Shelby Shanks
History 1302
God Blessed America?
On October 29, 1929, also known as “Black Tuesday”, was a day in history no one will ever forget. It was the day the stock market crashed.
Folk singer Woody Guthrie experienced the great depression first hand. His family went from middle class to dire poverty in the 1920’s and 1930’s. He wrote this song after traveling the world and witnessing the awful effects of the Great Depression. Originally called “God Bless America” this song was a response to Irving Berlin’s song also called “God Bless America”, he believed that this song was unrealistic and smug. The tone of this song one could say is very sarcastic, because if god really did bless America things like the great depression would not be happening. For example, at the end of his song when he, “saw my people, As they stood hungry, I stood there wondering if [God blessed America for me.]”
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The Great depression was known as the greatest economic disaster in modern history. The world during this time was crashing just like the stock market. People were starving; In Give Me Liberty, Eric Foner explains, “In Detroit, 4,000 children stood in bread lines each day seeking food.” If starving was not bad enough, most people were evicted from their homes. They were forced to live in ramshackle shantytowns, also called Hoovervilles (after President Hoover), which arose in abandoned parks and
The Great Depression was a time of economic problems for many Americans. During the Great Depression, because of the lack of money, many men would stand outside of soup kitchens in long lines just to get a little bit of food, as seen
The Great Depression was a major effect on the economy, and it affected the supply and demand of the United States. Before the Great Depression hit, people were building a large amount of things,and once the Great Depression hit people had all of the supplies with nobody to buy them. Businesses went out of business, and people lost their jobs because their employer could no longer afford to pay them. Some homeless people, known as ‘hobos’, would gather together and make homes of whatever scraps they could find. Soon, so many people lost their houses and were resorted to living in “Hoovervilles”, Hoovervilles were a interpretation of regular towns, that were just made of scraps that they were able to find. The prices for farm grown food were low, so the farmers thought if they planted more food that they would make their money back. Doing that only made the prices drop even more due to farmers having such a large supply, and not enough
The Stock Market Crash occurred on October 29th, 1929. Wall Street got struck on Black Tuesday when, on the New York Stock Exchange, investors traded 16 million dollars worth of shares in one single day. Billions of dollars were cut, destroying the investments of thousands of investors. After the event of Black Tuesday, America’s industrial world spiraled downwards into the Great Depression. This was the most powerful and extended economic breakdown in the history of the Western Industrial world up till then.
After the 1920’s it seemed as if America was on cloud nine, when really a catastrophe was about to happen that they didn’t even think would come. The Stock Market crashed on October 29, 1929 a day also known as Black Tuesday. President Hoover at the time believed that the Laissez Faire policy was the right choice meaning that he thought that the market would get back together or fix itself without the government intervening.
The great depression kept going on. Millions of Americans were homeless and jobless. Soup kitchens were popping up everywhere there were people. The people started to turn to the government for help. But America's 31st president, Herbert Hoover, didn't think so. While many people believed that relying on the government was the answer, Hoover thought that self-reliance and relying on each other would relieve them of this economic crisis, not government intervention. And as the people kept prying, Hoover kept refusing. Desperate for a place to call home, and knowing that the government wasn't going to do anything to help, Americans and their families started building shantytowns in cities and in different places around them. They soon became
The Wall Street crash ( know as Black Tuesday ) was a massive stock market crash that occurred in October of 1929. This crash cause widespread economic disaster that spread
The Great Depression, started in 1929, shantytowns showed up over the U.S. as jobless individuals were expelled from their homes. Urgent for protection, residents constructed these shantytowns in and around urban communities. These towns were called Hoovervilles, after president-Herbert Hoover. Hoovervilles were close to waterways for a water source. Some were laced with farms, and some families managed to bring furniture from their previous home. Nevertheless , Hoovervilles were commonly troubling and unsanitary. In spite of the fact that a typical factor among Hoovervilles was joblessness, tenants took any work that was accessible, normally backbreaking, sporadic jobs like harvesting or pressing.
The Stock Market Crash that occurred on October 29, 1929, known as Black Tuesday is often viewed as a major
Billions of dollars were lost which put many into a panic and eliminated thousands of investors. On October 29th, what is known as Black Tuesday, stocks completely collapsed and $30 billion had disappeared. An enormous count of nervous people lined up to withdraw their deposits in cash leading to bank failures across the country. Stock prices dropped twenty percent of their value and continued to fall until late 1932.
Surviving the depression was very difficult. No one had money, no one had homes. People live in places called Hoovervilles. A Hooverville was a shanty town built during the Great Depression by the homeless. Hoovervilles were named after Herbert Hoover, the president during the Great Depression and who was widely blamed for the depression (Dawes). Hoovervilles were raided, ordered by park departments or other authorities, and the men who carried out the raids often expressed regret and guilt for their actions, but more often than not, Hoovervilles
People who lived through the great depression had a rough time. Families had little food or money. It didn't rain for months. Public people were hopeful through the whole thing it would rain. The coal mines shut down, therefore, nobody had jobs. It also was a drought during the great depression. The only money that anyone would get was when fathers would cut hair for the boys in the neighborhood.
People during the Great Depression faced numerous difficulties.There were diverse cases of family violence.Former billionaires stood on street corners trying to sell apples ("Great Depression"). Hundreds of pitiful towns-called Hoovervilles- sprang up all over the country to shelter homeless("The Impact of the Great Depression"). They slept under "Hoover blankets" and waited in bread lines in every city("Great Depression"). Due to the circumstances, more than 20,000 Americans committed suicide("The Great Depression"). As a result, americans faced many difficulties, but discrimination was more
The crash of the stock market in 1929 was also known as the “Black Thursday”, which started on Thursday, October 24, 1929. Many people predicted that there would be a time of confidence and optimistic view of the country as the future looked promising. People nowadays remember the 1920s as the Roaring Twenties, New Era, Prosperity Decade, or Jazz Age. Although they are all an appropriate title for the time period, many also forget that this time period was when it gradually built the tension of the crash of the stock market.
The 1929 stock market crash changed the course of history, as the country was plunged into darkness. During the 1930s and beyond the United States and Wall Street would try to rebuild. In many ways just that would occur, but as the decades passed, another dark day would loom on the horizon. It has been dubbed “Black Monday” and it is a day that no one who lived through it will ever forget. On October 19th, 1987 the Dow Jones Index would fall by a record setting 508 pints. Billions upon billions would be lost in a matter of hours. Since those days the ship has largely been steadied, despite a few blips such as the 2008 economic crisis.
During the Great Depression people found it extremely hard to get by even through the day. Many of them lost their previous jobs and subsequently were forced onto the streets as to find a new working place during this time period was close to impossible. Hunger run rampant. Millions of people barely could afford to feed themselves and their families. In every