Dust Bowl DBQ

Dust Bowl Dbq
World War 1, the first global conflict of the world (lasting 4 years), came to an end. The war itself
has claimed the lives of 9 million to 13 million men and has caused an unbelievable amount of
damage to all countries. Germany surrendered, and all other nations agreed to end the war while the
terms of peace were being negotiated. President Wilson set fourth his plan for "just peace" following
his fourteen–point outline which vison a safer world. Although President Wilson wanted peace, the
nation leaders ignored his proposal–Europe especially. They wanted retribution. Germany was to
admit guilt and were liable to pay any financial reparations to the Allies. Thus, all nations including
Germany, signed the Treaty of Versailles.
Life after the ... Show more content on Helpwriting.net ...
Between 1939 and 1941, due to the Japanese attacking Pearl Harbor, the United States
manufacturing went up 50 percent. Even though the New Deal did not uplift the U.S's economical
issues from the Great Depression, the mobilization for World War 2 revived the economy during the
late 1930's to 1940's.
Primary Sources:
Books, Meredith, and Kevin Markey. 100 Most Important Women of the 20th Century. Des Moines,
IA: Ladies Home Journal, 1998.
Caver, Charles B. Can Unions Survive? The Rejuvenation of American Labor Movement. New
York: NYU Press, 1995.
Roosevelt, Franklin D. Inaugural Address. Washington DC, 1933
Elliot, George P. Dorothea Lange. New York: The Museum of Modern Art, 1966.
Secondary Sources:
Kennedy, David M. "What the New Deal Did." Political Science Quarterly 124, no. 2 (June 2009):
251–68. Jstor. http://www.jstor.org/stable/25655654.
Gordon, Linda. "Dorothea Lange's Oregon Photography: Assumptions Challenged." Oregon
Historical Quarterly 110, no.4 (2009): 570–97. http://www.jstor.org/stable/20616013
Koyama, Kumiko. "The Passage of the Smoot–Hawley Tariff Act: Why Did the President Sign the
Bill?" Journal of Policy History 21, no. 2 (2009): 163–86. Project Muse. Accessed March 26, 2018.
... Get more on HelpWriting.net ...

Herbert Clark Hoover: The Great Scrooge
It is said that some people are meant for each other, but sometimes the bad timing of things makes it
wrong. This is exactly what occurred with Herbert Hoover and the presidency. The country and even
some of the world believed that Hoover was perfect for the job. But if he was such a perfect fit, then
how did he become known as The Great Scrooge? Herbert Clark Hoover was born on August 10,
1874 in West Branch Cedar County, Iowa (Leuchtenburg 1) . He was born into a very poor family.
Both his parents died making him an orphan. He was sent to live with one of his uncle's in Oregon.
Hoover grew up there but, decided to apply to a newly founded school, Stanford, in California
(Leuchtenburg 5). Although he failed the entrance exam Hoover was still ... Show more content on
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Magazines, newspaper, people all over the United States wanted Hoover to run for president. People
like F.D.R and his wife, Eleanor Roosevelt, wanted Hoover to run for president and under a
democratic campaign. For a while Hoover hadn't said what party he would campaign with, but on
March 30, 1920 he announced that he was a Republican. Hoover ran in the Election of 1928.
Herbert Hoover was a Republican and ran against Alfred E. Smith a Democrat (Foner 636). Hoover
won by a landslide and became President of the United States in

Isolationism And The Great Depression And World War II
During the 1920s, the United States was believed to have followed a foreign policy of isolationism
that led to the Great Depression and World War II. However, this is a historical misconception
known as the myth of isolationism because the U.S. followed a foreign policy in the 1920s called
independent internationalism, which was a new idea to promote economic diplomacy through
peaceful relations and non–military intervention. In Jeremi Suri's Opt–Ed article, Trump is repeating
the isolationism that led to the Great Depression and WWII, he argues that Donald Trump is
following similar foreign policies of isolationism such as the increase on tariffs, restriction on
immigration, and the dismembering of alliances, that mirror what occurred in ... Show more content
on Helpwriting.net ...
Howard Jones who is the author of, Crucible of Power, argues that the U.S. followed a foreign
policy of independent internationalism to secure foreign markets through peaceful means and this
can be seen in Latin America. Woodrow Wilson promised not to seek territorial acquisitions to the
South, but would not renounce the spread of U.S. influence through economic means and this lead
to the U.S. having influence in 75 percent of Latin American during the 1920s. To spread economic
influence throughout Latin America the U.S. insisted it would be through peaceful policies, but
continued the use of military interventionism in countries like the Dominican Republic, Haiti, and
Nicaragua until the middle of the 1920 's. This is also an example which shows that the U.S. did not
pursue an isolationist foreign policy and wanted to go out in the world and expand its markets. Suri
also compares how Donald Trump wants to replace NAFTA and impose high tariffs to the Smoot–
Hawley Tariff Act from 1930, which seeks to prove that the U.S. acted with an isolationist foreign
policy to protect its home markets. However, William Appleman offers an amazing argument as to
how President Hoover was a smart business man that pushed for the Open Doors policy to try and
solve the problem of

The Great Depression Of 1929
The Great Depression of 1929 was a deadly blow to the economy. This occurs when the United
State won the World War I. After the war people who worked in the factories making weapons lost
their job. People who came back from the war did not when back to work they were proud of
themselves having fun time buying stocks. Then the disaster happened, on October 29 the Black
Tuesday the stock market crashes, the stock drop the banker who bought the stock invest more
money into the stock hope the stock is going to rise, but it did not seen to work out the stock were
still decreasing and people were unable to sell out their stocks. Which cause the Bank Failure,
people want to take their saving out from the banks, but the banks were unable to give back their
money about 9,000 banks failed in the 1930s(Martin 1). The unemployment rate keeps rising, people
who did not have a job were worried about their saving, afraid to waste their money on goods
become very careful on the use of money on goods. This cause the Reduction in Purchasing some
business failed. The disaster did not end the natural disaster the Dust Blow occur on April 14, 1935.
There were about 38 storms by 1934 millions of farmers lost their farmland and houses have to
leave their homeland became homeless. On March4,1933. When Franklin D. Roosevelt became the
president of the United States he release the New Deal combine over ten Acts. The most significant
of the New Deal was the Banking Act of 1933 "prohibited bank

