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.
In Document 1, teenager Helen Farmer discusses how the National Youth Administration allowed her to work. The New Deal program gave young people a chance to get jobs and earn money for their families. The less money parents have to spend on their children, the more they are able to financially recover, along with the rest of the country. In Document 5, the percentages of unemployed Americans during Roosevelt’s term is displayed. The graphs show that throughout his term and during the New Deal, unemployment decreased every year.
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.
When Roosevelt came into office he had different ideas, his New Deal began to help farmers in many aspects, including helping them refinance their homes and providing loans. ("Dust Bowl 1931-1939" 3). Government relief efforts during the 1930’s were extremely important to the survival of the economy and agricultural industry, because it was a way to keep America alive. These relief efforts gave the farmers a leg to stand on, and s protection from the banks and larger farms. Among the few positive changes in the 1930s, the change in the role of woman was the most evident.
The Great Depression was a devastating period in United States History, the economy collapsed, and a staggering 25% of the population was unemployed. During this time, there were large wage disparity gaps that were very prevalent, there was no middle class, you were either wealthy or you were poor. It was hard for family life to continue, parents had to take up two and three jobs to make sure their kids were staying safe, and well. Most of these jobs were odd-jobs, and were temporary with no sense of security. It was a struggle to find work, and no job was too demeaning for you to do, because you may not find work again. James J. Braddock, who is the main character in Cinderella Man, knows the struggle of the Great Depression, and how he did not take any chance for granted. A similar film, Rocky, which shows Rocky Balboa as an underperforming boxer, who gets his one shot at fame and does not squander it. The purpose of these two films were to show social class disparity. Through hard work and a bit of fortune, anyone can make it in the United States, as portrayed in these films. The use of lighting, camera angles, and sounds allowed for the accurate portrayal of these events.
America had experienced other depressions or “panics,” but none were like the Great Depression. The Great Depression began on October 29, 1929, Black Tuesday, with the stock market crashing. Most people believe that the cause of the Great Depression was the stock market crashing. Although that is what triggered the Great Depression there were many underlying causes that lead up to the stock market crashing. Some of the underlying causes include under-consumption/over-production, uneven distribution of wealth, loose banking and corporate regulations, tariffs policies, and the stock market.
Have you ever overcame problems that you thought you never could? Well many people have also. A man named James J. Braddock and his family in the film “Cinderella Man” struggled and overcame challenges brought on by the Great Depression in the 1930’s. The Great Depression was the most darkest and long-lasting downturn in American history. And it all began after the stock market crash in October 1929. Many families suffered from economic hardships as well as emotional distress. Therefore the Braddock family overcame there challenges which are not having much to eat, not having money, and not having a place to live.
I'm the movie Cinderella Man, James Braddock starts off as a strong middle-class regular American. The economy is going well. James and his family live in a nice neighborhood. James wins fights and overall is having a pretty good life as an American. James is an excellent well known boxer. James Braddock is married to a woman named mMae and they have three kids with eacother; two bioys and one girl. Maeb knew that boxing was his life from the moment she met him. Mae unlike other relatives cannot assure herself into watching his brutal fights. Mae supports her husband because it is at that time the only profession he can do that keeps a roof over their head. Just like every other American at that time James has a tremendous life changing experience.
Relief for the unemployed, Recovery of the economy and Reform so there was not another Great Depression. FDR aimed to help the economy recover and to do this, created the New Deal. His far-reaching vision was to put American’s back to work and fix the economic collapse. It created jobs, establishing public work programs and encouraged
The wealth during the 1920s left Americans unprepared for the economic depression they would face in the 1930s. The Great Depression occurred because of overproduction by farmers and factories, consumption of goods decreased, uneven distribution of wealth, and overexpansion of credit. Hoover was president when the depression first began, and he maintained the government’s laissez-faire attitude in the economy. However, after the election of FDR in 1932, his many alphabet soup programs in his first one hundred days in office addressed the nation’s need for change.
The Great Depression was a time of hardship, businesses failed, unemployment rate sank and nothing seemed to go right, everything went left, for many especially for a man named James J. Braddock. In the movie Cinderella Man, a movie written about a family going through the Great Depression. The Braddock family have been through it all. They have gone from the top to the bottom, and back again. The journey this family faced was excruciating, and painful. Tom braddock, a.k.a the cinderella Man was on the path to becoming the most famous boxer ever seen until the Great Depression came around, he watched his dreams crumble around. Tom, and his wife and kids did their best to overcome the hard times. But, yet always believing in each other. In this essay I will take you along the journey of how the Braddock family went from being prosperous to being poor, and how they dealt with it.
If you got lucky and did not get fired the wages fell and the buying power increased. The americans that were forced to buy on credit fell into debt,and the numbers of repossessions and foreclosures increased steadily. The gold standard fixed currency exchanged around the world, and helped spread economic distress from the U.S. through the world.7When the country elected Franklin D. Roosevelt he promised he would create federal government programs to end the Great Depression.8 The federal government programs allowed people to get more jobs and help the economy increase. Roosevelt was a big influence during this time period and impacted many people, giving jobs to citizens and boosting the economy. After Franklin Roosevelt created the federal government programs it allowed the economy and society to grow and strength from the unlucky situation.
The longest and most dreadful downturn in economic history tossed millions of the hardworking people of America into poverty, for more than a decade neither the federal government or the free market were able to restore themselves from prosperity. Due to the Great Depression, an impetus was provided for President Franklin D. Roosevelt’s New Deal, this deal would forever change the relationship between the government and the American people. The New Deal was considered to be one of the most remarkable times of political reform in American history. In hindsight, it began to become easier to view the New Deal as the essential response to the Depression. However, the New Deal at the time was only one of the countless possible responses to an American capitalist system that had professedly lost its way.
In the 1930’s a group of government programs and policies were established under President Franklin D. Roosevelt, they were created with the intention to help the American people during The Great Depression. The Great Depression was a time were many banks failed, many businesses and factories went bankrupt, and millions of Americans are out of work, homeless, and hungry. Most New Deal programs gave American citizens economic relief, chances for employment and helped for the general good. The New Deal’s intention was to help Americans during these troubling times filled with economic uncertainty, and in that aspect, it was a success. After the New Deal was implemented, unemployment rates were gradually lowered.
Nationalism was further highlighted by the Tariff of 1816 - the first tariff in American history, which was instituted primarily for protection, not revenue (Borneman 261). The expansion of industrialization as a result of this enlarged middle class demonstrated America’s need to expand their self-sufficiency; because before the war, America greatly relied on foreign countries. The War of 1812 revealed the necessity for a better transportation system, economic independence, and independent markets, all of which came to fruition as a result of the