Causes Of The Great Depression

Improved Essays
What does great depression mean people who live in street, people out of work getting fire, and many people don't have nothing to eat. During the great depression many people of work all unite start many of them unemployed people to get on roads to travel to town to city to state to hoping that they'll find a job. They want a job to get money or even so they can feed their family, baby or even just them. Not so many people have cars almost all of them have to hitchhiked or rode the rails. This was in October 29, 1929.

How was the great depression was an economic slump in North America, Europe and other industrialized areas of the world. It began in 1929 and it lasted until about 1939. This was the longest and most sever depression

Related Documents

  • Great Essays

    The Great Depression, which lasted from 1929 up until 1941, defines the time period when there was a financial and industrial collapse in America, causing unemployment rates to skyrocket, as well as the amount of homeless people. Caused by the constant speculation and buying on margin that took place so frequently in the stock market, the Great Depression left America in just that state of mind: depressed. Republican Herbert Hoover was elected president of the United States in 1928 after a race against democrat Al Smith. Hoover believed in three concepts that would contribute to the initiation of the Great Depression: rugged individualism, the belief that citizens should not rely on the government but themselves in order to create a well-lived…

    • 1536 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    The Great Depression didn 't affect only the United States, it had worldwide implications that stemmed from it. It occurred in the late 1920s and lasted throughout the end of World War II. In 1932, one out of every four Americans was unemployed; in larger cities nearly half of the adults were out of work.(TS p.858) This economic turmoil caused food insecurity and massive job losses as people soured the country for work and stood in breadlines. These hard times put our nation at ends with political and economic issues, aggravating the effects of the Depression.…

    • 837 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    The Great Depression, spanning from 1929-1939, was a period of great turmoil in the United States. A depression is a sustained, long term period in which the economy is failing. The Great Depression was caused by the collapse of the Stock Market and the failure of the Banks. The reason why the crash of the Stock Market was so impactful to our economy was because of the speculative nature of the Market. Many people bought stocks on margin, which meant that they only paid 10% for the stock while loaning the rest from the bank.…

    • 1192 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    The 1920s in America was known as “The Roaring Twenties” due to the seemingly prosperous economy. Employment rates were high and the manufacturing of consumer goods such as cars and electrical appliances rushed out of factories. However underneath the surface, many factors took place that weakened the structure of the economy and led to the New York Stock Exchange crashing on October 29, 1929. This signaled the beginning of The Great Depression; a time period in which a severe economic recession occurred. Many people lost their jobs and all the money they had; as a result, poverty was a common factor.…

    • 1662 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Imagine losing everything you have ever worked for, being left with no home, no job, or money. This was the outcome of the ugly reality for the people of the United States during the 1930s. It was a rough time for Americans as the nation entered the era of the great depression. The great depression was a result of many things; one of which includes the decline in farm prices during the nineteen twenties. American farms expanded greatly during the First World War to provide foods for all those soldiers.…

    • 1406 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    Unfortunately in 1929 the country was going through a catastrophic event, the stock market crash. Resulting in the Great Depression in the early 1930's. Due to the loss of jobs and drop of economy, families spending habits drastically changed, bringing many families closer together. Families became creative and turned their leisure time into outdoor fun. Such events as camping and picnics became popular and a great source of relaxation.…

    • 133 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    The Great Depression was a time of great economic hardship in the United States. Many people were jobless, hungry, homeless, and broke during The Great Depression. Many experts believed that the Stock Market Crash of October 1929 was one of the major reasons why The Great Depression began, but there are many more causes that lead to The Great Depression. Some of these causes include consumer borrowing, bank failures, and cuts in production.…

    • 569 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Great Depression was a grim and distressing time for America in the 1930’s a time of poverty and loneliness. There were many causes of it, but it can be pinpointed to just a few. The stock market, a game of risk, winnings, but mainly losing in the end. Debt, the aftermath of the euphoria of all the so called earnings gained from the stock market. The farm crisis and Dust Bowl, the outcome that came about the innocent farmers’ from the money boom and what the farmers accidentally caused.…

    • 527 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Great Depression was one of the worst times in United States history. A lot of bad things happened during this time. It first started when the stock market crashed in 1929. It crashed because farmers overproduced crops, they thought the more crops they produced that the more money they made, and because of high tariff taxes.…

    • 245 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Abby Zolner Mr. Plaviak US History II 17 November 2015 Essay 1 The Great Depression occurred in the 1930s after the stock market crash in 1929. Unemployment skyrocketed from three million to 12.5 million in 1930. Families struggled tremendously. The economic collapse was horrifying.…

    • 519 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    The Great Depression was a demanding and difficult period of time that lasted ten years, from 1929 to 1939, due to the crash of the stock market. This resulted in the struggle to look for jobs, economic and social strains, and a heavy demand on families. Urban areas were crowded with hungry, poor citizens. While almost everyone living in the US was affected by the Depression, different groups of people had it much worse. Men were often given jobs first, therefore ultimately treated better.…

    • 735 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The roaring 20’s was time of dramatic social and economic change. There was increase in total wealth and urbanization of the rural areas of the country. However, the success of the American economy did not last more than a decade. After the WWI many countries were in heavy debt especially Germany who could not afford to pay for the war. Because of this the United States enacted the Dawes Plan in which U.S investors would give loans to Germany who will then pay off France and Britain, then they could pay the United States.…

    • 510 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Great Depression Essay The great depression started in 1929 and ended in 1939. The depression had a lot of effects on people. The people went from the roaring 20’s to a complete drop in the economy, the unemployment rate skyrocketed. The great depression was the longest lasting economic downturn in history.…

    • 581 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    The Great Depression was an economic shortfall and a time of hardship that affected America and the rest of the world. The depression began when the stock market crashed on October of 1929 and ended in 1939 when America started to plan for World War 2. Many people 's lives were ravaged and some were taken during these dark times. This event was the longest and most atrocious fiscal hindrance that America has ever experienced. The Great Depression definitely changed the culture of America, positively and negatively.…

    • 1273 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    There was a lot of people affected by the Great Depression and the droughts. One group that possibly was the most affected by it was the farmers. The wind ruined crops. The drought also contributed to the decrease in crop production. A decrease in crop production meant that less money was being made which also lead to a lot of farmers and their families losing their homes.…

    • 135 Words
    • 1 Pages
    Decent Essays