Early 1930s Research Paper
The early 1930s was a disintegrating period accompanied by massive trade and capital collapse.
Total world trade in 1933 was only one–third of the 1929 level. The two major reasons causing this
dramatic decline are the falling demand and increasing trade barriers. These two factors reinforced
with each other thus made the situation hard to recover.
Looking first at the falling demand, although the Great Depression was the dominant reason leading
to less consumption, monetary tightness in 1928 due to Fed's antispeculative policies has already
caused a downturn in real activity. Construction, as a component of investment, and automobiles, as
a component of consumption, were influenced the most due to this rise in interest rates. (Field, 1984,
... Show more content on Helpwriting.net ...
The main reasons towards this are the improved policy responses learnt from the 1930s experience.
In 1930s, countries used gold standard to maintain fixed exchange rate and free capital flows which
sacrifice independent monetary policy. Therefore, when the crisis arrived, countries could not lower
the interest rates to boost the economy unless they left the gold standard. Evidence shows countries
left the gold earlier had a quicker recovery while others stayed on gold experienced further
deflation. (Bernanke, 1995, Pg4) In contrary, most counties use floating exchange rate nowadays
which means they can use expansionary monetary policies immediately when facing economic
shock. In 2008, the Fed aggressively lowered interest rates and used quantitative easing when the
economy was at the zero lower bound which hugely raised money supply to prevent deflation.
(Crafts and Fearon, 2010, Pg288) The major difference between 1930 depression and 2008 recession
is the use of fiscal policy. No countries used fiscal policy for recovery before 1942 (Almunia et al.,
2010, Pg234), expect Germany, who boosted economy through fiscal expansion and rearmament.
Therefore, there is debate about the effectiveness of fiscal policy, hence the size of the multiplier.
However,

Arguements Over the Causes of the Great Depression
New Dealers argued that the Depression was a crisis of "under–consumption." They contend that
low wages and high prices due to the uneven distribution of wealth had made the idea of purchasing
products in this industrial economy out of the question; and that a "lack of demand had led to the
economic collapse (Glenco)," especially after the poor were hammered by the effects of the stock
market crash. Furthermore, placing sole responsibility of the depression on the unbalanced
distribution of wealth is unreliable in the sense that a domestic solution was unavoidable in the
minds of New Dealers, whom acquired a predisposition to place limits on corporate leaders, which
distracted them from recognizing the full effect of other obstacles during the Depression.
With the decline in purchasing power already intact, the drastic contraction in currency added insult
to injury. This monetary interpretation concluded that the Great Depression was a byproduct of
"mistaken decisions by the Federal Reserve Board," which "raised interest rates when it should have
lowered them (Glenco)." These measures insured that a rather generic recession would climax into
the Great Depression known today. However, the validity of this argument can be questioned
because of Friedman's disposition to see things through a monetary lens: allowing Freidman to
advocate his position "that sound monetary policy is the best way to solve economic problems
(Glenco)," and ignore the drop in consumer spending and

International Economic Policy in Times of Crisis Essay
Governments face all kinds of crises every day, the approaches may be different but the goal is
always the same–maintain stability. While, wars and crimes against humanity tend to take a toll on
the population, infrastructure and terrain quite literally, financial crises can psychologically cripple a
country. There's something about a financial crisis that conjures a level of panic that could rival the
outbreak of a deadly disease. Maybe this is caused by a lack of visible end, as it seems the light at
the end of the tunnel is only made clear at the end of the crisis. Even with examples from history to
refer to, each financial crisis seems to take on a version all its own like a new strain of a deadly
virus. The government tries to ... Show more content on Helpwriting.net ...
The Austrian School, support free market but believe there are too many variables and the shifts in
equilibrium occur too quickly to rely on models instead use logical deduction based on fundamental
axioms (). Monetarists believe that the emphasis should be on the role of governments in controlling
the money supply (). Keynesian economics and its modern variations remains a common school of
thought in the U.S. that focuses on analyzing macroeconomic elements in the short term using
models (). The protectionist inclined schools, like the American School and at times the Austrian
School, prefer to use import tariffs and/or industry subsidies to calm the economy (). While,
believers in free trade, like the Keynesian School and Monetarists, are partial to adjusting interest
rates and fiscal stimulus in order to restore the economy.
The Great Depression of the 1930s is often used today as a point of reference to learn from failed
protectionist policies. Black Tuesday, October 29, 1929 marks the horrifying beginning to the Great
Depression with the most devastating collapse in the stock market until the recent crisis. The U.S.
government passed the Smoot–Hawley Tariff Act of 1930 in reaction to the financial crisis. The act
raised tariffs on over 20,000 imported goods to the second highest levels in American

Great Depression Relief
The Great Depression and the Progress to Relief The Great Depression has been marked as one of
the darkest periods faced by the world after the Total War, WWI. Many in the U.S. can recall the
good times felt in the 1920's. Money could be made and credit was the norm, much the same, seen
today. The despair that rolled on the world in 1929, when the stock market crashed brought much
devastation not just to Americans, but the world. It is not that the struggle was necessary forgotten,
just push to the back of minds as something that will never happen again. The democratic America
first did as a democracy is expected to do, under the Hoover administration "stay far removed from
the lives of its citizens," (George, 2011) was American democracy ... Show more content on
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Many citizens protest this action since most of the meat went to waste
The Civil Works Administration is established" (American Experience: TV's most–watched history
series, 2013)
1935
"Father Charles E. Coughlin establishes the Union for Social Justice.
FDR signs legislation creating the Works Progress Administration. (Its name would be changed in
1939 to the Work Projects Administration)
The National Youth Administration is set up to address the needs of young men and women (who
are not allowed in the CCC)." (American Experience: TV's most–watched history series, 2013)
1936
"Photographer Dorothea Lange visits a pea–pickers' camp in California's San Joaquin Valley and
takes photographs of harvest workers.
1937
United Automobile Workers strike at the General Motors Plant in Flint, Michigan
Roosevelt recession ensues" (American Experience: TV's most–watched history series, 2013)

