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Great Depression in the United States
Impact of Great Depression on Americans
Impacts of great depression
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How the Greatest Generation Won WWII, Saving the World. The "Greatest Generation” is a term that Tom Brokaw coined to describe those individuals who were born roughly between the years of 1909-1928. Every generation after the Greatest Generation owes their gratitude toward this generation for the livelihoods we enjoy today. The Greatest Generation had endured some of the toughest times in the history of the United States, growing up in the Great Depression, Dust Bowl, and then fighting in the largest war in history, World War II. The Greatest Generation caused the tides of WWII to turn, uniting the country, and ultimately saving the world through their strong values of hard work, commitment, discipline, and most importantly sacrifice. As children, the Greatest Generation were born into the worst economy the United States has ever seen. This was a very dark and desperate time for nearly every American family. The Lost Generation (1890-1908) were “living it up”, so to speak. Then in October of 1929 the stock market came crashing down in a historic way. This came as a shock to the whole country in 1929, especially after the roaring '20s. The stock market crash caused a ripple effect, making employer’s layoff their employees. By 1930, there were 4 million people out of work, to which that number rose to between 13-15 million people in 1933. The stock market crash also made just about every bank fail. Many Americans began using credit to help feed their family, but without finding work they went into default, nearly losing everything they owned (“The Great Depression”). The depression lasted for a full decade, until 1939. To add insult to injury a drought struck from 1934 to 1937. The Dust Bowl made the depressio... ... middle of paper ... ...s” (Brokaw). They went without certain things and became very thankful for the things they did have. They learned a great deal about what values are the most important, not only through teachings from their family and school (somewhat) but through their life experiences that formed them into this great generation. Their sacrifices at home and on the frontlines make our current difficulties look like a walk on the beach in comparison (Brokaw) Works Cited Cole, Hugh M. "Bastogne Is Encircled". THE ARDENNES: BATTLE OF THE BULGE. WASHINGTON, D.C.: OFFICE OF THE CHIEF OF MILITARY HISTORY, 1965. Print. Roosevelt, Franklin D. "Pearl Harbor Attack." White House, Washington D.C. 8 Dec. 1941. Speech. Stewart, Richard W. "World War II: The War Against Japan”. Center of Military History, 1 Jan. 2005. EBook. 5 May 2014.
Okihiro, Gary Y. Whispered Silences: Japanese Americans and World War II. Seattle: University of Washington Press, 1996.
During the 1920’s, America was a prosperous nation going through the “Big Boom” and loving every second of it. However, this fortune didn’t last long, because with the 1930’s came a period of serious economic recession, a period called the Great Depression. By 1933, a quarter of the nation’s workers (about 40 million) were without jobs. The weekly income rate dropped from $24.76 per week in 1929 to $16.65 per week in 1933 (McElvaine, 8). After President Hoover failed to rectify the recession situation, Franklin D. Roosevelt began his term with the hopeful New Deal. In two installments, Roosevelt hoped to relieve short term suffering with the first, and redistribution of money amongst the poor with the second. Throughout these years of the depression, many Americans spoke their minds through pen and paper. Many criticized Hoover’s policies of the early Depression and praised the Roosevelts’ efforts. Each opinion about the causes and solutions of the Great Depression are based upon economic, racial and social standing in America.
Dull, Paul S. (1978). A Battle History of the Imperial Japanese Navy (1941–1945). US Naval Institute Press.
“The Stock Market Crash was the most devastating in history. After World War I it was a period of peace and the crash interrupted it.” (“The Wall Street”). The public demanded deposits from the banks and as they were handing the cash over little did they know it was leading to less money in circulation. Companies closed down because of deflation and low demand while others laid off over half of their workers. As the unemployment levels increased, properties were repossessed and citizens started mortgaging their houses and selling everything just to get through the depression with their own home. Post war time the United States was booming, with the trade from Germany and Europe. The 1920’s turned out to be a decade, which lead America into the depression. As more and more people invested their money, the stock prices raised. “A multitude of large bank loans that could not be liquidated, and an economic recession that had begun earlier in the summer.” (“American
During World War II, Germany’s military was superior to anyone else in the world, with far more advanced technology, tactics, and weaponry. They had a fearless leader who would stop at nothing to make his country great again. Their closest rival, the Soviet Union, was almost out of the picture with a death toll of over 26 million. On top of that, Germany had nothing to lose, and would not conceivably stop. So how then, with all odds against them, did the Allies win the war? A combination of factors affected Germany’s downfall, such as lack of morale, unwieldy weapons, and failure to work with its so-called allies.
