2008vus10c depression hardships
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The document discusses the causes and impact of the Great Depression. The key causes were overspeculation in stocks using borrowed money, the Federal Reserve's failure to prevent widespread bank failures, and high protective tariffs that reduced international trade. The impact on Americans included high unemployment, homelessness, bank closures that caused people to lose savings, declining demand for goods, growing labor unrest, and farm foreclosures that led to migration as people searched for work.
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The Economy in the 1930's
The Great Depression had a severe impact on Alabama's economy in the 1930s. As stock prices plummeted in the late 1920s and investors lost significant wealth, demand for goods declined sharply. New investment also dried up since people were no longer buying stocks. Unemployment rose to 25% nationally and many as 33% in some areas as the economic downturn devastated industries like construction, farming, and those dependent on primary sector jobs. The effects of the Great Depression lasted until World War II began.
Ch 17 sec 5
The Great Depression was caused by the financial devastation of World War I, with the US loaning money to allies who did not repay, the failure of the Federal Reserve to control interest rates, and the Smoot-Hawley Tariff Act raising prices of foreign goods and reducing US exports. This led to about 1/3 of the workforce becoming unemployed even as Hoover and later FDR created numerous government programs to stimulate the economy and help the unemployed in the face of the crisis.
Ch. 17 Sec. 5 The Great Depression
The Great Depression was caused by the financial devastation of World War I, with the US loaning money to allies who did not repay, the failure of the Federal Reserve to control interest rates, and the Smoot-Hawley Tariff Act raising prices of foreign goods and reducing US exports. This led to about 1/3 of the workforce becoming unemployed even as Hoover and later FDR created numerous government programs to stimulate the economy and help the unemployed in the face of the crisis.
Witty powerpoint title
The three administrations of Nixon, Ford, and Carter harmed Americans overall according to the document. Nixon delayed desegregation and opposed voting rights expansion while the Watergate scandal occurred. Ford pardoned Nixon and the economy experienced high inflation and unemployment under his leadership. Carter pardoned draft dodgers, lost détente with the Soviet Union, and struggled with high inflation and unemployment as well as the Iran hostage crisis.
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This document provides background information on Andrew Jackson, including key events in his life and presidency. It discusses Jackson's upbringing, military career defeating the British and Creek Indians, election as president in 1828 ushering in the "Age of the Common Man," and his controversial policies as president. These included implementing the spoils system, disputes over the Second Bank of the United States and Indian removal, most notably resulting in the Trail of Tears. The document also outlines debates over states' rights, the tariff, and expansion of suffrage that occurred during Jackson's two terms as president from 1829 to 1837.
La crisis del 29 en la fotografía de Dorothe Lange
The document discusses the Wall Street Crash of 1929 and the Great Depression, as well as the photographer Dorothea Lange. It explains that the Wall Street Crash marked the beginning of the decade-long Great Depression that affected Western countries. During this time, millions were unemployed in the US and unable to find work locally. Franklin D. Roosevelt was elected in 1932 and implemented the New Deal programs to provide relief, recovery, and reform. The document also describes photographer Dorothea Lange, known for her Depression-era photographs that humanized the consequences of rural poverty, such as her iconic 1936 image "Migrant Mother."
The Great Depression - Presentation (Macroeconomics Perspective)
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, originating in the United States. The document discusses several key causes and events of the Great Depression including the stock market crash of 1929, a decline in the money supply, policy decisions like the Smoot-Hawley Tariff Act of 1930, and the effects of abandoning the gold standard. John Maynard Keynes advocated for policies like deficit spending to stimulate the economy in response to the Depression. Roosevelt's New Deal programs attempted to address unemployment and stabilize the banking system through acts like the National Industrial Recovery Act.
Stock market crash
The document summarizes the causes and effects of the Stock Market Crash of 1929 that led to the Great Depression. It describes how rampant speculation in the roaring 1920s led to an unsustainable bubble. The crash was directly triggered when plans for the Smoot-Hawley Tariff act faced limitations, causing a panic on Black Thursday in October 1929 and a collapse of stock prices over the next few years. The crash had devastating economic effects worldwide and led to FDR's New Deal programs to stimulate recovery.
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The Economy in the 1930's
The Great Depression had a severe impact on Alabama's economy in the 1930s. As stock prices plummeted in the late 1920s and investors lost significant wealth, demand for goods declined sharply. New investment also dried up since people were no longer buying stocks. Unemployment rose to 25% nationally and many as 33% in some areas as the economic downturn devastated industries like construction, farming, and those dependent on primary sector jobs. The effects of the Great Depression lasted until World War II began.
Ch 17 sec 5
The Great Depression was caused by the financial devastation of World War I, with the US loaning money to allies who did not repay, the failure of the Federal Reserve to control interest rates, and the Smoot-Hawley Tariff Act raising prices of foreign goods and reducing US exports. This led to about 1/3 of the workforce becoming unemployed even as Hoover and later FDR created numerous government programs to stimulate the economy and help the unemployed in the face of the crisis.