U.s. Trade Policy Policies
U.S. Trade Policy Throughout history, the United States' trading policies have shifted from early
protectionism intended to generate revenue and support domestic industry growth to a high degree
of free trade within the international trade market (Carbaugh, 2015). In between, policy changes
designed to increase and decrease tariffs were enacted due to pressure from politicians, economists,
industries, citizens and other countries. Yet, emphasized in the ensuing paragraphs, America's
continuous efforts to maintain a sufficient amount of trade tariffs has continuously led to
fluctuations in the domestic economy. Along with the country's practice of protectionism, the
policies that influenced the major changes in tariff rates include the ... Show more content on
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As the initial tariffs laws prospered enough to yield over 90 percent of the federal government's total
revenue, pressures from developing industry leaders urging for a higher degree of protection needed
to combat growing foreign competition overwhelmed the governments revenue motives (Carbaugh,
2015). Highlighted by Alexander Hamilton's propositions to the federal government in 1791, actions
in the form of higher import tariffs and government subsidies were essential to the promotion of
manufacturing within the United States (Irwin, 1996). Consequently, these views fueled a growing
debate and struggle between the North's industry led economy who favored higher duties on imports
and the South's import dependent economy, which relied on lower costs (Carbaugh, 2015). With the
government's passing of the Tariff of Abominations in 1828, their intentions of promoting the
purchase of domestic goods by increasing the price of cheaper foreign products, mostly from
English exporters, enraged the Southern economy due to the record setting tariff duties that were the
highest in the world (Wilson, 2009). Additionally, the Southern states desired lower tariffs in order
encourage the trade of cotton and tobacco, which were supplied by Southern farmers and plantation
owners (Wilson, 2009).
Although the Tariff of

The Smoot-Hawley Tariff Act Of 1930
The Great Crash "[It] marked a fundamental break in U.S. history, a drastic change in basic attitudes
and institutions that define the roles of citizen and state" (Reynolds 1416). On October 29, 1929, the
U.S. Stock Market crashed, or the "the value of stock fell quickly" (Arnesen 36). This occurred after
years of massive speculation, which was the purchase of high–risk stocks for a high return. In all
actuality, the downward spiral began on October 18, when stocks first declined. The destabilization
of the market convinced stockholders to begin pulling out their funds; they also traded stock for a
lower amount in value, so shareholders lost the full value of their investments. This "panic" came to
fruition on October 24, Black Thursday; ... Show more content on Helpwriting.net ...
According to Alan Reynolds, government policy could be the only possible cause to destabilize the
economy. This can be seen in the Smoot– Hawley Tariff Act of 1930; the five point plan summarily
stated the following: raise the cost of living, stop all help to the farm sector, urge foreign countries to
pay higher trade tariffs, and hinder foreign debtors from paying U.S. foreign investors (Phalan). On
another note, the stocks collapsed on October 28, 1929, or Black Thursday, when multiple members
of the senate switched to the approving side of a calcium carbide tariff. Then, another tariff was
forced upon Hoover, and the next day was Black Tuesday. Finally, on November 14, the senate
postponed action on the Smoot–Hawley Tariff, which caused a rise in stocks. Yet, the stocks
downturned in anticipation of Hoover's veto on the act even though he ratified it. To clarify, each
passing of tariffs caused a downward force on stock value (Reynolds). Moreover, overspeculation,
purchasing high–risk stock, flourished as interest rates were artificially lowered (Etheredge). As
aforementioned, this caused a false sense of security within the market. The market's peak in August
of 1929 caused by this over speculation ended in October, and the massive loss of monetary value
wiped out bank deposits ("Stock Market Crash of 1929"). In expansion, banks had utilized deposits
to invest in the market and create interest, yet the money was not secured by an agency such as the
FDIC, or Federal Deposit Insurance Company. Therefore, bank runs occurred as citizens rushed to
withdraw from their accounts. The cause of such an event spurred the ratification of the Glass–
Steagall Act, or Banking Act of 1933, which created the FDIC (Pusey 1). In all, over speculation
caused economic chaos, and actions on the Smoot–Hawley Tariff caused a downturn in stock.

How Did The Great Depression Affect America's Economy
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.
In 1930, economic measures were made between the U.S. and other countries regarding imports and
exports. The Smoot–Hawley Tariff Act was intended to protect American farmers against
international imports of produce ("Smoot"). However, the result of this tariff resulted in an
overproduction of produce ("Smoot").

Herbert Hoover, One of the Worst Presidents in American...
Because of the plague known as the Great Depression, Herbert Hoover is often seen as one of the
worst presidents in American history. He enacted policies such as the Hawley–Smoot Tariff that
flushed America deeper into the depression. Hoover didn't understand that to solve a crisis such as a
depression, he needed to interact directly with the people by using programs such as social security
and welfare. Instead, Hoover had the idea that if he were to let the depression run its course, it
would eventually end. There are three things that can be used to define Hoover's presidency during
the depression, his actions, his mentality toward fixing things, and the fact that he helped pave the
way for the "New Deal" One main cause of the ... Show more content on Helpwriting.net ...
Herbert Hoover had a belief that self–reliance and hard work in industry is what makes America
great, unfortunately for Herbert Hoover, this is exactly what got America into the Depression. When
Hoover enacted Hawley–Smoot Tariff, he basically isolated the U.S. because no country wanted to
pay the high tariff rate. Since America was left alone to suffer, Hoover decided that it would benefit
the people if he enacted laws like the Federal Home Loan Bank Act. This act was meant to lower
mortgage rates and help farmers refinance their farms, but since the depression was already in full
swing, it was again too little too late. Herbert Hoover at one point fully believed that if the
depression was virtually left alone, it would fix itself because of the boom and bust economy. This
also didn't work, because without government help, the people didn't know what to do with
themselves and were left to suffer the depression by themselves. Hoover's attitude was changing
from optimistic to desperate because nothing that he tried seemed to work. It seems as though
Hoover was afraid of what he had done to America when a group of World War I veterans, known as
the Bonus Army, came marching in Washington looking for the bonuses they were promised. The
bonus wasn't due until the 1940's, but with the uncertainty of the economy, they wanted to get what
they could, while

China's Contributions To America
China, the second leading exporter in the world, is known for their immense role in the United
States economy. Without China's contribution to the U.S. economy, the United States would suffers
tremendously. This is the same case for China, the contributions from foreign companies is a big
reasons for China's success. The relationship between these two superpowers were not always very
strong. For years the United States trade system was not a very compelling situation for other
countries to do trade. As the United States evolved into the superpower country they faced a lot of
complications. For the United States of America to remain one of the world's most powerful
countries a strong relationship with China is a necessity. The continuation of ... Show more content
The united states has numerous amounts of factories in china for the production of goods at the
cheapest price possible. With Americans relying on the basic price of an item, say the price of an
iPhone, without manufacturing this in china at the lowest wage several americans would simply not
be able to buy these luxury items. This is the case for not just luxury items but for all items like
plastic silverware, furniture, backpacks and many other items. If the United States were limit the
amount of imports from china the entire economy would change. Not just because of the increase in
prices but small businesses would be affected as well. For example say a small self owned restaurant
budgets themselves on how much the plates, silverware, and napkins cost. Without imports from
China these prices would jump immensely resulting in the owner to either increase the price of the
product or they will begin to lose

