The Great Depression: America In The 1930

Improved Essays
The Great Depression is generally acknowledged by the stock market crash in the early 1930s, in which majority, lost their jobs, homes: money became useless, and fear and stress conquered the streets. Moreover, there is more factors to delve into when introduced to such epidemic. As mentioned in a CNN interview, T. H. Watkins, exclusively worked on studying the Great Depression for 16 years. Due to the fact that Watkins was born into the era of the Great Depression, he admits, it is a firm point of interest. With strong envisionment, elaborate research, Watkins assembles the book, “The Great Depression: America in the 1930s.” Providing the reader, with a structural layout, captivating photographs, and short documents, Watkins manages to grasp …show more content…
The book starts off with a fascinating introductory chapter of the Great Depression- “History Shot the Wing.” Opening, with the consequential effects of the Depression, readers get a general overview of the gruesome reality, then, it smoothly transitions to the importance and series of events that lead to it. Keeping in mind, Watkins, constructs a straightforward, yet, encapturing format. Immediately after the introductory chapter, the book starts in the year of 1918, when World War 1 ended, followed by detailed events, leading to main causes such as: Stock market crash of 1929, bank failures, American economic policy with Europe, and drought conditions. What is most fascinating, is that there are different point of views and new perspectives uncommonly heard of. Specifically, the influence of African Americans trying to pull themselves out of slavery, ultimately, effecting the making of the Civil Rights Movement. In fact, a cause and effect relation that is notable is the New Deal, and how it plays in our lives today. The New Deal was explicitly discussed in the book as an assurance of jobs. The overall government intervention changed Americas success, and is still present …show more content…
The study, is significant for numerous reasons, one being, to better understand the conflicts faced today. The Great Depression consisted of a domino effect. It is an eye opener for Americans, on how delicate the economy is, advocating for improved economical control. Despite the important relevance it ties into today, the Great Depression should never be forgotten. Although the Great Depression is generally recognized as a brutal stock market crash, Watkins, ensures a compelling storyline, to inform and broaden the knowledge of the Great Depression. Besides, the informative material, this book, was emotionally charged, with the aid of photographs, documents, and use of imagery, essentially sending the reader back to that era. Overall, this book couldn’t have been better written. The brilliant layout, appeals to anyone encountering this chapter, despite their knowledge of the Great Depression, in fact, it even brings forgotten events, establishing ultimate fulfillment for the

Related Documents

  • Improved Essays

    The Great Depression was a dark time for America that had disastrous economic, political and social effects. The collapse of the financial market led to the continual downwards spiral of the Depression. American banks gave out loans to those investing in the stocks using speculation, with many hoping to sell their shares for more than they purchased it for, paying off the bank and making a profit. Prices however began to fall quickly as investors tried to sell their stocks, unable to sell with the increasing numbers of shares. Companies were not selling as many goods, company profits fell and people became less willing to buy.…

    • 975 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Great Depression DBQ

    • 906 Words
    • 4 Pages

    The late 1920’s and 1930’s was a time of depression in America. This depression was caused by overproduction and America's sudden boom in the economy. America's rise in the economy led to Americans buying on margin for stocks and buying luxury items with credit. Eventually, the stock market crashed and people lost their life savings. Since they had no money they couldn’t pay back these luxury items and businesses failed.…

    • 906 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Poor choices in stock investment made the crash inevitable. “Black Tuesday” officially marked the beginning of the Great Depression. Prior to the crash, the stock market was at it’s peak. When investors began…

    • 694 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    New Deal Dbq

    • 397 Words
    • 2 Pages

    In the fall of 1929, the nation suffered a great devastation as a result of the Stock Market crash. In order to stabilize the economy, Franklin D Roosevelt established “New Deal” programs that would not only stimulate the weakening economy but to also bring hope to the American people. In the fall of 1929, the United Stated underwent the greatest financial collapse in the country’s history. According to History.com, “companies went bankrupt and began to fire their workers in droves”.…

    • 397 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    During the time of the Great Depression America was facing a plethora of problems. The economy was at the point of collapse and a huge portion of the money was among a very small number of very wealthy individuals. People had resorted to living in villages called Hoovervilles where the houses were made up of whatever could be salvaged. Before the Great Depression began people took out loans carelessly without money to back it up; people were paid too little and goods cost too much. More goods were produced than sold and all this lead to an economic downfall.…