Ch. 17 Sec. 5 The Great Depression
The Great Depression was caused by the financial devastation of World War I, with the US loaning money to allies who did not repay, the failure of the Federal Reserve to control interest rates, and the Smoot-Hawley Tariff Act raising prices of foreign goods and reducing US exports. This led to about 1/3 of the workforce becoming unemployed even as Hoover and later FDR created numerous government programs to stimulate the economy and help the unemployed in the face of the crisis.
Witty powerpoint title
The three administrations of Nixon, Ford, and Carter harmed Americans overall according to the document. Nixon delayed desegregation and opposed voting rights expansion while the Watergate scandal occurred. Ford pardoned Nixon and the economy experienced high inflation and unemployment under his leadership. Carter pardoned draft dodgers, lost détente with the Soviet Union, and struggled with high inflation and unemployment as well as the Iran hostage crisis.
Expansion and reform dana
This document provides background information on Andrew Jackson, including key events in his life and presidency. It discusses Jackson's upbringing, military career defeating the British and Creek Indians, election as president in 1828 ushering in the "Age of the Common Man," and his controversial policies as president. These included implementing the spoils system, disputes over the Second Bank of the United States and Indian removal, most notably resulting in the Trail of Tears. The document also outlines debates over states' rights, the tariff, and expansion of suffrage that occurred during Jackson's two terms as president from 1829 to 1837.
La crisis del 29 en la fotografía de Dorothe Lange
The document discusses the Wall Street Crash of 1929 and the Great Depression, as well as the photographer Dorothea Lange. It explains that the Wall Street Crash marked the beginning of the decade-long Great Depression that affected Western countries. During this time, millions were unemployed in the US and unable to find work locally. Franklin D. Roosevelt was elected in 1932 and implemented the New Deal programs to provide relief, recovery, and reform. The document also describes photographer Dorothea Lange, known for her Depression-era photographs that humanized the consequences of rural poverty, such as her iconic 1936 image "Migrant Mother."
The Great Depression - Presentation (Macroeconomics Perspective)
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, originating in the United States. The document discusses several key causes and events of the Great Depression including the stock market crash of 1929, a decline in the money supply, policy decisions like the Smoot-Hawley Tariff Act of 1930, and the effects of abandoning the gold standard. John Maynard Keynes advocated for policies like deficit spending to stimulate the economy in response to the Depression. Roosevelt's New Deal programs attempted to address unemployment and stabilize the banking system through acts like the National Industrial Recovery Act.
Stock market crash
The document summarizes the causes and effects of the Stock Market Crash of 1929 that led to the Great Depression. It describes how rampant speculation in the roaring 1920s led to an unsustainable bubble. The crash was directly triggered when plans for the Smoot-Hawley Tariff act faced limitations, causing a panic on Black Thursday in October 1929 and a collapse of stock prices over the next few years. The crash had devastating economic effects worldwide and led to FDR's New Deal programs to stimulate recovery.
Stock Market Crash Of 1929
The stock market crash of 1929 marked the beginning of the Great Depression. Fueled by postwar economic growth and optimism, stock values increased dramatically during the 1920s as more Americans invested in the market. However, stock prices had become inflated and unsustainable. The market crashed on October 24, 1929, known as "Black Thursday", with stocks losing over 20% of their value. The full-scale panic set in on October 29th, "Black Tuesday", with over 16 million shares sold in a single day and stocks losing another 12% as the country plunged into the Great Depression. Unemployment rose sharply and economic output declined drastically over the next few years.
Early 20th century migration8 5.7
This document summarizes migration patterns in the United States in the early 20th century, including movements from rural to urban areas and the migration of African Americans from the South to other regions. It notes that after the Civil War, many Southerners did not migrate west but moved to cities for economic opportunities through industries like mills and railroads. African Americans faced discrimination in the South and also moved north for jobs. Immigration to South Carolina was limited compared to other states due to economic conditions. Immigrants who did come made contributions through establishing businesses.
Great Depression and the Wall Street Crash
The document examines whether the Great Depression was an inevitable consequence of the Wall Street Crash of 1929. It analyzes arguments that the Depression was caused by monetary policies of the Federal Reserve in the late 1920s that contracted the money supply, as well as the continuation of the gold standard. However, it also discusses critiques of these monetary arguments and argues that while monetary factors contributed, the Depression also stemmed from pre-existing poor conditions in the global and American economies. It concludes that the crash was not the sole trigger but rather interacted with other economic issues, policies, and psychology to produce the prolonged Depression of the 1930s.
The great depression
The Great Depression was a severe worldwide economic downturn that began in 1929 and lasted until about 1939. It originated in the United States when the stock market crashed in October 1929, wiping out millions of investors. As the Depression deepened throughout the early 1930s, unemployment in the US rose to about 25% and many Americans lost their homes and lived in shanty towns. President Herbert Hoover did little to help the economy in the early years of the Depression. Franklin D. Roosevelt was elected in 1932 on a platform of the New Deal, which involved major government intervention in the economy through relief programs, recovery efforts, and reforms. The Dust Bowl drought exacerbated issues in the Great Plains region during this time. The Depression finally ended as
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The Industrial Revolution and the American System in American History. PowerPoint to accompany the Americans, section 7.1
Bush Clinton Bush
George H.W. Bush served as vice president under Ronald Reagan and was elected president in 1988. As president, he led a coalition of forces in the Persian Gulf War to expel Iraqi forces after Iraq invaded Kuwait. Though the ground war lasted only 100 hours, it was a major foreign policy success for Bush. However, he broke his "no new taxes" campaign promise when budget deficits created by Reagan required raising taxes. This broke promise hurt his re-election bid in 1992.