How Did Hoover Respond To The Great Depression?
Herbert Hoover was elected president of the United States on November 19, 1928; unfortunately,
less than eight months later, the stock market crashed. Hoover mistakenly considered this crash as
only a passing point for America. But it was only three years later when economic slowdown and
over speculation brought America into an upcoming Great Depression. This was a devastating blow
for Hoover, his administration, and the American people. President Hoover attempted many ways to
fix the economy. He founded new government agencies and encouraged cooperation between
government and business to try to stabilize prices as well as attempt to balance the budget. These
relief attempts might have shown positive outcome in the early years of the depression, but as the
economy worsened, calls for more government involvement increased. President Hoover believed
that too much intervention by the government would destroy American individuality and self–
reliance, which he thought were ... Show more content on Helpwriting.net ...
This committee unfortunately soon proved ineffective. In attempt to calm down international
tensions and appease the global depression, Hoover issued the Hoover Moratorium in 1931. The
Moratorium called for a one–year halt in allied war payments, debts, as well as reparations made by
Germany to France. France strongly disliked this plan since it had significant losses to Germany in
World War 1. The Moratorium had little effect overall and never helped establish any permanent
solutions. Trying to aid the economy, Hoover urged the major banks of the country to merge in order
to form what is known as the National Credit Corporation (NCC) in 1931. The purpose of this
merger was to loan funds to the smaller banks in order to keep them from shutting down. Hoovers
plan once again failed. The NCC was not able to fix the

The Federal Reserves' Role During the Great Depression
The Federal Reserve was faced with the ultimatum of either preserving the gold standard currently
in place, or to dent the depression as quickly as possible. Denting the depression would require
much easier credit than the latter, but the "gold standard handcuffed governments around the world
(econlib)." After Britain went off gold, higher interest rates initiated by the Federal Reserve
followed to "stem gold outflows." Once this happened, "the discount rate went from 1.5 to 3.5
percent," which was a "huge increase" considering the current situation of the economy. Although
the gold standard was not the sole cause of the depression, there is a trace amount of evidence
suggesting that it helped foster the depression in that "once countries abandoned it" their "economies
usually began to grow again (econlib)." Despite the fact that the actions of the Federal Reserve were
not the leading causes of the Depression, it is important to note that the decision to increase interest
rates only instigated the crash of 1929, while also highlighting the complications of the gold
standard, which then led to its dismantlement and the initiation of slow but sure recovery.
The Dust Bowl
With 30 percent of Americans already agitated by the crumbling prices of agricultural goods, the
severe drought known as the Dust Bowl, lasting nearly ten years, wiped out farmers crops, and
carries with it implications of prolonging the end of the Great Depression. Due to the advantageous
agricultural

1930's Dbq
Towards the end of the 1920's the economy in America took a drastic turn. This was when Calvin
Coolidge's presidency had ended and changes in the government began to take place. "Just seven
months after Herbert Hoover entered the White House, economic trouble mocked his campaign
statement about being near 'the final triumph over poverty.' On October 24, 1929 panic swept the
New York Stock Exchange as nearly 13 million shares changed hands" (Hamilton). The start to
Hoover's presidency was also the start of the Great Depression. His term consisted heavily on
working on taking steps to bring America out of the drastic economic fall that they had just entered.
He began taking action by launching public works programs, tax reductions, and the formation

The Stock Market Crash Of September 27
History Essay:
Introduction The stock market crash of October 27, 1929, marked the turning point in America's
economic history. The prosperous nature of the 1920's was no longer as America suffered its longest
and most severe depression in its existence. Despite actions taken by the government to counteract
the economic collapse; inevitably, the depression left 25% of America's population unemployed and
millions hungry as agricultural stocks plummeted. The practice of "Buying on the margin" exposed
the flaws in America's economic system and the consumer mindset which once was the driving point
for the prosperity of the United States, now became its demise, as overproduction and under
consumption occurred. Despite Hoover's best efforts to reinvigorate the economy, it was his actions
that ultimately prolonged the depression and contributed to its extent. Ultimately it was for these
reasons that the Wall Street crash can be considered the catalyst for the great depression.
In 1776, The Declaration of Independence declared that the United States of America should aim to
enable 'life, liberty and the pursuit of happiness'. The 1920s, or the "jazz age" seemed to be the
period in America's history where this aim, in an economic sense, was fulfilled. Despite beginning
and ending with recessions, the 1920s ultimately are considered a decade of unrivalled prosperity. In
this decade the Gross National Product rose from $73.3 billion in 1920, to $104.4 billion in 1929,
reflecting

The Great Depression And Economic Depression
The Great Depression was a worldwide economic depression that took place during the 1930s. The
timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted
until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century.
In the 21st century, the Great Depression is used as an example of how far the world 's economy can
decline.
The depression originated in the United States, after a fall in stock prices that began around
September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 .
Between 1929 and 1932, worldwide GDP fell by an estimated 15%. By comparison, worldwide
GDP fell by less than 1% from 2008 to 2009 during the Recession. Some economies started to
recover by the mid–1930s. However, in many countries, the negative effects of the Great Depression
lasted until the beginning of World War II.
The Great Depression had devastating effects in countries both rich and poor. Personal income, tax
revenue, profits and prices dropped, while trade plunged by more than 50%. Unemployment in the
U.S. rose to 25% and in some countries rose as high as 33%.
Cities all around the world were hit hard, especially those dependent on industry. Construction was
halted in many countries. Farming communities and rural areas suffered as crop prices fell by
approximately 60%. Facing plummeting demand with few sources of jobs, areas dependent on
primary sector industries such as

Causes Of The Great Depression Essay
Causes of the Great Depression
Many people think that the Great Depression was caused solely by the stock market crash. Anybody
who tells you this probably didn't pass U.S. History in high school. The fact is, the Great Depression
was caused many different factors. Four of which were overproduction, uneven distribution of
wealth, protective tariffs, and the four "sick industries" of the 1920's.
After World War I, new technological improvements helped factories to produce higher quantities of
goods using smaller amounts of employees. Fewer workers meant less money being redistributed to
the consumers to purchase products. America didn't have a necessity for this higher quantity of
goods with less people ... Show more content on Helpwriting.net ...
In reaction to this, other nations stopped buying American–made goods and the United States'
economy floundered because of this.
During the 1920's, four of America's leading industries began to struggle. First, railroads had
difficulties because of the growing competition from cars, trucks, and busses. Second, textiles
floundered because of the foreign competition from India, China, Japan, and Latin America.
Furthermore, the revolutionary transformation in women clothing reduced the amount of material
needed and thus lowered the demand for cloth. Third, the coal mining industry struggled because of
competition from cheaper, more widely available resources such as natural gas, oil, and
hydroelectric power. Fourth, America's agriculture industry staggered chiefly from overproduction.
Many farmers borrowed money to expand their operations and couldn't pay back their loans because
the prices of crops dropped about 50 percent due to foreign agricultural competition.
In conclusion, the Great Depression can't be attributed to just one cause. However, among
overproduction; uneven distribution of wealth; protective tariffs; and the struggling of America's
leading industries, the largest contributor to causing the depression, in my opinion, was the unequal
distribution of income. I believe this because if congress attempted to redistribute money to the
consumers, people would have been able to purchase

