GREAT DEPRESSION 2 Essay

Submitted By shrlahanley

Words: 418

Pages: 2

Open Document

Sharla Hanley

The Great Depression The Great Depression, an immense tragedy that placed millions of Americans out of work, the great depression in general, as a whole is one that was put on the map in the great United States. I believe that the great depression is now what they called the recession not as worst or bad, but it is the beginning. The great depression is one that will go down in the history books. The great depression didn’t happen only in America but all over the world too. After nearly a decade of optimism and prosperity, the United States was thrown into despair on Black Tuesday, October 29, 1929, the day the stock market crashed and the official beginning of the Great Depression. Not only were people out of work, but even Hollywood was put to the test, of not having enough money to pay the actresses like Scarlett O’ hara.
And yet, the Stock Market Crash was just the beginning. Since many banks had also invested large portions of their clients' savings in the stock market, these banks were forced to close when the stock market crashed. Seeing a few banks close caused another panic across the country. Afraid they would lose their own savings, people rushed to banks that were still open to withdraw their money (The great depression: a short story)
To many at that time, President Roosevelt was a hero. They believed that he cared deeply for the common man and that he was doing his best to end the Great Depression. Looking back, however, it is

Assignment 2: Progressive Era Through The Great Depression

ssignment 2: “Progressive Era through the Great Depression” Must be in zip format! Write a four to five (4-5) page paper on the period from the Progressive Era through the Great Depression. Your paper should cover the following: 1.Identify at least (2) two major historical turning points in the period under discussion. 2.Analyze the impact of the two (2) or more major historical turning points selected on America’s current society, economy, politics, and culture…

Words 417 - Pages 2

Graham: Great Depression and 3 - 3 Pg Essay

The Great Depression The Great Depression started prior to FDR. The Great Depression was a worldwide economic downturn starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries. It was the largest and most important economic depression in the 20th century and is used in the 21st century as an example of how far the world’s economy can fall. The Great Depression originated in the United States; historians most often use as a starting date…

Words 829 - Pages 4

Great Depression Essay

The Great Depression1 The Great Depression: The World's Farthest Economic Decline Anthony Canuto US History 2 The Great Depression2 The Great Depression: The World's Farthest Economic Decline The Great Depression originated in America and spread to all nations when the stock market crashed in 1929, following World War II. It lasted until the early 1940's, about 12 years. On September 2, 1929, stock prices began to drop greatly, and on October 9,1929, the Wall Street Crash of 1929…

Words 1070 - Pages 5

How Did Ww2 Affect The Economy

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 affected the country negatively;…

Words 543 - Pages 3

Comparing The Stock Market Crash Of 1929 And The Great Depression

The Stock Market Crash of 1929 and the Great depression had a major impact on Economic prosperity for blacks and whites in America. Black Tuesday was the day the stock market crashed and officially set off the Depression (1). The stock market crashed because “stocks were undervalued” and stock prices fell( McGrattan). The stock market had crashed before in 1907 in New York City, but not to the extent of the 1929 Crash ( Tallman). The stock market crash couldn’t have been prevented because the bubble…

Words 408 - Pages 2

Great Depression research essay

(5) 14 April 2014 To Kill a Mockingbird Research Project The Great Depression was the monumental catastrophe during the decade preceding World War II that left millions of people worldwide impoverished and hungry due to a massive economic downturn. The South was especially hit hard because of their reliance on cash-crop agriculture and viable farmland. As a result of this of this, the overall quality of life during the Great Depression in the South heavily decreased due to the low agricultural production…

Words 846 - Pages 4

How Did The Treaty Of Versailles Dbq

emerged the Treaty of Versailles. France and Britain were enraged with the losses they had suffered and demanded justice, so they chose Germany as a scapegoat. Germany struggled under the Treaty of Versailles, the effects of World War I, and the Great Depression. Many historians have argued that the Treaty of Versailles was the fundamental moment that caused World War II because of…

Words 904 - Pages 4

The Great Depression

part 2 July 25, 2013 The Great Depression The Great Depression was a big tragedy that left a lot of Americans out of work and hungry. It affected many people’s lives and a lot of people suffered and even died. The depression lasted roughly 12 years. Many believe that the Federal Reserve Board had many failed policies. They caused a shrinking of the money supply that made economic conditions worse. The stock market crash on October 29, 1929 signified the beginning of the depression and lasted…

Words 867 - Pages 4

The 20's: The Cause Of The Great Depression

people’s lives, it the age of great parties, Jazz, and speakeasies. Most people lived their lives with a party around every bend, they would invest in stocks, and try to out due their neighbors by spending money on credit cards, to have the nicest and newest things known to man. However there came a time, when the lush and eccentric life of the 20’s ended and the beginning of the 30’s didn’t start off with new beginnings; It happened on October 29, 1929, the Great Depression happened. Economic troubles…

Words 845 - Pages 4

Great Depression Causes

would soon change. Farmers were going into debt, and as a result started to grow more crops than they could sell. At the end of the 20’s, things would take a major turn. America would enter the Great Depression, the longest period of economic recession America had ever seen. The causes of the Great Depression were speculation and installment buying, income…

Words 907 - Pages 4