass poverty and poor living conditions.
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.
With no relief in sight from the government or anyone else, people's anger and resentment grew. The
Communist party and other socialist groups saw a swell in their numbers. Labor strikes and protests
against the government began to erupt. The most notable of these was the Bonus Army March on
Washington. More than

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