Overall, great societies fall because of internal problems such as, unemployment which leaves people begging for money, political corruption that has government officials constantly fighting, and fast expansion making it very difficult for soldiers to be at all of the borders protecting the whole empire. One of the main reasons great societies fall is because of unemployment. Wealthier people owned farms and had slaves work, making their goods cheaper. However, farmers who had freed men that they had to pay could not sell their goods for very cheap, because they needed the money to pay the workers with. Eventually, the farmers couldn’t keep up with the cheap goods and eventually lost their farms leaving them unemployed and the freed men working for them.
Another problem was the declining in exports. In the 1920s American tariffs began to increase therefore the demand Europeans had for American ... ... middle of paper ... ...ion. It did not work the economy continuously deprecated. Before the crash of the stock market Hoover came up with an Agricultural Marketing Act, the government would help farmers maintain prices instead it stiffened exports on food. Hoovers popularity chronically decrease, there were Americans that blamed Hoover himself for the depression.
The Depression was a period of time after the economic boom of the 1920's in America, when the economy went downhill. People lost money, jobs, shares, businusses went bankrupt and the farming industry suffered greatly. The Republic Government at the time lead by Hoover was still following policies of Lassez Faire so business was not getting the support it needed to get it back on track. The Republic Governments Protectionist policies were one of the causes of the great depression. There were trade problems associated with their protectionist policies.
This was a long-term cause because there was inequality between the rich and the poor from the start and the poor were already in depression long before the crash. This also happened because the government did not tax the rich much this meant that there were no rules to help the poor i.e. the farmers until 1919 they were fairly prosperous but during the 1920s boom they faced ruin. They were overproducing as they had all this new machinery allow them to produce a lot more but all this extra food went to waste as supply was exceeding demand. As result of these surplus goods the farmers had to drop food prices to sell it and this meant income was getting lower and lower.
A major cause of the Depression was that the pay of workers did not increase at all. Because of this, they couldn't afford manufactured goods. While the factories were still manufacturing goods, Americans weren't able to afford them and the factories made no money (Drewry and O'connor 559). Another major cause related to farmers. Farmers weren't doing to well because they were producing more crops and farm products than could be sold at high prices.
Also Canada’s dependence on a few primary productions and dependence on United States had a huge effect on the depression. Canada’s economy is linked closely to the U.S and when the American economy got sick Canada suffered because they no longer needed products produced such as sold wheat, fish, minerals, pulp and paper. When the depression hit demands for all these items dropped as well as other countries produced huge surplus which drove prices down. Another cause was Canada putting on high tariffs was a factor of the great depression as well but effected many countries because it chocked off international trade, countless countries put high tariffs on goods coming into their country to protect homeland industries which caused trades between nations begin to slow down. Even credit buying and stock buying was a ... ... middle of paper ... ... money from the munition workers and they would feel secure enough to buy a dress and then the tailor would feel confident to go and buy a dresser and so on.
For the Weimar Government, this caused great problems. It caused inflation, and the bankruptcy of many businesses who had borrowed money from the banks and Americans. Consequently, businesses laid off workers, resulting in huge unemployment which made the Weimar government extremely unpopular, made worse by Chancellor Brüning cutting welfare benefits in 1930 to counter the depression. This made the situation catastrophic for the unemployed, who would do anything to get back to work. These problems may have been solvable, but the German industry had also suffered greatly as there were less people working to produce.
The young, recently married farmers living in the Great Plains during the 1930s had a terrible life. First off, being married meant having multiple people to provide for. This is more responsibility, and leads to dividing up the food between family members. Then, the country was also in an economic downturn, so the price of food and crops were low. Farmers already had debt because of new machines and land that was purchased during World War I to keep up with the demand during the war.
Economic decline in the 1770s may have frustrated some bourgeois in their rise to power and wealth, and rising bread prices just before the Revolution certainly increased dissatisfaction among workers and peasants. France also suffered from harsh economic problems. Poor farm harvests by farmers hurt the economy, and trade rules from the Middle Ages still survived, making trade difficult. At this time, the gap between the rich and the poor was becoming greater, with the poor becoming poorer, and the rich becoming richer. A central bank was nowhere to be found, there was no paper currency and in general, taxes were becoming greater for the peasants.
The drought that created the Dust Bowl just made their problems worse. The structure of world trade fell, and each nation decided to protect its trade by putting high taxes on imported products. This made matters worse. In the fall of 1931 the international gold standard had fell, making any hope for recovery out of reach, GOVERNMENT RESPONSE State governments were in no position to do much to aid depression victims, so hard-pressed were they for revenues. The response of the federal government was, at least in the early years, too little and too late.