The Great Depression

Better Essays
“Severe despondency and dejection, typically felt over a period of time and accompanied by feelings of hopelessness and inadequacy”. That my friends is the true definition of of what the Great Depression really was. It was a time that most people want to never remember or ever happen again. You would think the United States would have learned from their mistakes but it seems we are going down the same road once again without even taking a step back and realizing it. When people talk about the Great Depression not a single person will have anything good to say about it. It caused families a great deal of pain that they will never forget. With the “prices of farm products falling about 40% by 1921 and remaining low through the 1920s” it seemed that this tragedy was never going to get fixed. Things for the Great Depression was obviously not looking good because of the stock market crashing, over production of products, and not having sufficient jobs and suffering of African Americans.
With the stock market at the worse it has ever seen it caused many issues in the social classes dealing with money. With most peoples primary focus on buying the latest car model or household appliances with what they thought they had everything figured out with the newly developed “credit” that the banks were allowing them to use. What they didn't know was that they were digging themselves a hole that they truly couldn't get themselves and even the government out of. Rich and poor was so imbalanced that “.1 percent of society earning the same total income as 42 percent...” With the producing of more and more goods to satisfy the needs of many individuals. The day that the government never saw coming finally hit them right in the face. That day was kn...

... middle of paper ...

... was more for the people and eventually he got America out of debt. Maybe took longer then projected but it takes patience and as you can see he came out on top of things and most presidents cannot even say that about their term in office.

Works Cited

"Are We at Risk For Another Great Depression?" 20th Century History. N.p., n.d. Web. 06 May 2014
"American Experience: TV's Most-watched History Series."PBS. PBS, n.d. Web. 04 May 2014.
"The Depression in the U.S.--An Overview."The Depression in the U.S.--An Overview. N.p., n.d. Web. 01 May 2014.
"Web Page Template."Web Page Template. N.p., n.d. Web. 01 May 2014.
"5 Main Causes of the Great Depression."5 Main Causes of the Great Depression. N.p., n.d. Web. 02 May 2014.
"Great Depression.", n.d. Web. 01 May 2014.
"Digital History."Digital History. N.p., n.d. Web. 02 May 2014.
Get Access