Reasons/Results of the Civil War
The document summarizes some of the key political, economic, and social reasons for the outbreak of the Civil War. The North supported a strong central government and the abolition of slavery, while the South believed in states' rights and the right to own slaves. Economically, the North was becoming more industrialized while the South relied on slave labor for its agricultural economy. These deep divisions and fears over the issues of slavery and states' rights ultimately led the South to secede from the Union and the North to refuse, resulting in the Civil War.
The Election of 1932 (Ch. 15.4)
1) President Hoover believed the Depression was outside of his control and that voluntary action by businesses along with limited government intervention would help the economy recover. However, unemployment and poverty continued to rise under his administration.
2) FDR appealed to voters by promising a "New Deal" that would involve more active government intervention to provide relief, reform the economy, and regulate businesses. He positioned himself in contrast to Hoover's philosophy of limited government action.
3) The election of 1932 marked a significant shift in American politics, as FDR defeated Hoover in a landslide. It reflected growing public support for more expansive government intervention in the economy to address the hardships of the Great Depression.
The 1980s
Ronald Reagan had a successful acting career before becoming president in 1980. As president, he advocated for conservative policies like reducing taxes, regulations, and the power of unions. These "Reaganomics" policies initially caused a recession but later led to economic growth. However, they also increased inequality. Reagan took a hard line against the Soviet Union in the Cold War, increasing military spending and challenging Mikhail Gorbachev to "tear down" the Berlin Wall, which fell in 1989, contributing to the eventual collapse of Communism. However, his presidency was also marked by the Iran-Contra affair scandal.
Panic1837 2
The Panic of 1837 was an economic crisis triggered by bank failures, elevated grain prices, and overspeculation on western lands. President Jackson issued the Specie Circular to eliminate inflation, but it failed and instead prices soared and mobs broke out as wheat crops were destroyed by Hessian fly. President Van Buren faced the crisis as unemployment rose and factories and land sales stopped, exacerbated by his "Divorce Bill" that locked surplus money in cities, shrinking available credit.
Nixon to present
The document summarizes major events and trends in the United States between 1969-1980. It describes Richard Nixon's presidency and foreign policy successes but also the Watergate scandal that led to his resignation. It discusses the economic challenges of stagflation and energy crises. It also outlines social changes including the women's and gay rights movements and shifting family structures.
Nixon day 3
The document summarizes key events related to Nixon and the Middle East. It discusses the formation of the PLO led by Yasser Arafat, whose goals were to eliminate Israel and establish a Palestinian state. It also discusses OPEC placing an oil embargo on the US in 1973 in response to US support for Israel, significantly increasing gas prices and affecting the US economy. Finally, it briefly outlines US involvement in the overthrow of Salvador Allende's government in Chile.
Western democracies
After World War I, European countries struggled with economic problems and unrest. The Great Depression started in the late 1920s and spread globally. Countries like Britain, France, and the US tried to promote peace through agreements like the Locarno Treaties and Kellogg-Briand Pact. However, the worldwide economic imbalance led to overproduction, falling profits, stock market crashes, and mass unemployment. This damaged faith in democratic governments and paved the way for the rise of authoritarianism.
CP US - Ch. 22 - Sec. 2
The document summarizes life in the United States during the 1920s, known as the "Good Old Days." It discusses President Warren G. Harding's administration from 1920-1923, including his isolationist foreign policy, pro-business domestic agenda, and scandals involving corruption in his cabinet. Harding aimed to return to "normalcy" after WW1 but his presidency was marred by several major scandals, and he died in office in 1923.
Reconstructing Society
1. During Reconstruction, small farmers known as scalawags changed from the Democratic Party to the Republican Party to gain economic and political advantages since Republicans were in power and controlling Reconstruction.
2. Governments during Reconstruction faced challenges in rebuilding the South including financing spending, poor credit, and conflicting goals within the Republican Party. They addressed economic and social problems through public works programs, schools, and aid for freed slaves.
3. The Freedmen's Bureau helped reunite families and established schools while African American churches served important social, educational, and leadership roles in the community during Reconstruction.
Tengowski - Nixon day 5
Gerald Ford served as the 38th President of the United States after succeeding Richard Nixon. As President, Ford pardoned Nixon for his crimes in the Watergate scandal, which decreased his popularity. He attempted to curb inflation through policies like WIN (Whip Inflation Now) and tax cuts, but inflation continued to rise. In foreign policy, Ford oversaw the fall of Saigon to North Vietnam and the failed rescue attempt of sailors captured by Cambodia. He also negotiated arms agreements with the Soviet Union and helped end the Yom Kippur War in the Middle East.
