The Great Depression had a large impact on the United States. The Great Depression had many problems. These problems caused the foundations of the United States economy to weaken. There were a lot of underlying conditions and issues that led to the Great Depression. For an example; the stock market crashed, bank failures, reduction in purchasing across the board, American economic policy with Europe, and the drought conditions. The Great Depression did not only lead to The New Deal but it also led to WWII. The stock market crash of 1929 was a huge decline in the U.S. stock market values. This crashed took place on October 29, 1929. The stock market crashed because people took out loans couldn 't repay them and caused a major decrease
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A lot of people needed some relief from hunger, unemployment, and bank failures. FDR noticed the lack of confidence and wanted to restore America’s problems with his 1933 Inaugural Address. Meanwhile, FDR did not minimize the effort it would take to solve the problems that the economic collapse had caused. Therefore he started the New Deal. The New Deal had three separate goals which were relief, recovery and reform. The first goal was the relief means attempting to solve the problems of the Depression. One major problem was finding jobs for the unemployed. Therefore he created programs such as the Public Works Administration, the Civilian Conservation Corps, and the Works Progress Administration. Meanwhile the Emergency Banking Relief Act called for a four-day bank holiday to check the condition of banks and allow only those banks that could demonstrate wealth to reopen. Next, you had the recovery which means focusing on getting the …show more content…
Unemployment grew 1 in 4 people were unable to find a job. People used to stand all day in line at the unemployment office. They would barely move at all the lines were wrapped around the building. Some people didn’t get in but if you did get in you were interviewed on what you needed. With banks failing people stormed inside of banks demanding their savings. Sink, they were unable to withdraw their money they had no choice but to sell their farms. A lot of people lived out of their cars. The only thing most people were worried about was how they were going to get to their next meal. During the 1930s a dust storm took place called the Dust Bowl. Because of the drought the storms stared to pop up. The sand would sting your skin it hurt so bad. The farmers that couldn’t sell their farms would just abandon them. To protect their farms from the storm farmers built fences around their
A lot of people needed some relief from hunger, unemployment, and bank failures. FDR noticed the lack of confidence and wanted to restore America’s problems with his 1933 Inaugural Address. Meanwhile, FDR did not minimize the effort it would take to solve the problems that the economic collapse had caused. Therefore he started the New Deal. The New Deal had three separate goals which were relief, recovery and reform. The first goal was the relief means attempting to solve the problems of the Depression. One major problem was finding jobs for the unemployed. Therefore he created programs such as the Public Works Administration, the Civilian Conservation Corps, and the Works Progress Administration. Meanwhile the Emergency Banking Relief Act called for a four-day bank holiday to check the condition of banks and allow only those banks that could demonstrate wealth to reopen. Next, you had the recovery which means focusing on getting the …show more content…
Unemployment grew 1 in 4 people were unable to find a job. People used to stand all day in line at the unemployment office. They would barely move at all the lines were wrapped around the building. Some people didn’t get in but if you did get in you were interviewed on what you needed. With banks failing people stormed inside of banks demanding their savings. Sink, they were unable to withdraw their money they had no choice but to sell their farms. A lot of people lived out of their cars. The only thing most people were worried about was how they were going to get to their next meal. During the 1930s a dust storm took place called the Dust Bowl. Because of the drought the storms stared to pop up. The sand would sting your skin it hurt so bad. The farmers that couldn’t sell their farms would just abandon them. To protect their farms from the storm farmers built fences around their