Compare Today's Economy To The Great Recession
In the December 19, 2008, Smart Money Editorial, the article "Current Recession Is no Great
Depression (We're being excessively pessimistic)," Donald Luskin's purpose is to illustrate how
people compare today's economy to the Great Depression and he argues that there is no comparison.
In paragraph 1 through 4, he states that the recession impacts the economy but not as much as the
Great Depression did, were almost everybody struggle for not having food and employment, in this
case Recession made the stocks cheaper and because of the low prices, people were exaggerating
that this will lead to the depression again, but it is not , he explains that the nation already learned
how to avoid that kind of horrible economic catastrophe,

President Hoover Dbq
Thesis Question: President Herbert Hoover is often undermined and overlooked as an idle
predecessor in comparison to the renowned Franklin Delano Roosevelt. Many people believe that it
was Hoover's lack of action that brought America to its knees before the Great Depression. Should
Herbert Hoover be defined as the ineffective president accountable for the aftermath of the Stock
Market Crash of 1929 or did he actually play an important role in alleviating the economic turmoil,
but simply went unrecognized for his heroic contributions?
Although he is known to be an excellent businessman, the prevention of the Stock Market Crash of
1929 was an impossible feat for even someone as educated as President Herbert Hoover. All
throughout the prior ... Show more content on Helpwriting.net ...
The ability to harvest product evolved into a comparatively swift task and the sheer supply of food
was on the rise. However, this seemingly joyful moment soon went sour when supply became
limited by lack of demand. As a result, crop prices fell and unemployment was on the rise. Upon
stepping into office on March 4, 1929, Hoover noticed this decline and immediately began drafting
proposals to counteract the effects of agricultural recession. Three months later, he succeeded in
passing the Agricultural Marketing Act. In such little time, he had already put forth a resolution by
providing farmers financial insurance, which helped sooth the economic unrest. President Herbert
Hoover's Agricultural Marketing Act was an excellent first impression in exhibiting his proactivity
and his endeavor to prevent the market crash.
After the crash, Hoover continued to demonstrate his tireless humanitarian character when he agreed
to sign off on the Smoot–Hawley Tariff Act the following year. He understood that with the
economy obliterated, public grievance levels were on a steep rise. Hoover wanted to continue
protecting the people, as well as the U.S. agricultural interests, so he decided to draft a bill that
would increase thousands of import tariffs. The goal was to encourage international trade and the
purchase of goods produced by the United States. With even higher import tariffs and a high
international demand for domestic products, perhaps America could be saved. At the time,

The Real Causes of the Depression
Statistics show right now in the United States the unemployment rate is high. A lot of people are
saying that this is bad and the economy is slowly going downhill, but most people forget to think
that these things are normal and is nothing worse than the Depression of the 1930s. Although some
people say that the Depression was caused by the Smoot–Hawley Tariff Act, it was strictly due to
many reasons that were unrelated to the Act. The Smoot–Hawley Tariff Act was signed by President
Herbert Hoover on June 17, 1930. It had been proposed in 1929 and was passed in June of 1930 by
Congress (Burg 63). Two men by the name Reed Smoot and Willis C. Hawley, who were
republicans, sponsored this Act, but 46 states did not see the significance or how ... Show more
content on Helpwriting.net ...
This is usually said to have been a result of Smoot–Hawley, although when looking further this
statement could not have been more wrong. For the economy to be stable there needs to be
equilibrium, which is a stable balance between spending and other factors within the government.
Stein suggest that this is usually based upon "...spending by households on consumption goods [S],
spending by households and firms on investment goods–––such as houses, machinery and
equipment (I), spending by the government on goods and services (G), and net exports, which are
the difference between spending on exports by foreign households and firms (EX) and spending on
imports by domestic households and firms (IM)..at equilibrium[(Y) the equation is], Y=S+I+G+
(EX–IM)"(O'Brien). During the Depression the two categories that were lacking were the food or
consumption and investment spending. This caused a huge drop in employment (O'Brien). When
people stop buying food as often for their family and themselves to eat, there are less people need to
keep up with the once busier stores. Therefore, a drop in jobs occurs, and the same happens when
people stop investing in things because of the lesser amount of money. In 1933, the unemployment
rate was at its highest, 24.9 percent (Numbers). A way to see that Smoot–Hawley did not affect this
is to compare the early 1930s with the mid–1930s. Later, during the mid–1930s there was a
recession

What Was The Role Of Foreign Policy Leaders In The 1930's
"Leave us out of it", Seemed to be America attitude towards the rest of the world in 1930's. At the
beginning of the '30's, foreign policy was not a important issue for the average American. The stock
market had just crashed and each month brought greater hardships. American participation with
Europe had brought war in 1917 and unpaid debt throughout the 1920s. Having grown weary with
the course of world events, citizens were convinced the most important issues to be tackled was
domestic. Foreign policy leaders of the 1930's once again led the country down its well–traveled
path of isolationism. The Hoover Administration set the tone for an isolationist foreign policy with
the Hawley–Smoot Tariff. The Hoover Administration set the tone for

What Was Hoover's Role In The Great Depression
According to Hofstadter, Hoover held a philosophy that made him unaware of overproduction, while
Dr, Kennedy argues that Hoover was an artless politician who failed to solve the economic issues of
the nation, further worsening the crisis. Hoover was generally good president and leader. When he
entered office, he looked to implement new national policies that would further develop the nation.
However, his first actions to help struggling farmers and wage earners ultimately failed. Hoover
passed the Agricultural Marketing Act in 1929, creating the Federal Farm Board that would buy
agricultural surpluses to decrease prices. Farmers ended up overproducing, and could not make up
the money with the Board's purchases. The Hawley–Smoot Tariff was

