Essay on 1930's America

Essay on 1930's America

Length: 1380 words (3.9 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

1930's America

The wall street crash:

In the late 1920s, it seemed as if everybody was in the stock market.
Estimates vary from 1,000,000 to 25,000,000. Why not? Stock prices
just kept going up and up, making your original investment more and
more valuable. And here was the best part -- you didn't need a lot of
money to get into the market. You could buy on margin. First you
borrow the money to buy the stock (interest rates were a phenomenally
low 3 1/2%). Then you put up the stock as collateral for your loan.
Simple, easy money -- if stock prices go up, you collect your
dividends. If the price dips, you raise a little cash to cover your
loss and wait for the market to rise again. In 1929, so many people
were buying on margin that they had run up a debt of six billion
dollars. The prosperity couldn't last forever. On September 3, the
market dropped sharply only to rise and then drop again. It was like
tremors before a big earthquake but nobody heeded the warning. The
market had sagged temporarily before, but it always came back
stronger. The market dipped sharply again on October 4. Some began to
sweat as the market continued to decline, then they panicked. October
21 saw an avalanche of selling as many tried to salvage something from
their loss. On October 24 -- Black Thursday -- the panic took on a
life of its own as selling orders overwhelmed the Exchange's ability
to keep up with the transactions. Some Wall Street financiers tried to
inspire confidence by buying as many shares as they could. It worked
-- temporarily. Friday and Saturday saw sales drop and a glimmer of
hope return. On Monday the panic started again, and the...

... middle of paper ... of important of these
was the White Knights of the Ku Klux Klan led by Robert Shelton. In
the Deep South considerable pressure was put on blacks by klansmen not
to vote. An example of this was the state of Mississippi. By 1960, 42%
of the population were black but only 2% were registered to vote.
Lynching was still employed as a method of terrorizing the local black


[IMAGE] Normally the Ku Klux Klan only came out at night, wearing
white clothes and masks to conceal their identity. Why did they wear
these clothes? Because not only did it make them look menacing and
known to everyone but also they were breaking the law by being so
aggressive towards the black people, although the majority of
policemen would decide to turn a blind eye on seeing such

Need Writing Help?

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

Check your paper »

America 1900 - 1930 Essay

- Throughout centuries, we as a society have come to realize American history's pros and cons. It has been both optimistic and unconstructive, throughout the late 18th century through the end of WWII. Politicians and business leaders showed us how our societies have eventually come together in the creation of modern society. It has been an extensive and tough struggle from the 1870's horizontal and vertical integration to the 1930s great depression and the ending of World War II. In this essay I will discuss how the government and big businesses impacted and intertwined with one other in the growth of modern society....   [tags: American History]

Free Essays
1835 words (5.2 pages)

John Steinbeck's Presentation in Of Mice and Men of the Culture and Experience of Itinerant Workers in 1930's America

- John Steinbeck's Presentation in Of Mice and Men of the Culture and Experience of Itinerant Workers in 1930's America The Story written by John Steinbeck called Of Mice and Men were published in a time of grief, hardship, and great depressions in 1930s. The book takes place in the 1930s, the same time Steinbeck wrote the novel, during the Wall Street crash and the great depression when the United States economy suddenly collapsed in disaster. It was the worst economic crisis it has ever had and it tremendously damaged the face of America....   [tags: Papers]

Better Essays
1121 words (3.2 pages)

Learning about Life in Southern States of America in the 1930's from To Kill A Mocking Bird

- What have you learnt about life in Southern States of America in 1930's from your reading of To Kill A Mocking Bird . 'Maycomb was an old town, but it was a tired old town' however when we look closely into the book we learn much more about the life of the town in 1930's America. Looking into the society of Maycomb, prejudice was something that was common yet not recognised by many of the towns people. One example of prejudice is of equal opportunities for both sexes. Women don't have equal rights with men; They have to dress according to the society's acceptance otherwise they would be commented about....   [tags: English Literature]