The years berween 1929 and 1933 were trying years for people throughout the world. Inflation was often so high money became nearly worthless. America had lost the prosperity it had known during the 1920's. America was caught in a trap of a complete meltdown of economy, workers had no jobs simply because it cost too much to ship the abundance of goods being produced. This cycle was unbreakable, and produced what is nearly universally recognized as the greatest economic collapse of all times. These would be trying years for all, but not every American faced the same challenges and hardships. (Sliding 3)
One of the major impacts that the Great Depression had on many families was salary income. The economic collapse of the 1930’s was overwhelming in the way that it was affecting the citizens. “Unemployment jumped from less than 3 million in 1929 to 4 million in 1930, 8 million in 1931, and 12.5 million in 1932.” In just one year, a quarter of the nation’s families did not have any salaries entering their household, and during the first three years, an average of 100,000 workers was fired each week. When it became too difficult for the men to find work it became more popular for women and children to enter the work force. The women began to find it easier to find jobs working ask: clerks, maids, and other simple jobs to bring some sort of income into their home. There was a huge decline of food prices, but many families did without things like milk and meat and unless they could grow their food they would not buy it. In order to save the little money that they had many families started ignoring medical care, began growing and producing their own food, canning the food that they grew, and buying used bread. Although the women were able to bring a small amount of money home with them, something was better than nothing in this case. The average family income had tumbled to 40 percent, from $2,3...
Leckie, Robert. Okinawa: The Last Battle of World War II. New York: Penguin Group, 1995. Print.
Do you know what it’s like to live in a cardboard home, starve, and raise a family in poverty? Unfortunately, most Americans in the 1930s went through this on a day-to-day basis. In 1929 the stock market crashed. Many people lost their life savings; they invested everything they owned in a failing stock market. The country was falling, everyone needed strong leadership and help from the government.
By 1929, the U.S. economy was in serious trouble despite the soaring profits in the stock market. Since the end of WWI in 1918, farm prices had dropped about 40% below their pre-war level. Farm profits fell so low that many farmers could not pay their debts to the banks; in turn this caused about 550 banks to go out of business. The nations illusion of unending prosperity was shattered on Oct. 24 1929. Worried investors who had bought stock on credit began to sell it. A panic developed, and on October 29, stockholders sold a record 16,410,030 share. By mid-November, stock prices had plunged about 40%. The stock market crash led to the Great Depression, the worst depression in the nation’s history (until…2014 ☺). It was a terrible price to pay for the false sense of prosperity and national well being of the Roaring Twenties.
Japan surrendered in several places from September 7th to September 16th. Works Cited O’Neill, William L. World War II Student Companion. 1 ed. of the book. William H. Chafe, b. 1875.
The majority of the article compared Generation X to the baby boomers and, to a lesser extent, to millennials. These generation are larger, and louder, then Generation X, claimed Cohen, yet he believed that Generation X is the one that is crucial to maintaining American tradition as we know it. He emphasis that Generation X is “Cynical, wised up, [and] sane.”
Hasegawa, Tsuyoshi. “Racing the Enemy: Stalin, Truman and the Surrender of Japan.” Taking Sides: Clashing View in United States History. Ed. Larry Madaras & James SoRelle. 15th ed. New York, NY. 2012. 289-298.
"Was the Atomic Bombing of Japan Justifiable?" The Pacific War 1941-43. Web. 10 June 2010.
generation different from your parents’ generation? Use specific reasons and examples to explain your answer.