Smoot Hawley Tariff Essay
Smoot Hawley Tariff: A Destructive Contribution
Farmers all through the 1920s had experienced "intense competition and declining prices because of
overproduction [;] U.S. agricultural interests lobbied the federal government for protection against
agricultural imports" (Britannica 2015). Herbert Hoover had sided with the farmers in raising
Agricultural tariffs that eventually led to his presidency and signing of the act. This Smoot Hawley
Tariff as it was called would "increase the cost of imported goods so that U.S. consumers would
spend their money on U.S. products" in turn would save U.S. jobs in "import competing industries"
(Suranovic 2012). The act went through various revisions leading up to the presidents signing that
rose tariffs for ... Show more content on Helpwriting.net ...
The tariff indeed contributed to the Great Depression by destroying international that made
economic growth here and in many countries impossible. As foreign nations retaliated against the
tariff, U.S. exports and imports were set to a declining rate. Countless sectors of the economy were
hurt, as we were not selling enough goods in the world market leading many industries like
agriculture to collapse. With the collapse of industries came unemployment leaving many families to
struggle to get through day–to–day life. Many of the Americans lost their money due to bank
failures happening one after the other. Today we try to practice a more safe approach on trade, which
is free trade. The tariff was an act of Protectionism and it failed to protect what it was meant to
protect, hurting farmers and eventually spreading across the U.S. The Smoot Hawley tariff may have
not been necessary but in all it was timing that had lead this act to prolong the Great

How Did Hoover Prevent The Great Depression?
When the Great Depression started in October of 1929 Hoover wasn't entirely in charge. The
economy was going down south. Hoover's reaction at first wasn't much, but when things started to
get worse as he took immediate measures.
In 1932 President Hoover got elected. He thought that the Great Depression was only a temporary
situation and that the economy would come back to its original good terms on its own.
Unfortunately, this did not occur. The laissez faire, in which the government does not get involved,
was not helping the economy get any better.
Hoover, then introduces the Hawley Smoot Tariff Act. This act implied that the wages would
increase, but the taxes would also stay high. This did not result in a positive way. Businesses closed

The Roaring Twenties In The United States : The Causes Of...
The Roaring Twenties was a time of prosperity in the United States. Rural Americans migrated to
the cities with the hope of finding a more lucrative life. While the American cities prospered, the
overproduction of agricultural crops created extensive financial disheartenment among American
farmers. The American economy showed threatening signs of unrest. For example, steel production
declined, automobile sales diminished, and consumers were increasing their debts because of buying
on margin. Despite all of these negative impacts, the stock market continued to rise until the
economy had reached the boom phase. This is when there is zero unemployment, full production,
and prices increase. Since the boom phase is the highest point of the business cycle, in order to make
a stable economy, there has to be a decline or depression (DOC A). In the 1930s, the United States
suffered from the greatest economic depression in its history. Millions of people, men and women,
were out of work or afraid they soon would be. This rapid change is known as The Great
Depression. Financial irresponsibility led to the greatly unequal distribution of wealth, buying on
credit, and the United States tariff system, each contributors to what is known as The Great
Depression.
One cause of the Great Depression was the unequal distribution of wealth throughout the 1920s. The
uneven distribution of wealth existed on many levels. Money was distributed unevenly among the
the rich and poor. Labor Unions

How Isolationism Is A Part Of American Policy
Isolationism was a part of American policy beginning when George Washington made his Farewell
Address in 1796 and lasting to the end of World War II. Factors like thousands of miles of sea
between the US and Europe, fear of entangling alliances and a desire to remain autonomous
contributed to the overall isolationist sentiment of many Americans. In addition, nativist sentiment
has been present throughout American history as a product of isolationism and, among other factors,
wage depression and fear of criminal behavior. During World War I, European countries were not
only fighting with each other, but many new revolutionary ideas were sweeping the eastern portion
of the continent. In 1917, Vladimir Lenin orchestrated the Bolshevik Revolution and founded a new
government based on the principles of Karl Marx's Communist Manifesto. For many Americans,
this was terrifying because communism is an expansionist ideology and not only was it spreading to
Eastern European countries, but it had the potential to take root in America through Eastern
European immigrants. As a result, the Red Scare swept through America due to communism being
seen as a threat to democracy, causing a massive spike in nativist sentiment during the 1920's and
1930's. Isolationist sentiment did not apply to international trade in the 1900's and America was
becoming an increasingly powerful international economic power. Before World War I, foreign
investors invested nearly three hundred billion dollars more

The Great Depression Was One Of America Crucial Time For
The Great Depression was one of America crucial time for unemployment's, banks failed, and many
family suffered in this era. Great Depression lasted 10 years from 1929 to 1939 it was the worst
economic upset in the history of the industrialized world. It started off on "Black Thursday" investor
and traders sold 12.9 million of stock in one day which ended up triple the usual amount and the
next couple of days' stock prices dropped 23 percent which was called the stock market crash of
1929. This began when the stock market crashed in October 1929, by this it sent Wall Street into
panic and eliminated millions of investors. As years went, many consumer's spender and investors
dropped cause steep declines in the industrial and employment as ... Show more content on
Helpwriting.net ...
One of the consequence of tariff was the trade between countries was less between United States
and many foreign countries. Plus, the countries retaliated economically against the United States.
Another reason is the conditions the farmers and unemployed lived during the Great Depression for
example the depression cause farmers to lose their property and farms. This event happened in the
Mississippi Valley in 1930 such proportions that many couldn't pay their taxes and other debts so
they had to sell their farms so for that no profit to themselves. During that time, the Midwest was
overcultivation and a dry creating the "Dust Bowl". The agriculture ended in previous fertile region
and thousands of farmers and many unemployed worker went to California to look for work in
California by this many ended up homeless.
In this paragraph, Frank Roosevelt was a great influence on helping the economy for the Americans
during the great depression. One of his great influence to bring back to the confidence for people to
go back to the bank was the "New Deal" which he planned to by relief, recovery and reform. The
first one hundred days the legislative passed a law which is known as "Bank Holiday" which he
implied an entire week of March 1933 that all banks transactions were to suspend in the effort to
stem banks failures to