Free Essays
1473 words (4.2 pages)

The Great Depression Of The 1920s ' And 1930 ' S Essays

- What was the immense hardship that America had to face in the late 1920’s and 1930’s. If you guessed the Great Depression, then you are correct. There had been many depressions in U.S history but, the depression between 1929 and 1939, had significantly affected the American lifestyle. This Great Depression was caused by bank failures, individuals stopped purchasing items, the dust bowl, and the decrease in foreign trade. The Presidents during this timeframe were Herbert Hoover and Franklin Delano Roosevelt....   [tags: Great Depression, Franklin D. Roosevelt]

Better Essays
735 words (2.1 pages)

Havoc From the Dustbowl in the 1930's Essay

- As America tumbled skyward into the 1930s, the country also stumbled earthward into a cataclysmic depression. Farmers all across the country mewled out in agony as huge swarms of flinging dust particles flew amok and disfigured cropland. The dust squirmed itself into houses, barns, and the lungs of innocent people, infecting them with what came to be known as a dust pneumonia. Farmers suffered harshly from the annihilation of their farms due to the soil flying about. It impaired animals, crops, houses, and their families’ health....   [tags: pneumonia, agriculture, sunlight]

Better Essays
825 words (2.4 pages)

Racism in the 1930's Essay

- Racism in the 1930's The 1930's was a time of change for the blacks of the United States of America. However, this change was not all for the better. The main change for blacks during this period was that many of them migrated to the North, which in turn, caused many other situations, which included the election of President Roosevelt. This was a positive, as was the improvement from the de jure segregation, when laws allow segregation, of the South to the less harsh segregation of the North....   [tags: Papers]

Better Essays
1138 words (3.3 pages)

The 1930's Essay

- The 1930's The decade of the 1930’s can be characterized in two parts: The Great Depression, and the restoration of the American economy. America had been completely destroyed due to the Stock Market Crash of 1929. It was up to the government and people of the 1930’s to "mend" America’s wounds. One man stood up to this challenge, Franklin Delano Roosevelt. He promised to fix the American economy, provide jobs, and help the needy. During The Great Depression, the crime rate had risen to an all new high....   [tags: Papers]

Better Essays
2176 words (6.2 pages)

Essay about The Dustbowl of America in the 1930s

- The Dustbowl of America in the 1930s The Dust Bowl of North America refers to a catastrophe in the early 1930's when vast areas of the Midwestern and Western farm lands of America became wastelands. This occurred due to a series of dry years which coincided with the extension of agriculture in unsuitable lands. Droughts and dust storms caused by poor tillage practices devastated farms and ranches of the Great Plains; therefore, causing a great exodus of its inhabitants to other, more fertile, lands....   [tags: American America History]

Free Essays
857 words (2.4 pages)

Idealism in Let America Be America Again by Langston Hughes Essay

- Idealism in Let America Be America Again by Langston Hughes        In the poem "Let America Be America Again," Langston Hughes paints a vivid word picture of a depressed America in the 1930's. To many living in America, the idealism presented as the American Dream had escaped their grasp. In this poetic expression, a speaker is allowed to voice the unsung Americans' concern of how America was intended to be, had become to them, and could aspire to be again.   Using a conversational style, the author allows the speaker and listener to interact with each other....   [tags: Let America Again Essays Hughes]

Better Essays
810 words (2.3 pages)

The Effects of the Depression in Britain in the Early 1930’s Essay

- The Effects of the Depression in Britain in the Early 1930’s At the beginning of the 1930’s just like America Britain had a major depression which affected almost everyone and everything in the country. But some people were affected worse than others depending on what industry they worked in. In most cases people who worked in the old industries were affected worst because the old industries like Shipbuilding, Textiles, Coal mining and Steel making suffered survirly. Ship building in particular was hit because if no one wanted to buy or sell goods abroad then ships had very little use so few new ones were made and so lots of people lost jobs....   [tags: Papers]

Free Essays
589 words (1.7 pages)