Edwin Gay And The Great Depression

Did you know the Great Depression was the deepest and longest economic downturn in the history of the western industrialized world?The lowest point for America where the economy was at a severe downfall.The Great Depression started on October 29,1929, ended in 1939.How America was able to overcome the Great Depression was because of World War II and big government military spending that finally broke the depression’s back (Doc.5). In these hard times for America it; was able to sustain itself over the downslide of falling stock prices and when the stock market crashed.The Great depression was one the most difficult time for Americans where there were people in severe poverty and often jobless.The causes of the Great Depression was speculation,

The Great Depression was not only one of the defining moments in American history, but also one of the most difficult hardships Americans faced. During the Great Depression, which was ignited by the stock market crash of 1929, people faced unemployment, poverty, and changes in government the ultimately shaped America today. Many people believe that The Great Depression began when the stock market crashed on October 29, 1929 (“The Great Depression,” American Express). In the mid to late 1920’s the stock market grew majorly, the stock prices skyrocketed gaining interest from all kinds of people.

The Great Depression The Great Depression was by far one of the worst times of America’s history, and the world’s history. The Depression affected everyone except for the politicians and the wealthy. During the depression a lot of people lost their jobs which caused the unemployment rate to sky rocket to 14% of America’s population was unemployed, and the number would stay their till World War 2, and the depression started in the 1920’s. Middle class workers were hit the hardest in the depression. Most of the middle class citizens lost their jobs.

Great Depression The Great Depression was from October 29, 1929 – 1939 was long and hard. Everybody lost their money home and food belongings. You either had to sleep under a bridge or in a box car. And, to make money people would cut kids hair for just 10 cents each or paint an entire house for 20cents. When people became homeless.

When a person hears the word “The Great Depression,” almost everyone thinks the worst economic times in the United States. The Great Depression started in the late 1920’s and continued till the early 1930’s. It was the most worldwide economic down spiral in history. It remains the most important economic event in America history still today. This tragic event caused hardship for millions of people and the failure for many businesses, banks, and farmers.

Imagine it's October 28, 1929, living a lavish lifestyle, owning a mansion, sailing on a 100 foot yacht every weekend, and having what seems like unlimited money that can be spent on anything at anytime. Then, all of a sudden, October 29, 1929 comes. The stock market crashes, banks are closing everywhere, and personal possessions are being foreclosed upon. The greatest economic downfall in the history of the United States has just began. This would become known as the Great Depression, which suited the time period between 1929 and 1941 perfectly.

The Great Depression was the worst economic downturn in the history of the world. It began in the United States when the stock market crashed in October 1929. Everybody was sent into a panic and millions of investors were wiped out. Unemployment levels began to rise after consumer spending and investment dropped, while stock prices continued to increase. Companies started to lay off their workers, and soon nearly thirteen to fifteen million people in America were without jobs.

The Great Depression occurred in the early 20th Century due to the crash of the stock market. The Great Depression caused many problems in the United States and it was also one of the longest lasting economic problem. The Stock Market Crashed in October of 1929. The stock market crashing was one thing but along with that they also had many more problems that dragged along with it.

The Great Depression was a dark time in history where 13 million workers were jobless and companies were suffering. The Great Depression occurred in the 1930’s. Stock markets crashed, companies went out of business, and people were unemployed and poor. The president at the time, Herbert Hoover, was unsuccessful in his ability to stop the Great Depression which made lots of people head towards the president after him, Franklin Delano Roosevelt (FDR). FDR was successful and the Great Depression ended in 1939.

Beginning in 1929 a worldwide economic downturn the Great Depression began. It was the longest depression ever experienced lasting until about 1939. The Depression started in the United States, however because of the drastic declines in productivity, unemployment, and deflation the Great Depression was felt in almost every country around the world. Only the Civil War ranks ahead of the Great Depression as the gravest crisis in the history of the United States of America.

he Great Depression was a time of huge economic downfall. During this time period people lost their homes, money, and everything they had ever earned. Millions of people were affected, including the middle and lower classes, who would just become poorer. People in upper classes, even dropped to the lower class. This downfall began on October 29, 1929, and the leading cause was the crash of the stock market.

Nishat kazi (Muniya) 11th grade The Great Depression was one of the worst downturn of economy in the history that took place during the 1930s. It had a catastrophic effect in countries on both rich and poor. Though there are a lot of causes behind the Great Depression,the main three causes were-1.Bank failure 2.Stock market crash 3.laissez faire.

The Great Depression was the deepest and long-last economic downturn of the Western industrialized world that started when the stock market crashed in October 1929. That stock market crash led to consumers spending and investments

The Great Depression was a worldwide economic downturn that began in 1929 and went on to 1939. This was the longest and worst depression experienced by the western world which caused fundamental changes in economic institutions, macroeconomic policy, and economic theory. It originated in the United States but the Great Depression caused rises in unemployment rates, declines in output, and deflation in almost every country. The timing and harshness of the Great Depression was different for every country, some were more affected than others

The Great Depression was the worst economic downturn in the history, which lasted from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Spending began to drop, and it caused declines in employment and some companies began to lay off workers. By 1933, the Great Depression reached its lowest point and millions of Americans were unemployed. The 1920s consisted of dramatic social and political change.