Great Depression Essay

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
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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

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

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

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

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

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

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. TheGreat
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

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 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

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

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

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

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

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

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

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 theGreat 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 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

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

Great Depression Essay

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Great Depression Essay