Economic Effects Of The Great Depression
Economic Fallout
On October 29, 1929, Black Tuesday, the United States of America's stock market crashed causing
the Great Depression. The Great Depression of the 1930's greatly impacted millions of people's lives
around the world. The Depression caused millions of people to lose their homes, jobs and food for
their families. The events causing, during, and after the Great Depression will forever be an
important part of American History that will never be forgotten.
The events that leading up to and caused the Depression date all the way back to World War I. After
a small economic downfall after the First World War, the economy began to boom in 1924 . The
United States' economy boomed until 1929 and was at an all–time high in 1928 due to the lowering
of taxes . One of the many reasons that caused the Great Depression was an overproduction of
goods. During World War, the consumption of goods was unbelievably high. When the war ended
the United States did not slow down on production and eventually had too much product for the
demand. With the numbers of products being sold, no one needed to buy anything because they had
already stocked up on everything needed. A Second reason for the Great Depression was the lack of
foreign trade around the world. In 1930, President Herbert Hoover passed the Smoot– Hawley Tariff
Act . The Act increased Tariffs to such a high rate, that no countries would trade with the United
States . "International trade has fallen by two–thirds since

How Did President Hoover Affect The Economy
Herbert Hoover the son of a Quaker turned successful business person won the presidential election
in November 1928, as representative to the republican party and truly a far–right wing conservative.
Upon taking office President Hoover did not foresee the road of darkness ahead, and on October 29,
1929 the darkest road ever came to light. Labeled as Black Tuesday, the United States stock market
crashed sending the country into a state of panic. In 1927, stock prices soared creating outrageous
speculation of continued progressive growth. With extreme tax reductions, many American's
invested more heavily into the stock market, even in a weakening economy a recession did not seem
on the brink. Amid harsh times with the stock market crashing, unemployment ... Show more
Millions of Americans lost their jobs, homes, and savings in just a short matter of time, and by the
same token executives began taking extreme measures in preventing the inevitable from occurring
with having to close its doors. President Hoover met with several top business owners such as Henry
Ford, Alfred Sloan, and Pierre Dupont all from different business sectors in an attempt unfettered
competition. President Hoover believed that unfettered competition would create lower prices which
in turn would lead to lower wages. Despite a weakening economy President Hoover instructed
companies to keep wage rates at current level and stop layoffs with work sharing by dividing work
shifts among employees. In return he would convince workers not to strike or ask for extra pay and
benefits. Unfortunately, prices for industrial goods declined due in part to the economy wide
deflation brought on by the federal reserve tight money policy. This would lead to companies
backing out its earlier deal with President Hoover and begin to laying off drastically. When the
Great Depression first hit unemployment was at 3.2% and climbed to 23.6% by 1932 under
Hoover's administration. Furthermore, President Hoover thought to tax the top income bracket at a
much higher rate between 25% as high as 63% during his attempt to engineer the economy back to

Hoover's Dbq
PRESIDENT HERBERT HOOVER had the distinction of stepping into the White House at the
height of one of the longest periods of growth in American history. Less than seven months after his
inauguration, the worst depression in American history began. Undoubtedly, the fault of the Great
Depression was not Hoover's. But as the years of his Presidency passed and the country slipped
deeper and deeper into its quagmire, he would receive great blame. Urban shantytowns were dubbed
HOOVERVILLES. Newspapers used by the destitute as bundling for warmth became known as
Hoover blankets. Pockets turned inside out were called Hoover flags. Somebody had to be blamed,
and many Americans blamed their President. Running for President under the slogan "RUGGED
INDIVIDUALISM" made it difficult for Hoover to promote massive government intervention in the
economy. In 1930, succumbing to pressure from American industrialists, Hoover signed the
HAWLEY–SMOOT TARIFF which was ... Show more content on Helpwriting.net ...
The Hawley–Smoot Tariff proved to be a disaster. Believing in a balanced budget, Hoover's 1931
economic plan cut federal spending and increased taxes, both of which inhibited individual efforts to
spur the economy. Finally in 1932 Hoover signed legislation creating the Reconstruction Finance
Corporation. This act allocated a half billion dollars for loans to banks, corporations, and state
governments. Public works projects such as the GOLDEN GATE BRIDGE and the Los Angeles
Aqueduct were built as a result of this plan. Hoover and the RFC stopped short of meeting one
demand of the American masses – federal aid to individuals. Hoover believed that government aid
would stifle initiative and create dependency where individual effort was needed. Past governments
never resorted to such schemes and the economy managed to rebound. Clearly Hoover and his
advisors failed to grasp the scope of the Great

Black Tuesday Dbq
Grammar Result:
Prior to The Great Depression, the United States was booming. Life was good for many. Companies
were expanding nationwide, people were striking rich, and the stock markets were rising. Soon, the
United States became the country where everyone wanted to be. Many immigrants were
immigrating to the United States for opportunities. However, in 1929, the Great Depression, also
known as Black Tuesday, took a heavy toll on many Americans. Many lost hopes. "The Great
Depression lasted from 1929 to 1941, and was the worst economic downturn in the history of the
industrialized world." As a result of this, the government, as well as businesses, were struggling to
repair any damages or losses. This experience allowed government and business ... Show more
"This represents "relief (for the unemployed), recovery (of the economy through federal spending
and job creation), and reform (of capitalism, by means of regulatory legislation and the creation of
new social welfare programs)" Numerous laws and agencies were implemented within the first
hundred days of the act. After the New Deal was established, President Roosevelt created the
Second New Deal which supports five goals. The five goals were to enhanced national resources,
gived social security and unemployment, and replaced direct relief to national work relief, and offer
programs to the poor. In addition, President Roosevelt was able to restore banking. In order for
President Roosevelt's New Deal to work, he had to change the perception of one another. His goal
was to make sure the Americans as a whole grow and lift the United States out of the Great
Depression. Some of the political altered were The Agricultural Adjustment Act (AAA), The
Civilian Conservation Corps (CCC), The Federal Emergency Relief Act (FERA), The National
Recovery Act (NRA), The Federal Deposit Insurance Corporation, and Securities and Exchange
Commission (FDIC). The AAA was created to cut farmers' output. The CCC was established to
provide

The Cause and Effects of the Great Depression Essay
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
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

Hoover's Economic Policies
Franklin, a democrat, who served four terms and became the longest serving president of U.S. from
March 1933 to his death in April 1945.Also, he was an American statesman and political leader who
served as the 32nd President of United States. He brought the New Deals to Americans to help
people during the Great Depression. The First 100 Days, rebuild public trust in the American
financial system by the Emergency Banking Act which attempted to stabilize the banking system
and the Federal Deposit Insurance Commission that helped to protect individual who deposit money
in the bank to fix immediate problems. Roosevelt used "fireside chats" on the radio to explain and
convince Americans to deposit their money into banks. Beside, he brought the ... Show more content
Roosevelt also was a very great person who had awesome personalities. His personalities helped
Americans in the Great Depression. His policies were practical because he was a practical person.
Moreover, he was also very smart since he created many policies such as CCC, AAA, WPA, and so
forth. He broke a lot of odd stuff and produced many new ideas to aid America. He was positive due
to the fact that he did not give up in the Great Depression. He tried lots of ways to solve the
problem, so he was a very important leader in America's