USH 7.2 notes
During the Gilded Age of the 1870s and 1880s:
1. Political corruption was rampant as the spoils system gave government jobs to party loyalists regardless of qualifications, concentrating power in the hands of political parties.
2. Civil service reform gained momentum, culminating in the 1883 Pendleton Civil Service Act which established a merit-based hiring system for federal jobs.
3. Economic issues like tariffs and the gold standard vs. bimetallism divided the country, with bankers favoring gold alone but farmers wanting silver to promote inflation.
Great Depression Lesson
The document discusses the causes and effects of the Great Depression in the United States between 1929-1932. It provides background on President Hoover's response, which opposed direct government relief and favored private charities. It also describes the stock market crash of 1929 and its devastating impact, causing widespread unemployment and economic suffering. Testimonials are included from people who lost their farms and had to relocate during this difficult time period.
Seminar presentation
The document provides an overview of the Great Depression that occurred in the 1930s. It began in 1929 with the stock market crash in the US and became a worldwide economic depression. Global GDP fell by 15% and unemployment rose significantly, including to 25% in the US. The causes included debt deflation, the gold standard, and protectionist policies that reduced international trade. Countries gradually recovered in the mid-1930s, while others had to wait until involvement in World War II boosted economic activity through increased government spending.
Effects Of The Great Depression
The document discusses the causes and effects of the Great Depression in the United States. It describes how the stock market crash of 1929 led to widespread panic and the collapse of the US stock market. This event marked the beginning of the Great Depression. The depression had severe economic and social impacts, including high unemployment, many bank failures, poverty, and the creation of shanty towns known as "Hoovervilles." The depression lasted until the late 1930s when steps taken by President Roosevelt and World War II helped stimulate economic recovery.
1Your NameInstructor’s NameClass InformationDate.docx
1
Your Name:
Instructor’s Name:
Class Information:
Date:
Great Depression of the American Economy
Great Depression was an austerely down trend in the economic activity of the world in the decade foregoing World War II. The time duration or rather the time for the Great Depression Was not fixed. It varied from countries to countries. However, in many countries it was experienced in the year 1930 and it lasted till the midst of 1940. The time duration for the Great Depression was for a longer period of time and it was considered the longest as well as the deepest depression of the twentieth century
The beginning point of the Depression was the fall or the crash in the stock market in U.S. The fall in the prices of stock began in the year 1929 on 4th September and the stock market crashed on the 29th of October in the year 1929. This day was known as the Black Tuesday.
The Great Depression affected severely all the sections and the class of the society in the countries including the rich and the poor. Profit Margin and the prices of the goods and services severely dropped and if the amount of revenue and taxes collected also had a devastating fall which had severe negative effect on the economy. The level of Unemployment rose in U.S. and it was depicted that around twenty percent of unemployment rate increased in U.S. whereas, in other countries the level of Unemployment rose to thirty three percent which was the highest ever increase in the rate of the unemployment process.
All the cities around the world were suffering due to this depression and especially those cities or countries whose backbone was heavy industry, construction industries because this industry totally turned downed and halted in various countries. Due to the depression the agriculture sector was also effected as because the prices of the crop also fell to around sixty percent.
Due to unemployment the primary sector was also affected, activities such as mining, logging and cash cropping was effected a lot.
There were various causes for the depression in the year 1929. These comprised of the primary weaknesses and definite events that led to a major depression and the way in which the severe depression profused from country to country was simply devastating. According to the historians the main cause or the real reason behind the great depression was failure of the bank and the crash or the fall of the stock market. However, the various monetarist economist such as Milton Friedman, Peter Temin and Barry Eichengreen states that the major cause behind the depression was the inappropriate action considered or adopted by the US Federal Reserve and the limited supply of the money and the decision of Britain for returning of gold standard before the World War.
The activity of business and the period of Boom and depression in the business and recession are considered or rather regarded as the normal activity for the business and are considered normal. However, what are t.
USHIST Chapter 11
The document provides background information on the economic factors that led to the Great Depression in the United States. It describes how strong economic growth in the 1920s masked underlying weaknesses like uneven wealth distribution. The stock market crash of 1929 exposed these flaws and triggered a widespread economic crisis. As consumer spending declined, businesses collapsed and unemployment rose sharply, plunging the US into the Great Depression, a time of immense hardship for many Americans.
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The stock market crash of 1929 marked the beginning of the Great Depression. Fueled by postwar economic growth and optimism, stock values increased dramatically during the 1920s as more Americans invested in the market. However, stock prices had become inflated and unsustainable. The market crashed on October 24, 1929, known as "Black Thursday", with stocks losing over 20% of their value. The full-scale panic set in on October 29th, "Black Tuesday", with over 16 million shares sold in a single day and stocks losing another 12% as the country plunged into the Great Depression. Unemployment rose sharply and economic output declined drastically over the next few years.