    • 1198 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    The Great Depression, spanning from 1929-1939, was a period of great turmoil in the United States. A depression is a sustained, long term period in which the economy is failing. The Great Depression was caused by the collapse of the Stock Market and the failure of the Banks. The reason why the crash of the Stock Market was so impactful to our economy was because of the speculative nature of the Market. Many people bought stocks on margin, which meant that they only paid 10% for the stock while loaning the rest from the bank.…

    • 1192 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    Introduction The 1930’s is a decade that experienced one of the worst, if not the worst, economic conditions in the history the United States of America. This decade is the Great Depression era. Everyone, rich and poor, suffered during this time. People lost their homes and their jobs, mostly due to unemployment.…

    • 1871 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    Social classes play many big roles during the Great Depression. There are the poor people, and the top 1% that are rich, there is no middle class during the great depression. The Great Depression began with the stock market crash in 1929. This book is more about what happened to all the people when they got laid off and the large economic crash that affected everyone. This story is written from sixteen-year old Gordon Parks perspective and his life during the Great Depression.…

    • 527 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    I really love seeing such a complete opposite point of view on Bud's mother. However there was a very high suicide rate during the great depression. "Some people were so demoralized by the hard times that they lost their will to survive. Between 1928 and 1932, the suicide rate rose by nearly 30 percent.…

    • 218 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    Reflection for Chapter VIII: Long Dark Night of the Depression The Shame and Misery of the Depression is the work of T.H. Watkins that discusses with practical examples how under the leadership of Herbert Hoover, America experienced one of the worst economic failures ever in its history. Watkins shows how the Republican president had given confidence to a future that was bright for the American people. However, what followed was a devastating experience that left millions unemployed, starving, and economically insecure as financial institutions closed down at an alarming rate. Through the subheadings, Universal Fears, Fighting for the Scraps, The Limits of Charity and, A Private Kind of Shame, Watkins gives an information-packed, emotionally charged and discerning account of America’s crucible.…

    • 1148 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    The author of “The Great Depression America 1929-1941," Robert S. McElvaine, gives readers a guide into a world literally turned inside out by the huge and routine economic disorganization that suddenly sprouted in the late 1920s. McElvaine stresses less on the history of what led to the Great Depression and more on the effect the Great…

    • 1194 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    It took over two decades, with several smaller recessions in between, to fully impact the economy. On the other hand, it took the Great Depression almost a decade to form (1918 – early 1930’s). Apart from overspending, both events invested in difficult categories. The Great Depression invested in the Stock Market, while the Great Recession (“Consumer Age”) invested in housing (“Great Depression vs. Great Recession”). The Great Depression’s consequences are somewhat like those of the Great Recession’s considering bank failures and unemployment but at a much devastating scale.…

    • 1762 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    The 1929 Stock Market Crash Name of Student Institution Affiliation The Stock Market Crash of 1929 Although not the sole major economic development in American and global history, the stock market crash of 1929 is one of the most prolific. This is due to the fact that it was, as will be argued in this paper, the catalyst for the greatest economic depression in history. Playing out over several days, the crash had long-term consequences for American society at every level, from the everyday individual right up to companies and national banks.…

    • 1088 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    During the 1920’s America had experienced an economic growth in which not only did it made the Nation rich but the people were able to obtain more luxuries such as cars, jewelry, events, and even afford buying a house. By the time it had become popular for people to possess items of high value and even value them more than anything. The time during this period was suitable; People were earning more money and consuming more, which also meant that people were investing great amounts of money into stocks, but on October 29, 1929 the stock market took a downturn in which eventually led to the events of the Great Depression. As the stock market crash not it only did it affect millions of Americans, it affected the economy as well. This tragedy is historically known as “The Stock Market Crash of 1929,” were it focuses on the events that led to the stock market’s collapse and its aftermath, The Great Depression.…

    • 1304 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    The Great Depression was an economic shortfall and a time of hardship that affected America and the rest of the world. The depression began when the stock market crashed on October of 1929 and ended in 1939 when America started to plan for World War 2. Many people 's lives were ravaged and some were taken during these dark times. This event was the longest and most atrocious fiscal hindrance that America has ever experienced. The Great Depression definitely changed the culture of America, positively and negatively.…

    • 1273 Words
    • 6 Pages
    Superior Essays