CItizens and the great depression Essay

Submitted By hblue2020
Words: 1585
Pages: 7
Open Document
1

During the 1930’s Americans experienced the Great Depression as well as the New Deal. During this time the relationship between the government and citizens changed drastically. The government took a grater roll in the everyday lives of citizens both socially and politically. The New Deal created by the Roosevelt Administration made an attempt to stimulate the economy during this very thorny time. In the following essay we will discuss the factors that caused the great depression and the mark it left in the United States of America. We will discuss the different approach taken towards the great depression between president Roosevelt and President Hoover. We will also discuss the most significant policies created by the Roosevelt administration while in his quest to bring financial security to America and who were his biggest critics during his pursuit. Lastly we will discuss the New Deals legacy during the 20th century and how it impacted the lives of citizens in the United States. The Great Depression was not caused by one factor, but rather a combination of domestic and worldwide conditions. The impact of the great depression was felt by all in America and paved the way to the creation of the New Deal. One of the causes of the Great Depression was over production; this affected the companies because they manufacturing an excess of items that were not being purchased. Companies still kept up high production rates but fired many of the workers. The Unemployed citizens could not afford to buy the items. Another reason that paved the way towards the Great Depression was under consumption. This impacted the companies because the ability to produce is much higher than the ability to consume. Citizens were very careful in spending the little

2 they had and this was a reality for most of the American population. The third cause of the great depression was the unequal distribution of wealth. The rich were stable and had everything they needed and on the other hand the majority of citizens no none or little money and survived on the little they had. Because of this they could not afford to purchase any goods, put companies in bad situations with an overload of goods in stock. In consequence of these three fundamental causes stock market crashed in October of 1929, on a day that was referred to as Black Tuesday.1 In consequence of those three factors that caused the Great Depression were the bank closures and as result of that citizens were loosing their savings and financial security.2 Because of the Great Depression many citizens lost their jobs and making them unable to pay for items purchased via credit and that caused a rise in repossessions. During the 1930’s unemployment rate in the nation rose to above 25% and this also affected the economy severely because citizens are spending less to try and alleviate the economic hardship.3 This did not affect those that were fortunate enough of being rich and this is why the distribution of wealth caused so many problems. The severe draught conditions during the 1930’s also know as the Dust Bowl played a big role in the Great Depression. The Dust Bowl really affected the Midwest by killing crops. The windy conditions created sand storms that deposited mounds of dirt on everything in its path, from crops to the lives many innocent people. Consequently the banks had to reposes many farms; and
3
the repossessions left banks with properties lined up without use because farmers were not able to produce enough to pay their mortgage. The Citizens of the United States did not only have to deal with the devastating effects of the Great Depression, but also the views and beliefs of one of the most controversial presidents of all times. President Hoover and his administration believed in keeping a balanced budget and did not believe that the government should be investing money into to restoring the economy. President Hoover believed that people
Show More

Related Documents: CItizens and the great depression Essay

Effects of the Great Depression Essay

The Effects of the Great Depression The Great Depression was a horrible event that took place almost 100 years ago. It was a time in our society when people had no money and no food. Everyone was losing their jobs because the companies couldn’t afford to pay them and stay in business at the same time. After the Stock Market crashed and the economy went downhill, a lot of changes were made within the government to make sure that nothing like this would ever happen again. This period in time was…

Words 1400 - Pages 6

How Did Ww2 Affect The Economy

Some events in American history may leave an indication on our lives and future. Events like September 11, Great Depression, and World War 2 leave signs of what our future would look in 30 years. After 9/11 occurred, it affected the country both positive and negative. The country created the Department of Homeland Security, and they listened to everyone's phone calls, making sure the people talked about normal topics. Although the World War 2 impacted the country positive in some ways, the war also…

Words 543 - Pages 3

What Are The Similarities Between The Great Depression And The Great Recession

The Great Depression was a national economic crisis that struck the United States in October of 1929. This economic decline was caused by the stock market crash that destroyed the United States economy for ten years. Families had to face starvation, unemployment, bankruptcy, and poverty. About eighty years later, another economic disaster swept the United States, known as the Great Recession, along with the rest of the world. Panicked governments quickly tried to recover their economies while citizens…

Words 1563 - Pages 7

English: Great Depression and Arsenic Containing Ores Essay

Great Depression Economic failure is currently a large issue that the world as a whole is dealing with. However, this is not the first time; the great depression is also a period when the values of economic goods have declined. Therefore, are no official reasons to why the great depression occurred and therefore, only theories. However, there could be additional factors in explaining why the great depression occurred. These additional factors include the demand of certain materials and the following…

Words 423 - Pages 2

FDR's New Deal: A Sign of Hope and Recovery Essay

the footprint it left behind was an economic crisis. Bank failure, installment plans, and the crashing of the Stock Market all led to the Great Depression. In 1932, Franklin D. Roosevelt was elected president of the United Sates during one of the hardest economic struggles in history. Herbert Hoover, the previous president to Roosevelt, believed that the depression would work itself out with the hard work and will of the people. In addition to his conservative beliefs, Hoover and was the epitome of…

Words 1302 - Pages 6

Great Depression Dbq Essay

experienced depressions both long before and after, none have ever compared to The Great Depression. The Great Depression continues to be seen as the longest-lasting and most destructive depression in American history. Beginning shortly after the “Great Crash” of the stock market in 1929 and lasting until the start of World War II, the population of the United States would be living through these miserable circumstances for a decade. During the time America saw an overwhelming increase of citizens being…

Words 930 - Pages 4

Why Was The Movie Popular In The 1930's

the Great Depression (Price). The movie industry had to do something to bring more people to come to the movies so theatres lowered admission prices and gave away cash prizes in order to boost admission. This did boost admission but it wasn’t the main reason people went to the movies. People looked for a way to get their mind off of the Depression and that is why people attended so often. During the 1930’s, going to the movies provided a great escape from the hardships of the Great Depression.…

Words 618 - Pages 3

The New Deal Dbq

of Americans torn apart by the Great Depression. He created the New Deal in 1933 in an attempt to fulfill hearts and mend peoples broken dreams. The New Deal created programs, and worked to create stability in the economy, as well as increase the value of life for citizens immensely. The programs of the New Deal are remarkable for the urgency and precision they held. The Public Work Administration Project was crucial to recovery after the Great Depression because it created schools, building…

Words 872 - Pages 4

Nevada Great Depression

did the great depression affect Nevada? The great depression was a time when the US money was very low. The amount of unemployment and the number of homeless people rose dramatically. This was one of the worst times for a great depression because the Second World War. The president at the time was Herbert hoover. He would try to solve this problem but all his solutions would fail. After hoover presidency Franklin D Roosevelt would come into office and eventually solve the great depression by created…

Words 560 - Pages 3

Fdr Dbq

FDR a Great, But Flawed Leader Fatema Al Brich The United States has had many incredible leaders during its more than two hundred year history. One of the most revered is Franklin Delano Roosevelt. His image appears on our currency, buildings are named in his honor, and he is one of a handful of presidents to have a monument celebrating his life and work in Washington, DC. FDR, a Democrat, was elected to the presidency for four terms beginning in 1932. He held this prestigious office during some…

Words 893 - Pages 4