Early 20th century migration8 5.7
This document summarizes migration patterns in the United States in the early 20th century, including movements from rural to urban areas and the migration of African Americans from the South to other regions. It notes that after the Civil War, many Southerners did not migrate west but moved to cities for economic opportunities through industries like mills and railroads. African Americans faced discrimination in the South and also moved north for jobs. Immigration to South Carolina was limited compared to other states due to economic conditions. Immigrants who did come made contributions through establishing businesses.
Great Depression and the Wall Street Crash
The document examines whether the Great Depression was an inevitable consequence of the Wall Street Crash of 1929. It analyzes arguments that the Depression was caused by monetary policies of the Federal Reserve in the late 1920s that contracted the money supply, as well as the continuation of the gold standard. However, it also discusses critiques of these monetary arguments and argues that while monetary factors contributed, the Depression also stemmed from pre-existing poor conditions in the global and American economies. It concludes that the crash was not the sole trigger but rather interacted with other economic issues, policies, and psychology to produce the prolonged Depression of the 1930s.
The great depression
The Great Depression was a severe worldwide economic downturn that began in 1929 and lasted until about 1939. It originated in the United States when the stock market crashed in October 1929, wiping out millions of investors. As the Depression deepened throughout the early 1930s, unemployment in the US rose to about 25% and many Americans lost their homes and lived in shanty towns. President Herbert Hoover did little to help the economy in the early years of the Depression. Franklin D. Roosevelt was elected in 1932 on a platform of the New Deal, which involved major government intervention in the economy through relief programs, recovery efforts, and reforms. The Dust Bowl drought exacerbated issues in the Great Plains region during this time. The Depression finally ended as
Regional Economies
The Industrial Revolution and the American System in American History. PowerPoint to accompany the Americans, section 7.1
Bush Clinton Bush
George H.W. Bush served as vice president under Ronald Reagan and was elected president in 1988. As president, he led a coalition of forces in the Persian Gulf War to expel Iraqi forces after Iraq invaded Kuwait. Though the ground war lasted only 100 hours, it was a major foreign policy success for Bush. However, he broke his "no new taxes" campaign promise when budget deficits created by Reagan required raising taxes. This broke promise hurt his re-election bid in 1992.
Reasons/Results of the Civil War
The document summarizes some of the key political, economic, and social reasons for the outbreak of the Civil War. The North supported a strong central government and the abolition of slavery, while the South believed in states' rights and the right to own slaves. Economically, the North was becoming more industrialized while the South relied on slave labor for its agricultural economy. These deep divisions and fears over the issues of slavery and states' rights ultimately led the South to secede from the Union and the North to refuse, resulting in the Civil War.
The Election of 1932 (Ch. 15.4)
1) President Hoover believed the Depression was outside of his control and that voluntary action by businesses along with limited government intervention would help the economy recover. However, unemployment and poverty continued to rise under his administration.
2) FDR appealed to voters by promising a "New Deal" that would involve more active government intervention to provide relief, reform the economy, and regulate businesses. He positioned himself in contrast to Hoover's philosophy of limited government action.
3) The election of 1932 marked a significant shift in American politics, as FDR defeated Hoover in a landslide. It reflected growing public support for more expansive government intervention in the economy to address the hardships of the Great Depression.
The 1980s
Ronald Reagan had a successful acting career before becoming president in 1980. As president, he advocated for conservative policies like reducing taxes, regulations, and the power of unions. These "Reaganomics" policies initially caused a recession but later led to economic growth. However, they also increased inequality. Reagan took a hard line against the Soviet Union in the Cold War, increasing military spending and challenging Mikhail Gorbachev to "tear down" the Berlin Wall, which fell in 1989, contributing to the eventual collapse of Communism. However, his presidency was also marked by the Iran-Contra affair scandal.
Panic1837 2
The Panic of 1837 was an economic crisis triggered by bank failures, elevated grain prices, and overspeculation on western lands. President Jackson issued the Specie Circular to eliminate inflation, but it failed and instead prices soared and mobs broke out as wheat crops were destroyed by Hessian fly. President Van Buren faced the crisis as unemployment rose and factories and land sales stopped, exacerbated by his "Divorce Bill" that locked surplus money in cities, shrinking available credit.
Nixon to present
The document summarizes major events and trends in the United States between 1969-1980. It describes Richard Nixon's presidency and foreign policy successes but also the Watergate scandal that led to his resignation. It discusses the economic challenges of stagflation and energy crises. It also outlines social changes including the women's and gay rights movements and shifting family structures.
Nixon day 3
The document summarizes key events related to Nixon and the Middle East. It discusses the formation of the PLO led by Yasser Arafat, whose goals were to eliminate Israel and establish a Palestinian state. It also discusses OPEC placing an oil embargo on the US in 1973 in response to US support for Israel, significantly increasing gas prices and affecting the US economy. Finally, it briefly outlines US involvement in the overthrow of Salvador Allende's government in Chile.
Western democracies
After World War I, European countries struggled with economic problems and unrest. The Great Depression started in the late 1920s and spread globally. Countries like Britain, France, and the US tried to promote peace through agreements like the Locarno Treaties and Kellogg-Briand Pact. However, the worldwide economic imbalance led to overproduction, falling profits, stock market crashes, and mass unemployment. This damaged faith in democratic governments and paved the way for the rise of authoritarianism.
