Uncertainty in the Great Depression
The Great Depression is associated with many images and ideas: stock brokers frantically selling, families waiting in bread lines, Franklin Roosevelt’s presidency, people hunting for any source of income, and many others. Obviously, the Depression meant different things to different people, and it is difficult to generalize about their experiences. However, there are some experiences that almost everyone who lived through the depression shared. Perhaps the most widely-experienced feeling among ordinary people during the Great Depression was uncertainty, including questions about economics, the definition of success, morality, and politics. Although very few Americans had experienced uncertainty of the level the Great Depression brought, ordinary people had lived with uncertainties for their whole lives. In fact, the years leading up to the Depression conditioned many people to accept some high risks and uncertainties as a part of life, even as a requirement for a life well lived. In the 1920s, books, magazines, and newspapers portrayed heroes with the traditional virtues of intelligence, self-control, generosity, and other timeless qualities. However, almost every hero started with or achieved material wealth in addition to their moral qualities. These media sources built on the tradition of the Protestant work ethic to equate economic success with a good work ethic and general morality. This gave ordinary people an extra motivation to
Many consider the Great Depression a tragedy but few actually know the ways in which it actually affected the people who lived through it. One way it affected the people of the time is the hopelessness it brought. During the early 1920's many men returned from the "Great War" jaded and angry. The same effect was seen in most people during the depression. It was this hopelessness that spawned modernist literature and thought. Another way the depression affected the everyday man was the loss of homes. Many homes were foreclosed during the depression and this left many homeless. In fact the "Okies" were people left homeless after farm foreclosures. The last way the depression affected people was the broken homes it caused. The number of father's leaving their families rose dramatically during
The Great Depression was an economic downturn in America that lasted from 1929 until about 1939, making it the longest lasting depression ever experienced by the industrialized world. The stock market crash caused a chain reaction that involved problems such as unemployment, deflation, an increase in debt, and general poverty for lower class citizens. Attempts at escaping the depression weren’t altogether successful. In fact, most of the efforts resulted in high consumer debt as well as over optimistic loans given to the public by banks and business investors. The Depression caused severe political changes in the US as well as its obvious economic failures. After three years of the depression, Herbert Hoover lost the presidential election
The Great Depression was a very influential era in American history, affecting many future generations. One of the most prevalent impacts it had on society was the extreme poverty that swept across the nation, affecting both people in cities and in the country. The main cause for this poverty was the mass loss of jobs among the middle class. Millions lost their jobs and consequently their homes. Families lived out of tents and cars in shanty towns or Hoovervilles. In these camps, many people didn’t have their basic human needs met, children and adults alike starved. They lived in clothes that were caked in dirt and tattered, too small for growing children and too cold for the frail elderly. Government relief programs attempted to help but offered little support to the now impoverished families of the millions that lost everything.
“Growing up in a time when all you worry about is if your family will be able to make it through to the next day is definitely a very scary and difficult time to live in” (Vonder Haar). My great-grandpa had this to say to my grandpa about growing up during the great depression. For many people in America from the 1930s to 1940s, life was a constant struggle. The people living in the Midwest, especially St. Louis, knew much too well how difficult it was to live through the great depression. When great-great grandpa first came to St. Louis from Germany he purchased a farm. From that point on, my family struggled to maintain the farm that would still exist today. Many people were affected by the great depression. Throughout the time period before
The Depression changed social structure in America forever. “The real story of the 1930’s is how individual families endured and survived, whether battling the despair of hunger and unemployment in the city of the fear of unending drought and forced migration in the dust bowl of the Great plains.” (Press, Petra pg 6)
Former President Calvin Coolidge said, “In other periods of depression, it has always been possible to see some things which were solid and upon which were solid and upon which you could base hope, but as I look about, I now see nothing to give ground to hope- nothing of man” and to some extent it was true. Americans lost all hope in life entering a deep dark tunnel with no light in the end. The Great Depression was not something that appeared out of thin air; it grew over time like a tumor and eventually plagued America with an excessive disease. No decade was more terrifying in the twentieth century than the 1930s. The stock market crashing, due to people buying stocks on load, the debts from WWI farmers and consumers in deep debt, and
The Great Depression was a devastating time for many Americans. From 1929 to 1932, the US experienced an economic downturn that was calamitous to the lives of many people. Millions upon millions of Americans lost everything when the stock market crashed on October 29, 1929. After exiting an era that left people living a life of luxury, the stock market crash came as a surprise. As a result of the stock market crash, many became unemployed and many families were being forced to close their businesses. Although there were many factors that contributed to the cause of the Great Depression, the three main causes were The Stock Market Crash of 1929, high unemployment, a decrease in consumer purchases due to being “stuffed with stuff” during the roaring twenties.
