How Did The Great Depression Change America

     The Great Depression was a huge economic downfall in North America and involved many other industrialized countries of the world. The Depression began in 1929 and lasted for about ten years. Millions of people lost their jobs along with many businesses going bankrupt. The common misconception of the Great Depression is people think that the stock market crash was the main cause for it. There were many causes for the Depression; unequal distribution of money during the 1920’s was the main cause of the Depression. This unequal distribution happened on many different classes of people. The imbalance of money is what created such an unstable economy. The stock market was doing much worse than people thought

The uneven distribution of income, stock market speculation, overproduction of goods, a weak farm economy, and extreme laissez-faire government policies caused the Great Depression to occur. The Great Depression was a severe global economic crash that affected many countries from 1929 to 1939. So what really caused the Great Depression? Although there were several factors that all came together to cause the Great Depression, the three main culprits were the stock markets' crash, the uneven distribution of funds, and the overproduction of goods.

In 1929, the stock market crashed, and afterward the Great Depression began in the United States. The stock market was not the only cause of the Great Depression, there were social, political, and economic factors throughout the 1920s that were responsible for the economic downfall. According to Eric Foner, author of Give Me Liberty: An American History, the 1920s was the beginning of American consumerism, which is a social factor that led up to the Great Depression (783). Foner comments, “consumer goods of all kinds proliferated” (783).

The Great Depression, which lasted from 1929 to 1939, was the worst economic depression in the history of the United States. The stock market crash of 1929 signaled the start of the downturn and the coming of the Great Depression. This speculation and stock market crash acted as a trigger point for the already unstable U.S. economy. Thousands of people went bankrupt because they had lost their working capital in the stock market crash. Thus, the rich stopped spending on luxury items; the middle class stopped buying things on credit.

Causes of the Great Depression essentially derived from the stock market crash collapsing. The Great Depression commenced because of the stock market crash. The crash of the stock market began as investors started “selling overpriced shares” (“The Great Depression”). A total of 28.9 million shares were sold during the times known as “‘Black Thursday’” and “‘Black Tuesday’.” Consequently, the millions of shares sold became worthless, and the investors who bought stock with loans were erased completely (“The Great Depression”).

The Great Depression was a dreadful worldwide economic depression that occurred in the 1930s and it was the most profound and longest depression in the American History, which lasted from 1929-1939. Although the Great Depression began soon after the crash of the stock market in October 1929, it is too straightforward to say that that was the major cause of the Great Depression. This crash did not by itself cause the Great Depression. Even before the year 1929, signs of economic trouble had become evident. (Give Me Liberty! An American History, 5TH Edition, Eric Foner, Pg 811).

The 1930s was a decade in the history of the United States marked by a great deal of suffering of the general public. A failing economy, an anthropogenically-induced disaster in the Midwest and persecution of colored people resulted in a total meltdown of American society. Meanwhile, ordinary people sought escape from this cycle of depression through entertainment such as radio, film and music.

The Great Depression was the result of life during the Roaring Twenties. People heavily valued materialism and hedonism which in-turn made many people try to find a way to gain a large amount of money in a short period of time. As more and more people were intoxicated with greed and selfishness, they became more careless through their actions and made many mistakes. These mistakes led to the

The Great Depression was an economic collapse that began in 1929 and ended in 1938. During the Depression most citizens went through hardship .Three main causes of the Great Depression were the stock market crash of 1929, the Dust Bowl, and Bank failures.

How the Great Depression Affected America After the Stock Market Crash of 1929, America fell into the Great Depression. The 1930’s were characterized by a completely broken business cycle. Unemployment soared, but besides their jobs, people lost their life savings, their material belongings, and in some cases, their dignity and will to live. Bread and soup lines became the norm, and eventually the chaos led a group of World War I veterans, dubbed the Bonus Army, to march on Washington. Thus the events of the Great Depression had a profound effect on American society and government.

During the highest intensity of the Great Depression, nearly 15 million Americans were unemployed (“The Great Depression.” History.com). The Great Depression was an economic downturn that began with the stock market crash in 1929, affected various types of Americans, and ended with the help of projects created by the New Deal.

The Great Depression started in 1929- 1939, it was the deepest and longest - lasting economic downturn when a stock market crashed. Many people have lost their jobs and they couldn’t afford bills. Birth rates dropped because people could not afford to care for children, and divorce rates dropped because people could not afford legal fees. The Great Depression caused many effects on the American people.

Many people think that the Great Depression was caused solely by the stock market crash. Anybody who tells you this probably didn’t pass U.S. History in high school. The fact is, the Great Depression was caused many different factors. Four of which were overproduction, uneven distribution of wealth, protective tariffs, and the four “sick industries” of the 1920’s.

A principal cause of the Great Depression is the Black Tuesday or stock market crash of 1929, which was the trade of stocks that caused a decrease of the stock price and the loss of billions of dollars over two days. In 1932, Franklin Delano Roosevelt’s campaign offered Americans a New Deal that consisted of an intervention to align the economy caused by the Great Depression lead him to be the president of the United States.

There are many various causes of the Great Depression but historians believe the greatest contributor was the stock market crash of 1929 . On Black Tuesday October 29 stockholders lost more than 40 billion dollars , everyone panicked and sold their shares all at once leading to a massive collapse. This affected everyone all around the world. With the stock market crashing, people feared further economic woes so they stopped purchasing goods. As you could predict the reduction in items produced led to a reduction in the workforce