CP US - Ch. 22 - Sec. 2
The document summarizes life in the United States during the 1920s, known as the "Good Old Days." It discusses President Warren G. Harding's administration from 1920-1923, including his isolationist foreign policy, pro-business domestic agenda, and scandals involving corruption in his cabinet. Harding aimed to return to "normalcy" after WW1 but his presidency was marred by several major scandals, and he died in office in 1923.
Reconstructing Society
1. During Reconstruction, small farmers known as scalawags changed from the Democratic Party to the Republican Party to gain economic and political advantages since Republicans were in power and controlling Reconstruction.
2. Governments during Reconstruction faced challenges in rebuilding the South including financing spending, poor credit, and conflicting goals within the Republican Party. They addressed economic and social problems through public works programs, schools, and aid for freed slaves.
3. The Freedmen's Bureau helped reunite families and established schools while African American churches served important social, educational, and leadership roles in the community during Reconstruction.
Tengowski - Nixon day 5
Gerald Ford served as the 38th President of the United States after succeeding Richard Nixon. As President, Ford pardoned Nixon for his crimes in the Watergate scandal, which decreased his popularity. He attempted to curb inflation through policies like WIN (Whip Inflation Now) and tax cuts, but inflation continued to rise. In foreign policy, Ford oversaw the fall of Saigon to North Vietnam and the failed rescue attempt of sailors captured by Cambodia. He also negotiated arms agreements with the Soviet Union and helped end the Yom Kippur War in the Middle East.
USH 7.2 notes
During the Gilded Age of the 1870s and 1880s:
1. Political corruption was rampant as the spoils system gave government jobs to party loyalists regardless of qualifications, concentrating power in the hands of political parties.
2. Civil service reform gained momentum, culminating in the 1883 Pendleton Civil Service Act which established a merit-based hiring system for federal jobs.
3. Economic issues like tariffs and the gold standard vs. bimetallism divided the country, with bankers favoring gold alone but farmers wanting silver to promote inflation.
Great Depression Lesson
The document discusses the causes and effects of the Great Depression in the United States between 1929-1932. It provides background on President Hoover's response, which opposed direct government relief and favored private charities. It also describes the stock market crash of 1929 and its devastating impact, causing widespread unemployment and economic suffering. Testimonials are included from people who lost their farms and had to relocate during this difficult time period.
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Seminar presentation
The document provides an overview of the Great Depression that occurred in the 1930s. It began in 1929 with the stock market crash in the US and became a worldwide economic depression. Global GDP fell by 15% and unemployment rose significantly, including to 25% in the US. The causes included debt deflation, the gold standard, and protectionist policies that reduced international trade. Countries gradually recovered in the mid-1930s, while others had to wait until involvement in World War II boosted economic activity through increased government spending.
Effects Of The Great Depression
The document discusses the causes and effects of the Great Depression in the United States. It describes how the stock market crash of 1929 led to widespread panic and the collapse of the US stock market. This event marked the beginning of the Great Depression. The depression had severe economic and social impacts, including high unemployment, many bank failures, poverty, and the creation of shanty towns known as "Hoovervilles." The depression lasted until the late 1930s when steps taken by President Roosevelt and World War II helped stimulate economic recovery.
1Your NameInstructor’s NameClass InformationDate.docx
1
Your Name:
Instructor’s Name:
Class Information:
Date:
Great Depression of the American Economy
Great Depression was an austerely down trend in the economic activity of the world in the decade foregoing World War II. The time duration or rather the time for the Great Depression Was not fixed. It varied from countries to countries. However, in many countries it was experienced in the year 1930 and it lasted till the midst of 1940. The time duration for the Great Depression was for a longer period of time and it was considered the longest as well as the deepest depression of the twentieth century
The beginning point of the Depression was the fall or the crash in the stock market in U.S. The fall in the prices of stock began in the year 1929 on 4th September and the stock market crashed on the 29th of October in the year 1929. This day was known as the Black Tuesday.
The Great Depression affected severely all the sections and the class of the society in the countries including the rich and the poor. Profit Margin and the prices of the goods and services severely dropped and if the amount of revenue and taxes collected also had a devastating fall which had severe negative effect on the economy. The level of Unemployment rose in U.S. and it was depicted that around twenty percent of unemployment rate increased in U.S. whereas, in other countries the level of Unemployment rose to thirty three percent which was the highest ever increase in the rate of the unemployment process.
All the cities around the world were suffering due to this depression and especially those cities or countries whose backbone was heavy industry, construction industries because this industry totally turned downed and halted in various countries. Due to the depression the agriculture sector was also effected as because the prices of the crop also fell to around sixty percent.
Due to unemployment the primary sector was also affected, activities such as mining, logging and cash cropping was effected a lot.
There were various causes for the depression in the year 1929. These comprised of the primary weaknesses and definite events that led to a major depression and the way in which the severe depression profused from country to country was simply devastating. According to the historians the main cause or the real reason behind the great depression was failure of the bank and the crash or the fall of the stock market. However, the various monetarist economist such as Milton Friedman, Peter Temin and Barry Eichengreen states that the major cause behind the depression was the inappropriate action considered or adopted by the US Federal Reserve and the limited supply of the money and the decision of Britain for returning of gold standard before the World War.
