The Great Depression : A Rough Time For Millions Of American People Essay

The Great Depression : A Rough Time For Millions Of American People Essay

Length: 994 words (2.8 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

The Great Depression was a rough time for millions of American people. The aftermath of the Stock Market Crash of 1929 left many hard working Americans unemployed and without any money, making it the most serious depression in American history. Although Americans were experiencing years of prosperous life prior to the crash, they did not expect a depression that would last ten years. The collapse of the economy eventually led to a rapid rise in crimes. Theft, prostitution, and alcohol related crimes began to increase with the recession. Unemployment and poverty were the key factors responsible for the crimes during the Great Depression.

The Great Depression was triggered by a panic from the Crash of 1929. During this time stocks were becoming a trend for Americans who wanted to earn money by investing in companies they believed would do well in the stock market. Initially the stock market was doing great, as the value of companies’ stock went up, the more companies were invested in. Many of the Americans that participated in the stock market were beginning to blindly invest in companies that they knew nothing about. They assumed that the companies would do great, as they were successful in the market. The wealthy caused a problem in the market by pulling out their stocks as they got information that the stock value would go down. The wealthy’s drawback influenced many others to withdraw their stocks, causing a major crash in the market.

The Crash of 1929 was just be the beginning of a downward spiral of America’s economy. A few low and middle class American’s wanted to participate in the market so they sought out loans from banks. Banks were more than obliged to give loans as long as they had collateral to offer the bank. Unfort...

... middle of paper ...

... Fortunately, the police officers were able to clear up quite a few unsolved robberies in the southern part of the city with the information discovered during the arrest of the three criminals. According to Officer Conwell, Lester Diamond already had a criminal record for the theft of a car, where he served his 13 months. Charles Weyandt and James Forr were clean of any criminal records prior to their arrest.

In retrospect, these three men committed multiple counts of robberies in South Altoona, Pennsylvania in a span of a year before getting caught. Although the crimes they committed were unforgivable, their actions may have been influenced by the economic struggle the Great Depression caused millions of America’s people. The loss of employment and not having any money for food and bills ultimately would lead a few to turn to crime to improve their economic life.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

The Great Depression : An Endless Joy For The American People Essay

- In the early and mid 1920’s, was an endless joy for the American people. However, in 1929, the stock market crashed and brought The United States of America into the Great Depression. The Great Depression was one of the lowest points in American history. Every American was effected by the Great Depression. Many people lost their jobs and had no way of finding other jobs. Farmers couldn’t make a single profit and lost money every day. Many families split up during this rough time. Many would commit suicide because of the hardships they would deal with....   [tags: Great Depression, United States, Dust Bowl]

Better Essays
892 words (2.5 pages)

The Great Depression : The Worst Phenomenon On The Earth Essay

- Michael Burkhardt Mrs. Wilkerson 15 October 2014 English III Rough Draft The great depression was one of the worst phenomenon on the Earth. The Great Depression lasted from 1929 to 1939. It was the deepest and longest lasting economic downturn in the history of the Western industrialized world. The Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. As consumer spending and investment dropped, the unemployment levels dropped dramatically....   [tags: Great Depression, Wall Street Crash of 1929]

Better Essays
1669 words (4.8 pages)

American Culture and Lifestyle During The Great Depression Essay

- The Great Depression was one of the most important historical events that has happened within the last century that impacted every Americans life one way or another. There were many factors that could be an explanation of why The Great Depression happened, but there is no one definitive list of the reasons of what caused The Great Depression. It was a mixture of events in the United States and outside of it that probably led to this period of time to happen. The main reason that everyone could agree on was the event of the Wall Street Crash of 1929....   [tags: tariff act, horrible economy, entertaintment]

Better Essays
1532 words (4.4 pages)

causes of the great depression Essay

- The Great Depression was a decade of poverty for many United States citizens. Starting in 1929, The Great Depression was a rough time not only for the U.S. but for many other countries. There are many causes for the Depression but the main cause was the combination of the greatly unequal distribution of wealth throughout the 1920's and the extensive stock market speculation(Gusmorino, 1). Other causes were the unsteadiness of the stock market, short signed economic policies, overdependence on mass production, consumer spending, advertising, welfare capitalism, and high tariff....   [tags: essays research papers]

Better Essays
580 words (1.7 pages)

The War Of World War II Essay

- KA-BOOM, BANG BANG, POW, the noises of war. Many resent these sounds for it represents a horrible event to them. War can be seen as senseless fighting. It has claimed the lives of so many people around the world. But war is more than just fighting because it can bear advantageous fruits that a country can use to thrive. The United States especially has grown because of war. It has brought us from a country that farms into one that uses factories. World War II was the origin of many beneficial things to the United States such as hegemony, a revived economy, and new technology....   [tags: World War II, United States, Great Depression]

Better Essays
1422 words (4.1 pages)

Recessions and Depressions Essay

- America has experienced several recessions and depressions in the past. Most recently, the housing crisis sparked a recession which has led to rising unemployment. The largest recession so far has been the Great Depression of the 1930s. A stock market crash in 1929 caused loss of savings which led to unemployment, lower wages, and a distrust of the banking system. The affects of it lasted into the 1940s. Franklin Roosevelt was elected president during this period; legislation he passed tried to alleviate the suffering of the public....   [tags: Economy, The Great Depression]

Better Essays
1661 words (4.7 pages)

Essay on The Great Depression Impact On America

- Many people believe that the Great Depression was one of the worst breakdowns that has ever happened to the American economy. Scholars today know this, but still do not fully comprehend all the miniscule and major events that led this to happen which consisted of the stock market crash, high unemployment rates, low product value plus no sells, and bank failures. The Great Depression took place in the United States in the year 1929 and it lasted around a total time period of 10 years. The Great Depression affected everybody in America differently....   [tags: Great Depression, Wall Street Crash of 1929]

Better Essays
1505 words (4.3 pages)

Depression in Adolescents Essay

- Depression in Adolescents Depression is a huge plague in the world. The American Psychiatric Association reports that depression occurs if at least 5 of the following symptoms occur for at least 2 weeks: depressed or sad mood, decreased interest in activities that once was enjoyable, weight gain or loss, psychomotor agitation or retardation, fatigue, misplaced guilt, a lack of concentration, or even recurrent thoughts of death. Approximately 121 million people are affected by some form of depression....   [tags: American Psychiatric Association, Depression]

Better Essays
1550 words (4.4 pages)

Dealing with Clinical Depression: A Rough Idea Essay

- Dealing with Clinical Depression: A Rough Idea Life is full of ups and downs. Every individual experiences mood changes, which are mere reaction to everyday experiences. The loss of a loved one might produce sadness while graduating from school might elicit happiness. Likewise a sunny day might make you smile while; a gray day in the winter might produce the “blues.” And yet, these reactions are normal, although by no means experienced by all whose lives are touched by the events. The blues are usually short-lived, hours to a few days in duration....   [tags: Biology Essays Research Papers]

Free Essays
1062 words (3 pages)

Black Hole of Depression Essay

- It is that cold sense of apathy that waits below the surface, playing with your emotions and your ability to react to your surroundings. As one Australian author noted, “Depression is a prison, where one is both the suffering prisoner and the cruel jailer” (Rowe). According to the Merriam Webster Dictionary, “Depression is defined as a state of feeling sad or a serious medical condition in which a person feels very sad, hopeless, and unimportant and often is unable to live in a normal way” (“Depression”)....   [tags: Depression, Americans, Happiness]

Better Essays
953 words (2.7 pages)