Great Depression Dbq

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

The Great Depression was a severe economic downfall throughout America that lasted from 1929 to 1940 (Document A, Depression DBQ). There were a lot of problems that the American citizens faced during the Great Depression. One of the more significant problems would have to be the loss of employment. The high unemployment rates not only meant people didn’t have jobs anymore, they also meant wage cuts for those still with jobs, families not being able to afford necessary items, and prices going down

source of the Great Depression. The stock market accident was not the sole reason for the Great Depression, but rather it acted to quicken the worldwide economic breakdown of which it was additionally a symptom. Numerous components prompted the Depression. One of which being bank failures, another the global downturn, and dry season conditions. The stock market crash of 1929, additionally called the Great Crash, was a sharp decrease in U.S. stock exchange values in 1929 that added to the Great Depression

Historians argue what caused the Great Depression, some say it was due to the stock market, others say it may be the war debt or overproduction. To believe the Great Depression was caused by only one event is naive. It was caused by a multitude of problems that the government failed to fix. The Great Depression of the 1930’s was caused by many problems. They include overproduction, monetary policy, war debt, tariffs, the stock market crash, and unequal distribution of wealth. These each play a specific

themselves to their economic demise. In America, the Great Depression occurred during the 1930s after the crash of the stock market. “The Roaring Twenties”, which occurred before the Great Depression, was a time when the assembly line created more jobs and money to be used. This new economic prosperity, brought about the stock market, in which hundreds of Americans put in their money in hopes of their company making profits.The Great Depression was caused by stockholders using more money then they

leading to the stock market crash the following October. This, combined with rising personal debt triggered the Great Depression, the worst economic collapse since the onset of industrialization. The ensuing effect was collapse of banks, closure of businesses and a quarter of the employed Americans lost their jobs. Further, families became homeless and some resorted to camping out on the Great Lawn in New York City, which was an empty reservoir then. Others, built shanties which were commonly referred

Contrary to popular belief, the Great Depression went beyond the shore of the United States and had a major impact on multiple countries. All countries involved in trade with the United States were greatly affected- one of these being Germany. When our stock market crashed, the production of various products were put to an abrupt hault. Without the necessary money and supplies to manufacture products, there was no way to do so. Then, this resulted in the loss of jobs by many factory workers bringing

After the devastation of WW 1, the United States and major European countries became wealthier and saw greater prosperity, but because of their actions during that time they fell into what is now known as The Great Depression. After the war industrialization was everybody's best friend. Cars became better, Cities were filled, women gained the right to vote and business and manufacturing industries expanded. From 1920 to 1929 the people in these countries lived in an industrialized era, were they

hardship and despair in Canada. It was truly a terrible time, as the economy crashed, many people lost their jobs, and poverty rates skyrocketed. Many people couldn’t afford basic needs like food water, and shelter. There were many causes to the Great Depression. Some of the major causes were overproduction in factories, tariffs, debt from WW1, and the stock market crash. When the economy slowed down, many factories faced overproduction. At first, the manufacturers lowered prices and stockpiled goods

laissez faire government policies caused the Great Depression to occur. President Herbert Hoover initially thought of the stock market crash as a passing recession, but his laissez faire approach only heightened the negative effects of the Great Depression. He believed that it was the job of state and local governments, not the federal government, to aid in public relief. However, Hoover’s “lame duck” approach proved his powerless efforts to stem the depression. Once Franklin D. Roosevelt was elected

The Great Depression went from 1929 to 1939. It was a very long and difficult time. Everybody was affected. It was a long and difficult time where everybody was affected. Nobody had jobs so kids didn’t have the money to go to school. During the Depression, society did without anything that they really didn’t need, to save money. Many, would go without gasoline, a water bill, sewer bill, telephone bill and no bank account. They would go without toothpaste and instead use something like baking soda

The period of Great Depression 1929-1939 was very crucial, worst economic recession period in the history of industrialized world. October 24, 1929 was a day verifiably known as "Black Thursday", the United States securities exchange slammed because of financial specialists in the market beginning to "auction their offers, which brought about a decrease in stock costs” (Richard H. Pells, 2006; Christina D. Romer, 2008). This economic recession led to different consequences that caused lots of problems

The Great Depression of the 1930s. This disaster was birthed instantaneously after America’s downward spiral from the Roaring Twenties. During the Roaring Twenties, people lived in a delirious state of prosperity, glamour and mass entertainment, unable to foresee the strife ahead. Once the Depression hit America, it lasted ten years straight. Within those ten years, the crash devastated lives, destroyed jobs and tore the economy apart. No one was spared from the economic collapse that America was

less valuable which was a reason the stock market crashed in the first place. The Stock Market crash of 1929, the overproduction of goods and unemployment was the cause of the great depression.Unemployment caused the great depression. The U.S. Unemployment chart in document 4 shows that leading to the Great Depression unemployment rates were rising and during Hoover's term they were at a all time high. According to document 4 in 1933 at the end of Hoover's term both Civilian labor force including

Lasting from 1929 to 1939, the Great Depression made the industrialized world take the most strenuous economic hit and affected all aspects of society. Life before the Great Depression was wonderful and a time where people would of never imagined what they were getting into next. It was the the 1920s, also called “The Roaring 20s” as America at that time was a culture of Consumerism, modern mass-production and a high standard of living. However, On October 24, 1929, traders put in 12.9 million shares