The activity of business and the period of Boom and depression in the business and recession are considered or rather regarded as the normal activity for the business and are considered normal. However, what are t.
USHIST Chapter 11
The document provides background information on the economic factors that led to the Great Depression in the United States. It describes how strong economic growth in the 1920s masked underlying weaknesses like uneven wealth distribution. The stock market crash of 1929 exposed these flaws and triggered a widespread economic crisis. As consumer spending declined, businesses collapsed and unemployment rose sharply, plunging the US into the Great Depression, a time of immense hardship for many Americans.
History Project (T.G.D.)
The document summarizes the key events and impacts of the Great Depression, which began with the U.S. stock market crash in October 1929 and spread worldwide. It discusses several potential causes, including the stock market crash, aftermath of WWI, and bank failures in the U.S. The Depression had widespread psychological, cultural, political, and economic effects around the world. It caused high unemployment, business failures, and government responses like public works programs. While political changes occurred in some countries, the U.S. experienced less change due to its long history of democracy and belief in the American Dream.
The Great Depression was a major monetary droop in the 1930s. Numer.docx
The Great Depression was a major monetary droop in the 1930's. Numerous Americans lost their positions, their investment funds, and their homes. In any case, the United States was not by any means the only influenced nation. The business droop influenced the whole world. Many quality Black Tuesday, when the New York Stock Exchange slammed in 1929, as the significant reason, yet one can not disregard the way that there was not only one single factor causing this financial defeat. Most antiquarians and financial analysts concur that the securities exchange crash was only one of numerous supporters of the droop. As a general rule, it was all the more a sign that things had just turned out badly. To comprehend the Depression's causes, one must go further back. The Great Depression came about because of a blend of efficient and political causes that had been developing since months preceding the accident.
After World War I finished, American ranchers made some troublesome memories making benefits. The homestead despondency of the 1920's was a contributing financial factor to the Great Depression. Ranchers were delivering a surplus and well over what American customers were obtaining. Costs of rural items fell around 40% by 1921 and stayed low for the remainder of the decade. A few ranchers were in so much deficiency they couldn't take care of the home loan on their homestead and needed to lease the land or even leave. Harsh occasions had hit other significant pieces of the economy, also, including vitality, coal mining, railways, shipbuilding, and materials. Organizations had a lot of stock and too barely any purchasers.
Likewise, high taxes and war obligations were political reasons for the Great Depression. America had loaned cash to the United Kingdom and other
European countries in World War I
reparations. This made numerous different economies become dependent on the U.S. economy. As the United States encountered this monetary downturn, numerous different countries were influenced as America demanded reimbursement. European nations couldn't bear to reimburse their obligations. Pressures were additionally exacerbated when the Hawley-Smoot Tariff Act was passed in 1930. In view of the goals of protectionism, this demonstration raised import obligations to secure American ranchers and specialists, bringing about world exchange decrease by 66% from 1929 to 1934 and worldwide financial strain.
The 1920's were a period of incredible financial and innovative development in America. World War I had quite recently finished, and Americans were prepared to take a break from the nervousness of world legislative issues. During this time, known as the Roaring Twenties, Americans were centered around bringing in cash and having a fabulous time. Manufacturing plants worked to make weapons and ammo for the war were restored to produce purchaser items. In any case, overproduction in industry brought about a financial reason for the Great Depression. .
The Causes And Effects Of The Great Depression
The document discusses the causes and effects of the Great Depression, which began in 1929 and lasted until 1939. It caused widespread bank failures and unemployment as companies went bankrupt and laid off workers. At the height of the Depression in 1933, around 15 million Americans were unemployed. Deflation occurred as the value of money increased, forcing companies to cut costs by laying off more workers, which then reduced purchasing power and continued the cycle of declining sales and profits that led many more companies to fail. The widespread unemployment and poverty caused many people to live in improvised housing settlements known as "Hoovervilles."
The Great DepressionThe Great Depression was one of the wors.docx
The Great Depression
The Great Depression was one of the worst periods in American History, with millions of Americans becoming prominently poor. It began in 1930, and lasted for about 15 years, making it the longest depression of recent memories. The entire world saw a significant decrease in their economy, and it originated in the United States. This took place once the stock prices fell, which ultimately resulted in the stock market crash of October 29, 1929. This day became known as Black Tuesday for its devastating effects that affected the poor and the rich alike. With the stock market crash, personal income declined significantly, the government was collected significantly less money in taxes, and unemployment rates increased to as high as one third of the population. There are a number of main causes for this incident, and various reasons for why it lasted so long.
One of the causes of the Great Depression is the decline in construction and agriculture. Prior to the stock market crash, there appeared to be a boom in construction that took place in 1918. This large construction boom had been helping the economy significantly, and it would ultimately lead to its downfall. After rising throughout the years, the construction boom would decline in 1928 (Walton 420). Additionally, the agriculture sector had a similar effect. In the 1920’s agriculture was booming, and generating lots of revenue for the economy. It would face a significant decline that would have an impact on the economy.
