“The Great Depression affected many countries worldwide. It began with the 1929 crash of the American stock market and ended with the onset of World War II”( Great Depression). The stock market crash was one of the worst times in American history. Thousands or even millions of people went west to look for jobs to provide for their families. The 1920’s started out as beautiful as the flower, but nobody had the time to just sit back and relax to even notice the resources were not there to sustain it.
How did the Great Depression affect the American society and why did it take place? The Great Depression was a long-lasting downfall for the economy that started in 1929 and ended in 1941, lasting more than a decade. It affected the American society by bringing unemployment, starvation, and millions of humans who were deprived. The Great Depression started near after the fall of the stock market on October 24, 1929 which caused thousands and thousands to panic and obliterated many investors. Before the stock market crash, it was the Roaring Twenties.
The great depression had a negative impact on the lives of Americans. The great depression effected people all through out the nation, it was a global event. Many lives were greatly negatively affected. First off the great depression left many people homeless with no money or food. Family roles changed men struggled to find jobs.
Revolutions streaked across the globe as people became disillusioned towards the government. The Great Depression created a desolation upon the world, and required a tabula rasa to engender change. In other words, the Great Depression, conceived by economical and political issues, caused the world to enter an abyss filled with economic hardships, and only concluded
The Great Depression was an economical crash in 1929 that devastated everything from family life, agriculture and business (https://en.wikipedia.org/wiki/Great Depression). It ruined thousands of lives and decimated millions of others. The Great Depression was the longest and worst economic depression in the United States’ history. When the Great Depression struck millions were affected by it. When it came to family life, to say they struggled is an understatement.
The Great Depression (1929-39) was the deepest and longest-lasting economic recession in the history of the Western industrialized world. Beginning on Black Tuesday, October 29, 1929, when the value of the New York stock market fell dramatically, and ending in 1939, the Great Depression was a time when Canadians suffered extraordinary levels of poverty due to unemployment. The unemployment rate was approximately 30 per cent and one in five Canadians depended on government relief for survival. The underlying causes of the depression are dependence on the export natural recourses which made farmers overconfident which meant that they borrowed money to buy more farm land and this put them in debt, buying on
1930’s The Great Depression The Great Depression was the largest economic depression of the 20th century, and is commonly used today as a measure of how far the world’s economy can decline. The depression started in the U.S in 1929 with the Wall Street stock market crash (known as Black Tuesday). This eventually spread globally and affected the economy of many other nations throughout the 1930s. Canada was greatly affected by this as Canadian industrial production fell to 58%, the second lowest level after the United States. By 1933 the unemployment level in Canada reached 27% at the depth of the Depression.
The Great DepressionTopic: the great depressionQuestion: How did the great depression affect americans?Thesis statement:The great depression affected americans because it destroyed their economy. Millions of families lost theirs savings as many banks collapsed in the 1930’s.The Great Depression was the worst economic drop of all times in the industrial world1. The Great Depression began because of a stock market crash in 1929 and came to end ten years later in 1939, around 15 million americans were unemployed and about half of the American banks failed. It was one of the darkest era in the United States.When the stock market underwent rapid expansion, the production had been declined and unemployment had risen, leaving the stock prices higher
In Canada the leading aspect of poverty is low income. The lack of income causes people to have poor judgment, for instance, alcoholism, homelessness, drugs, dropping out of school, and refusing to work. The poverty rate appears higher in immigrants, aboriginals and people with disabilities. Over 50% of poor Canadians rely on food banks and social assistance. Most Canadians in poverty are caused by personal issues; the loss of health and the loss of spouse or family member.
In 1929, the U.S. was hit with the worst economic crisis in the history of the country, the Great Depression. The Great Depression left millions of people unemployed and cost millions their life's savings. The Depression lasted for ten long years for the American people. Since the Great Depression ended, people have studied it, trying to figure out what happened that started it all. The problem was, in fact, the poor economic habits of the people at the time, such as speculation, income maldistribution, and overproduction.