The Great Depression was a time period of poverty, and loss that no one in my generation could even imagine. The Great Depression hit everyone world wide, not just the United States. The Great Depression also affected the Soviet Union, Germany, Japan, and Latin America. Everyone world wide was faced with hardships and struggles to make ends meet. The first downfall that got the ball rolling into the hole of the Great Depression was the fall of the stock markets. You wouldn't think that the stock market falling would cause such mayhem, but it did. People who were not even invested in stocks began to be affected, even in other countries. Because of the stocks falling production began to decline, which led to workers being laid off. This trying …show more content…
People went from living comfortable life styles to scrapping by to feed themselves and their family. The amount of jobs came to a halt without the amount of supply and demand America once knew. The opportunity to make money was slim to none, and for those who were lucky enough to keep their jobs they experienced huge pay cuts and less working hours. Food was also in high demand, but not enough was being supplied. Big farming states were faced with some of the biggest droughts in history during the time period of the great depression. Without the supply of water it was impossible for the farmers to produce food for themselves, much less all of America. Malnutrition was what most families in America faced because of the limited food supply. This does not even scrape the surface of what Americans faced from 1929-1941. Coming out the depression was a true struggle. World War II played a role in pulling America out of the depression. It created jobs and manufacturing. America partnered with Britain and France to fight the war in Germany. To help alleviate the potential of another Great Depression happening again acts began to be passed as well, one of those includes the social security act. This secured money for elderly and disabled people who do not have a …show more content…
He took a different strategy than American did. Hitler, despite what he stood for, was an influential leader to the German people. Hitler's plan behind pulling Germany out of the Great Depression was to stop all trades, he thought that if Germany stopped giving out supplies that they would have more resources for themselves. When countries like Germany stopped exports other countries like Latin America suffered. Latin America suffered because they depended on exports of products, and without the products coming in from other counties they took a big down fall which took them a while to rebound from. Germany made a smart move by stopping exportation and keeping products for themselves, they did how ever struggle just like America did with the lack of jobs.
Japan was also in a desperate need to end the great depression. They were seeking sources which could end the Great Depression in their country. Japan took a different tactic than Germany and the United States, but they all had the same underlying initiative. Japan decided to take over a area in coastal China that had an abundance of materials and sources that could benefit Japan. Poverty and the lack of jobs was still and obstacle for the Japanese people, but the start to climbing out of the great depression was taking
The Great Depression era was one of the most severe hardships in United States history. The amount of suffering that ordinary Americans endured during the Depression was unprecedented. The Depression caused big businesses like Ford to layoff much of their workers during the Depression. This massive unemployment caused millions of workers to lose their homes and their livelihoods, puting Americans in destitute situations of extreme poverty. During the Depression the contemporary safety nets that existed to help take care of people when disaster struck had dried up and was unable to assist everyone.
During the Great Depression, millions of people lost jobs, and families struggled to find financial footholds. It lasted for ten years, leaving very strong memories of dramatically dark times. Throughout those years, people found new ways to cope with the struggles, and interestingly enough, new emotions and belief in the ideals of America. Everybody learned the importance of being resourceful, while also keeping hope for the future and growing more unified and patriotic as a country.
To add to the stock market crashing and unemployment rate soaring, the United States suffered severe drought. The drought impacted agriculture greatly, and was seen to cause the failure of many farms. The United States fell into a food shortage soon after. Food became rationed to a very scarce level, people were hungry and poor. People became fed up with Herbert C. Hoover, because he seemed to not do anything about the depression.
During the years prior to 1929, the United States as a whole faced a period of economic hardships now known as the great depression. During this period of American history many Americans suffer through a great quantity of hardships and difficulties. In addition most Americans institution of politics and the entire economy collapsed, sending citizens along for the ride. Many groups sought ways to correct the issues that suppressed most members of American society. There were many different problems Americans faced during the Great Depression.
People were homeless. Food was scarce. The Great Depression had many effects on the American people.
The effects of the depression up until the end of the first War. many soldiers returned and had to compete with low class workers to find jobs, and they started cutting down the wartime for soldiers. The Depression hit Agriculture hard to, it was already a rocky business. People 's confidence in the economy dropped after the crash, people stopped spending so much money, this caused
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.
The Great Depression was a memorable time in many lives. The Great Depression, which was also known as “the worst economic downturn in American history” was a tragic time for America. Many Americans lost their jobs and homes, died from hunger, and families were split up. The Great Depression challenged people economically, socially, and psychologically.
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.
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.
Kostandin Valle Mr. Zoellner English Language Arts II 26 August 2015 The Devastating Effects of the Great Depression Throughout life, many people go through some type of devastating or traumatic event that can change their lives forever. For the American people of the early to mid 1930’s, the Great Depression was one of these events. The Great Depression caused a major impact on all of America and affected the economy, the government, as well as the personal life of many Americans.
The Great Depression was a huge tragedy that took millions of people in the U.S. out of work. It was the biggest economic fall in America's history. The story “Digging In” by Robert J. Hastings, the video “Growing up in the Great Depression”, and the poem “Debts” by Karen Hesse showed the problems people encountered during the Great Depression. It affected people negatively by making the prices raise and people made less money so it was hard for them to pay their rent or bills. Also, many people were unemployed and did not have enough money to get food.
The Great Depression was a time when mostly everyone started to loss their their money,business, and homes. Many people lost their jobs and that made them go to their local banks and withdraw their money, but the banks did not have their money, all the people that wanted there money back lost it all because the bankes went broke. The people were now poor and the government didn't help them. Saving and investing was really important in that time.
The Great Depression was the most devastating, long-lasting economic downturn in history. The Great Depression took place shortly after the stock market crashed in October of 1929. The economy shrank 50% in the first five years of the Great Depression. Unemployment skyrocketed throughout these 10 extremely rough years. This caused several banks to fail and a vast increase in homeless people and families.
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.