The Smoot-Hawley Tariff is one of the major causes of the Great Depression as well that drove the economy downward. “The tariff was passed in June 1930. It raised tariffs on a wide array of goods, especially agricultural products” (Walton 426). Thousands protested against the tariff, and many prominent leaders even signed a petition that they gave to President Hoover. The issue with the tariffs is that the high tariffs would reduce imports. This made it more difficult for other countries to profit from U.S. exports, and many believed that other nations would react by doing the same. They were ultimately right, and the other countries did increase their tariffs as a form of retaliation. This would impact trade significantly, causing trades between countries to decline. This feat decreased profits for markets all over the world, and would become one of the major causes of the Great Depression.
The stock market crash was the most prominent cause of the Great Depression, and its effects were more devastating than any other. There was a significant increase for industrial stocks, which is why so many had been entrusted in placing their life savings in there. The shares were 110 in 1924, 338 in January of 1929, and 452 in September of 1929 (Walton 421). This significant rise had led many to believe that they would inevitably attain a return on their investment, which is what caused so many Americans to invest their life savings. Technology was booming in the ...
THE GREAT DEPRESSION.pptx
The Great Depression was the worst economic downturn in modern history, lasting from 1929 to 1939. Millions of Americans were impacted as unemployment rose to 25% in 1933, with many losing their homes, businesses, and life savings. President Hoover claimed prosperity was near, even as economic policies worsened conditions. The stock market crash, speculation, flawed monetary policies, the gold standard, and trade protectionism all contributed to the onset and prolonging of the Great Depression. It ended around 1941 as America entered World War II, lowering unemployment and raising GDP. John Steinbeck's novel Of Mice and Men explores the hardships of this era on working farmers forced to constantly migrate for work.
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The Great Depression
The document provides background information on the Great Depression in the United States during the late 1920s and early 1930s. It discusses how the stock market crash of 1929 led to widespread bank failures and economic collapse. Unemployment rose dramatically to around 25% as many sectors of the economy struggled. President Hoover initially took a cautious approach, relying on volunteerism and loans to stimulate the economy, but these measures failed to alleviate the crisis. By 1932, Hoover had lost public confidence as millions suffered from poverty and hunger during the onset of the Great Depression.
Great Dep Pres
The Great Depression began with the stock market crash of 1929 and led to a decade of high unemployment, poverty, and low profits. Farmers and industries like construction struggled as people had little money. The federal government's response, like raising tariffs, made the economic situation worse. Franklin Roosevelt's New Deal aimed to aid farmers and unions. The stock market crash was caused by widespread speculation, a weak economy, and declining international trade after World War I. The crash led to bank failures that wiped out savings and reduced consumer spending, deepening the Depression for many years.
Great Dep Pres
The document summarizes the key causes and consequences of the Great Depression that began with the stock market crash of 1929. The crash led to widespread bank failures as many people lost their life savings. As banks failed and credit dried up, businesses cut production and laid off workers, which exacerbated the economic downturn. By 1933, over 14 million Americans were unemployed and nearly 5,000 banks had failed as poverty and homelessness increased dramatically during this period of mass economic hardship.
Hogan's History- Great Depression & the New Deal
Herbert Hoover became president in 1929 as the stock market was collapsing, marking the beginning of the Great Depression. Hoover opposed large-scale government intervention but massive unemployment and poverty overwhelmed the country. Franklin Roosevelt was elected in 1932, promising a New Deal program of relief, recovery, and reform. The New Deal included programs like the CCC, AAA, FDIC, SEC, and Social Security to provide jobs, stabilize agriculture and banking, and establish a social safety net. While controversial, the New Deal helped lift the US economy and established greater government responsibility for the welfare of citizens.
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- 2. What were the causes of the Great Depression?
- 3. Causes of the Great Depression Over speculation on stocks using borrowed money that could not be repaid when the stock market crashed in 1929 and stock prices collapsed. This was also called buying stocks “on margin”.
- 4. Causes of the Great Depression Federal Reserve’s failure to prevent widespread collapse of the nation’s banking system in the late 1920s and early 1930s, leading to severe contraction in the nation’s supply of money in circulation.
- 5. Causes of the Great Depression High protective tariffs that produced retaliatory tariffs in other countries, strangling world trade (Tariff Act of 1930, popularly called the Hawley- Smoot Act) Congress tried to protect American Business by raising the price of imported goods– a devastating mistake!
- 6. How did the depression affect the lives of Americans?
- 7. Impact Unemployment and homelessness Collapse of financial system (bank closings caused investors to lose all the money they deposited). This woman was left with her children as her husband went looking for work. Her look of uncertainty shows the despair of the times! Photo by Lange; National Archives
- 8. Demand for goods declined Impact
- 9. Impact Political unrest (growing militancy of labor unions) Farm foreclosures and migration as people looked for work Farmers of the Great Plains also suffered from a devastating drought, called the “Dust Bowl” Courtesy: Minnesota Historical Society