The American Great depression has been a predominant discussion point in the field of Economic History and is still considered the longest most unembellished depression ever experienced by the industrialised western world. It sent Wall Street into trepidation and whipped out the majority of American investors. The Great Depression was seen as cataclysmic period for America where there were declines in consumer demand and misguidance within governance which transmuted to an increase in financial anxieties around the state. The Great Depression left a plethora of unemployed people in the US, an approximate of 13-15 million citizens which was just more than 20% of the American population at the time. Economists had realised the paramount importance
Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as farming, mining and logging suffered the most. The Depression caused many farmers to lose their farms. At the same time, years of erosion and a drought created the “Dust Bowl” in the Midwest, where no crops could grow. Thousands of these farmers and other unemployed workers looked for work in California. Many ended up living as homeless “hobos” or in shantytowns called “Hoovervilles," named after then-President Herbert Hoover.
Banks, stores, and factories were closed and left millions of Americans jobless, homeless, and penniless. Many people came to depend on the government or charity to provide them with food. It led to a sharp decrease in world trade as each country tried to protect their own industries and products by raising tariffs on imported goods. The economy continued to fall almost every month. At first, the stock market was an important but not the dominant influence.
The Great Depression lasted for many years and brought countless people down in the mess of it all. The three main factors to the economic collapse during this period was the Stock market crash of 1929, the failure of many banks in the United States, and a severe drought. The Stock market crash of 1929, also called the Great Crash, was a sharp decline in U.S. stock market values, which was the biggest factor of economic decline during the Great Depression. Although it was not the direct cause of the Depression, it worsened it by creating factors that led to economic downfall. On October 24 of 1929, otherwise known as Black Thursday, a record 12,894,650 shares were traded.
In what ways did the Great Depression affect the American people? After a decade of economic prosperity, what seemed like an era that defined the concept of the American dream, quickly came to an end when the stock market on Wall Street collapsed in 1929. The aftermath of the events that occurred on Wall Street would put its heavy mark on the years to follow among the citizens of the United States. Banks closed down, unemployment rose and homelessness increased. It was a widespread national catastrophe that had its impacts on both poor and rich.
Companionship in Of Mice and Men It’s hard to imagine going through life without a single friend. Having at least one companion in life is essential to one 's mental well being. Simply having someone to talk to, knowing that there is at least one person in this crazy world that cares. Companions can be quite simple and can also be very complex. The characters in Steinbeck 's novel, Of Mice and Men, portray varying degrees of companionship.
In many ways, Candy’s dog plays a significant role in foreshadowing Lennie’s death and the manner of the death itself. Certainly, George has taken responsibly of killing Lennie himself after Candy tells him, “I ought to of shot that dog myself, George. I shouldn’t ought to of let no stranger shoot my dog.” Candy and his dog lead a parallel relationship to that of George and Lennie. Alike Candy’s dog, Lennie depends wholly on George to take care of him. Vice versa, Candy alike George values his old dog not because of its usefulness but as a constant companion, someone who is devoted and loyal to him.
Not only did the banks lose everyone’s deposits but natural disasters such as droughts and dust storms hit the plain states in America as well (The 1930s). Between 1929 and 1932 the National Income was cut in half, which in turn led to the working class to have to lay off all of their employees. Companies all across america laid off nearly one-fourth of their employees. Most of the families that lived off of the steel, agricultural, and unions all suffered (The 1930s: Lifestyles and social trends: Overview). After the
“There is nothing truer in this world than the love of a good dog” (Mira Grant.) In fact, almost all animals contribute plenty of constant support and care for their owners, from all around the world. Animals like these, can significantly influence people’s lives by being a hyper and caring friend, providing relief, and assisting people in need. Individuals can pursue a less lonely life, by gaining a new friend, like an animal companion. A personal example, is the fact that life without an animal, is lonesome.
It both harmed and helped society when president Franklin Delano Roosevelt came into presidency. The 1930’s were very important due to in that decade lots of things happened to negatively impact the country but we came out of the dust. Imagine this, living in a world with no money or food. A world where over 30,000,000 americans are left jobless because your country’s currency lost its value to basically nothing. Unfortunately, that was life in the year 1932 this was one of the hardest times for