The 1930s brought the deepest and longest-lasting economic downturn of the Western industrial world (http://www.history.com). This economic downturn was known as ‘The Great Depression’ (http://www.history.com). The Great Depression in the United States soon began after the stock market crash of October 1929 (http://www.history.com). Consumer spending and investment dropped which caused a decline in industrial output and led to rising levels of unemployment (http://www.history.com). During this time period money was scarce. People did what they had to do in order to make their lives happy (http://wwwappskc.lonestar.edu). The Great Depression was hard on the economy which in turn affected how people lived their lives and spent their money. The stock market crash affected consumer confidence in a negative way. There was a downturn in spending and investing (http://www.history.com). This caused businesses to slow down production and construction which led to firing workers (http://www.history.com). People were forced to buy on credit. This led to a lot of debt, foreclosures, and repossessions of property which became an issue for families (http://www.history.com). For American'; the 'American' dream became a nightmare; the land of opportunity became the land of desperation; the land of hope and optimism became despair; and people were questioning all the principles they based their lives on: democracy, capitalism, individualism (http://wwwappskc.lonestar.edu). Would the Great Depression get better? Or was it only going to get worse? Matters got worse as time passed by. By 1930, 4 million Americans couldn’t find work and by 1931 that number was up to 6 million (http://www.history.com). People were relying on soup kitche... ... middle of paper ... ...ep their families fed, and keep a roof over their heads. Baseball even suffered during this time period, because of low fan attendance, but took others avenues to keep the game alive. Things started looking up as the 1930s ended. World War II stimulated defense production in America, which meant jobs, money, and the Great Depression began to disappear (http://www.pbs.org). Even though I didn't grow up during the Great Depression time period, as a child I felt like I had. My family lived in poverty and relied on government funding to feed and keep a roof over our heads. My family moved many times in order to go where the jobs were. Today, I have a great career which allows me to have food on the table each day, a roof over my head, and money in the bank. My outlook in life is, "take nothing for granted as tomorrow everything can be taken away in an instant".
The Great Depression was just that, great. It was a unique experience that America has only gone through once… or perhaps twice? Maybe the 2008 American economic crisis did not lead to a recession at all; maybe it led to a second Great Depression. Of course that’s utter insanity, because everything from the numbers to the feelings show that 2000-2010 was nothing like the twenties and thirties. Realistically the most recent American recession was a barnacle on the whale of the Great Depression. Children of the recession can confirm to you that very little was similar to their twenties brethren. There was no widespread disgrace and debilitating state off living, there was only mild annoyance.
The Great Depression was a period in United States history when business was poor and many people were out of work. The beginning of the Great Depression in the United States was associated with the stock market crash on October 29, 1929, known as Black Tuesday. Thousands of investors lost large amounts of money and many were wiped out, lost everything. Banks, stores, and factories were closed and left millions of Americans jobless and homeless (Baughman 82).
The Great Depression changed the way many people acted toward other people and their belongings. They could have changed for the worse, and all they cared about were themselves which is kind of inferring that they can still provide for themselves with just barely. They also could have changed for the better by sharing, which is pretty much inferring that they have a lot of extra money and feel bad for those less fortunate, or the cannot provide for themselves and are forced to shared to survive. There are many stories to back up this statement.
It would be rural America that would suffer the greatest. Unemployed fathers saw children hired for substandard wages. In 1930, 2.25 million boys and girls ages 10–18 worked in factories, canneries, mines, and on farms. Children left school to support their families. Life for the people through the great depression was devastating and restricting.
The great depression influenced and scarred many lives, but it also improved the country.I think that the great depression taught many people to be grateful ,and realize that many people in the world are, and have been basically living in poverty their whole lives. For example, in the book ,No Promises In The Wind Josh and Joey had to realize and accept the fact that they don't have food and that they don`t have money. Sometimes we think of the Great depression as a horrible time, but it helped bring out the best in people. During the great depression it did help bring out the best in people, but it also brought out the worst. The stock market crash was not a party you would want to be invited to,and
The widespread poverty of the Great Depression caused dramatic changes to family life. The Great Depression began after the stock market crash in October 1929. In November 1930, 6,000 unemployed americans work at selling apples for 5 cent apiece in New York. In February 1931, food riots begin in Minneapolis, and other states in the U.S. Many Americans lost their jobs, savings, homes and wealthy people were affected by the depression. Also, farmers didn’t make enough money because there was no rain for 3 years. The reason Franklin Delano Roosevelt was elected to become a president in 1933 because he was promised a New Deal for the people. The Great Depression lasted for 10 years, and they were some difficult years since in 1929. The Great Depression was the largest hit in the history because many Americans loss their jobs, and the people who lived through the Great Depression struggle each day until the Great Depression
The Great Depression is known as the greatest time of recession in American history. Many factors contributed to this hard time. With the stock market boom in the 1920’s, our country was filled with optimism for the future. Although there were signs of problems to come former President Herbert Hoover was just as convinced as the nation that they were only going through a rough patch and would be back on their feet in no time. That was until the stock market crash of 1929, which marked the beginning of the Great Depression. The stock market crash led to bank and company failures. Many people became unemployed and had to leave their homes. Families also had to move away because of the drought that caused dust storms and ultimately the Dust Bowl. Soon enough, thousands were migrating to find jobs elsewhere. Eventually when former President Franklin D. Roosevelt was elected into office, he presented America with “The New Deal,” the plan that would save America and bring the nation up and out of the recession.