“At one point in the Depression, the cupboard was literally bearing of money.” What effect did the Great Depression have on the people who lived through it? The jobs they had, how they had to use their money, and the help they had to get.
The Great Depression had a huge impact on society and many economic causes to go along with it. But, what mattered the most was how they got through it. Upton Sinclair once stated, “The remedy [the Great Depression] is to give the workers access to the means of production, and let them produce for themselves, not for others… the American Way.”
The 1920’s were a swinging party of an era. People learned what having a good time and living the American dream truly meant when they began partying all night, seeing movies, placing imaginary money into a new system called “credit”, and ignoring the impending doom that sat on the horizon. On October 29, 1929, tragedy struck America; the newly founded stock market crashed, and suddenly people were trying to sell off their bad stocks to people with no money, who were being hounded by banks trying to reclaim the imaginary money that turned out to be not so imaginary after all. This date marked the start of the era known as the Great Depression. The Depression would control the 30’s, leaving some on the lower levels of society struggling to survive,
Not everyone is living the American dream. It consists of owning a car, house, having a stable income for a family, and the ability to have leisure time. Through a series of economic downturns, the world has experienced financial instability that has greatly affected the population; notably the Great Depression during the late 1920s. Hit after hit, money becomes an issue and plays a key role in developing a person’s character through financial hardships. Horace’s quote, “Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant,” is very much true and can be demonstrated in society and by well-known personalities.
American life prior to World War II may have not been the best from 1931-1939. Already in the Great Depression that started in 1929 people were left very discouraged and hopeless. In 1932 the economy was the worst it had ever been, it had hit rock bottom (p. 850). Many had lost their jobs and over 11 million Americans could not find work (p. 850). America was at its worst and people were hungry, suicide rates had risen and people were having less children than ever before. People’s reaction to the
The 1920s seemed to promise a future of a new and wonderful way of life for America and its citizens . Modern science, evolving cultural norms, industrialization, and even jazz music heralded exciting opportunities and a future that only pointed up toward a better life. However, cracks in the facade started to show, and beginning with the stock market crash of 1929 the wealth of the country, and with it the hopes and expectations of its people, began to slip away. The Great Depression left a quarter of the population unemployed and much of the rest destitute and uncertain of what the future held. Wealth vanished, people took their money out of banks, and plans were put on hold. The most significant way in which the Great Depression affected Americans’ everyday lives was through poverty because it tore relationships apart and damaged the spirit of society while unexpectedly bringing families together in unity.
Don Nardo, a renowned writer and historian, has written many books about American history. He is also the book editor of this publication. This book is compiled with various essays written by scholars regarding the Great Depression. Each essay relates to the next, and the book as a whole therefore aims to inform the reader of This source is valuable because it includes many accounts and viewpoints of several individuals, therefore the reader can see where the writer of the essay is basing their opinions on. One limitation is that since there are so many different viewpoints presented in this book, it may confuse the reader when it comes to searching for a definite answer.
The Great Depression is a defining moment in time for not only American, but world history. This was a time that caused political, economical, and social unrest. Not only did the Great Depression cause a world wide panic, it also caused a world wide crisis unlike any before it. This paper will analyze both the causes and the effects of the Great Depression in the United States of America.