Economic Growth and Public Policy of the Uk: Does the...
Economic Growth and Public Policy of the UK: Does the protectionism help? Introduction The
effects of globalization have touched all the aspects of life and business today. One aspect is the
trading policies between countries. Since the late nineteenth century, the collision started between
domestic and foreign industries, which ask governments for measures that could protect local
industries, without discouraging the country's trade relations. The term 'Protectionism' was thus
introduced in the language of global trade and economy (Rowley, 2002). Protectionism is an
economic policy applied in the trading system, to restrict the quantity of imported items, and to
flourish country's exports. The objective of this is policy is to ... Show more content on
Helpwriting.net ...
Hence countries practicing protectionism, would suffer from fewer importers, which could
eventually restrict their export options, thus reducing their trade flow and economic growth (Ahearn,
2009) The economic dependency of the United States of America on its trade sector would be
beneficial in illustrating the relation of protectionism to the economic growth. In the USA, the trade
Union believes that protectionism is the only policy, with which the country can maintain domestic
industrial growth (Trwin, 1998, 1015–1026). Being a centre for global trade, the industries of the
USA have been through a significant setback in the past few years, with a prominent increase in the
unemployment rate. Moreover, the growing numbers of import of Chinese goods, which are
available at cheaper rates comparatively, have decreased the purchase of domestic goods in the USA
This has ignited the debate to, either increase tariffs on such items to protect domestic firms and
industries, or to protect the needs of civilians. From the last few years, many governments, including
that of USA, U.K and several other facing the challenges of economic downturn, are looking for
alternate measures, as protectionism does not seems to provide long term solution for economic
crises. As argued by Tullock (1967), protectionism causes the rent of household to increase to a
substantial amount. This becomes the reason of public stress and economic seizing for the country.
Tariff added on

Langston Hughes Influence African Americans In The 1920's
Langston Hughes moves to Harlem (1921) The 1920's is known as the pop culture era that lead to
changes within America's popular culture caused by the growth of new ideas. Many artists, writers
and musicians thrived during this era. For example Langston Hughes, a reputable poet from the
1920's that described not only the hardships of African Americans during this time but also the
inequality that divided blacks from whites in the 1900's. Langston Hughes contributed to Harlem
Renaissance which gave a voice to those who have experience in songs, writing, and plays within
the African American community. The Harlem Renaissance was an artistic movement that promoted
a new African American cultural identity in which political, social, and cultural aspects advanced in
the city of Harlem.
Ford produces over 1 million model–T cars (1922) Henry Ford was one of the top most important
American businessman who was responsible for the mass production of automobiles in the 1920's.
Automobiles in the 1920's became a major component to the economy by adjusting American
society during this time. For example, changing the way American's lived. By producing affordable
automobiles, model–T cars, more people were able to move out of overpopulated cities into more
rural areas without being isolated and still be able to arrive at work for a ... Show more content on
Helpwriting.net ...
These acts of terrorism included lynching, bombing, rape, skinning and so forth. In the 1920's the
organization met a number of members around 4.5 million. The Ku Klux Klan had only white male
citizens in this organization who believed in goals of "setting blacks in their place" and wanted to
get rid of/ keep out foreign–born people or in other words immigrants out of the US. Many members
in the Klan were paid to round up new members into a world full of racial violence and

An Analysis Of Lawrence Reed 's ' Great Myths Of The Great...
Historian Research Paper: Lawrence Reed
Samuel Joyce
11 October, 2015
Period C 1–2 Historian Lawrence Reed is an Austrian economist who holds a Master of Arts in
history from Slippery Rock University of Pennsylvania. He served as a professor of economics at
Northwood University in Michigan from 1977 to 1984, chairing the department for his last three
years. He then moved into the world of think tanks, becoming president of the Mackinac Center for
Public Policy. He stayed in that job for twenty years before assuming the presidency of the
Foundation for Economic Education. He holds honorary doctorates from Central Michigan
University and Northwood University.
Theory Reed's book, Great Myths of the Great Depression, attempts to argue that the stock market
crash of 1929 was merely a normal economic occurrence. Instead, it was government policies
enacted in response that exacerbated and prolonged the economic effects of the crash. In effect,
Reed's thesis flips the conventional view on its head: instead of being the cause, free–market
capitalism would have naturally solved the issues that led to the Great Depression. Conversely,
government intervention was a cause of, rather than a solution to, the economic hardships that
resulted.
Summary of Evidence Reed begins his argument by discussing the conditions immediately
following the crash, noting that several previous recessions had occurred, but all lasted for four
years or

How Did The Great Depression Affect Canada
The great depression had a major impact on a large number of people in Canada, and it also affected
Canada itself. In this essay, I will talk about the economic hardships suffered by Canada and
Canadians during the great depression (1929–1939). Also, I will talk about the ways the Canadian
Government sought to help Canadians during the Depression. Next, I will talk about if they were
successful in doing so. Finally, I will talk about why they were not successful.
The economic hardships suffered by Canada were very drastic. The great depression largely affected
the Canadian economies.There was a widespread drop in world commodity prices. The Prices
dropped because of the Smoot–Hawley Tariff signed by U.S President to raise all duties and tariffs
on items entering the U.S. Which Meant that less items were being shipped out and businesses were
losing money. For example, by 1932 Canada's per capita gross domestic product fell 34.8 percent.
To be more specific; the price of lumber dropped 32 percent from 1929 up until 1932. That is 10.6
percent per year. Moreover, With the result of the Smoot–hawley tariff act it did affect a large
number of farmers in the West. ... Show more content on Helpwriting.net ...
A major problem that affected Canadians was the 1929 Stock Market Crash; which resulted in
unemployment to raise very high very quickly. Therefore, Canadians not having Jobs resulted in
Businesses losing money because not as many people had money to spend on products to buy for
their homes. Furthermore, another economic hardship they suffered was the province income
dropping by 90% in just 2 years; that forced 66% of the rural population on to relief. Moreover, the
economic hardships that Canadians continued to suffer through were: Bread Lines, Soup Kitchens,
Living off government granted funds. Therefore there were a lot of economic hardships that
canadians suffered and changed the way we live our lives

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