The Great Depression was an incredibly trying time for Americans, especially American farmers. After years of plowing and overgrazing, the land was no longer able to support life, and dust storms swept the nation. Acre after acre of crops were destroyed by the dust storms that plagued American farmland during the 1930s. Farmers were forced from the land they had been sharecropping for generations. Sharecropping land all across the nation was foreclosed upon by the banks as they were no longer making any profit. On top of all this, the stock market crashed, leaving those once wealthy broke, or worse, deeply in debt, leaving them with nothing but the clothes their backs. A few of those who lost everything became hobos, stealing rides on trains
The Great Depression was an economic slump that spread from the United States to Europe, and other industrialized areas. The Great Depression began in 1929 and ended around 1939. The Great Depression was caused by the collapse of the stock market in October of 1929. According to About the Great Depression, “By 1932 the stock market dropped by 20 percent and ruined many people’s jobs, and individual investors. By 1932 United States manufacturing had fallen from 54 percent and unemployment had risen to 12-15 million or 25-30 percent. By 1933, 11,000 of 25,000 United States banks have failed.” “By 1933 unemployment had soared to 25 percent, up from 3.2 percent in 1929. Industrial production declined by 50 percent, international trade plunged 30
The Great Depression was a global economic depression that started in 1929 and lasted until the late 1930’s. It was global because it not only negatively affected the United States but the rest of the world as well. The causes of the Great Depression have been analyzed by historians and economists over the years and they have come up with many theories. It is believed the great depression was triggered by stock market crash of 1929. During that time there were bank failures, high unemployment which lead to poverty. There were dramatic drops in demand and credit, and disruption of trade.
“My parents were children during the Great Depression of the 1930’s and it scarred them. Especially my father, who saw destitution in his Brooklyn, New York neighborhood; adults standing in so called “bread lines”; children begging in the streets.” - (Bill O'reilly) The Great Depression was one of the most difficult times in U.S. history. Men, women, and even children had suffered through it and would be forever scarred. The Great Depression had started in 1929, when the stock markets had crashed. Many families had lost their jobs, lost their money, lost their home, barely had any food, and had to be useful of their resources. These were very depressing times and everyone had to suffer for 10 long years.
The Great Depression basically affected every aspect of the American life. Both public and private sectors were adversely susceptible to the negative effects. According to Rauchway, "the severity of the Depression 's misfortune also diminished the difference between the comfortable and the hard up." Slavin tells us "prices began to decline, investment in plant and equipment collapsed, and a drought wiped out millions of farmers. By March 1933 the economy had completely hit an extremely low point, in that, "national output was about one-third lower than it had been in August 1929". Thousand of banks failed causing people to ultimately lose faith in the system. The official unemployment rate at that time was a twenty-five percent, but according to the text these figures give a partial description of the real story. As a matter of fact millions of workers had given up on looking for work in the depths of the Great Depression. There was simply no work to be had.These people were not counted as part of the unemployment rate because they did not comply with government standards, for they were not actually actively looking for work, (Slavin
During the 1930’s, Americans were going through what was known as the Great Depression. Once the stock market crashed after investors lost security and confidence so in October 1929, the economy fell. Since the economy was great during the 1920’s, people were not prepared for the economic hardship. Many people had no savings so they could not deal with the loss of money. They lost their jobs and homes and were impacted psychologically and physically. Not only did they have to deal with the loss of money, they had to deal with one of the greatest natural disasters (America: The Story of Us, 2010). Families ended up being extremely affected by the Great Depression.
Economic: In the year 1929 U.S Stock Market crashed and the following year worldwide depression was seen. Great depression was the time when America suffered a huge downturn in the economy where silent generation suffered tremendously. Many American citizens lost their homes, properties and above all more the 24 % were unemployed. But World War II played an important role in the economic recovery as new industries were built, employment rate increased and development were made.
This was especially true for every worker that worked on any farm. With there being so many migrants looking for work it resulted in low pay for everyone(Migrant Workers of..). Any job they had did, they were getting paid at starvation wages(National Farm Worker Ministry). Their earnings often ranged from seventy-five cents to $1.25 a day(The Great Depression). For that reason, migrants were the lowest paid workers in the country(Mapes, Kathy). Even if a family had every member in it working, they still weren’t making