Vanity, greed, and debauchery. What is the common factor lying in the meanings of these words? Wickedness. And what is the root of wickedness? God reveals through the Bible that the love of money is the root of all evil. Unfortunately, many people do not consider that the Bible may be true, and therefore they live by their own desires. The love of money proved its character during the early twentieth-century, when the Great Stock Market Crash of 1929 occurred. The crash is often associated with the Roaring Twenties era, when people were living the good life. However, a lot of what young people are being taught about the Roaring Twenties and the Stock Crash is purely mythical. In fact, people are being instructed that the Stock Market Crash
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It is theorized that many families needed about two-thousand dollars per year to survive, however, sixty-percent of families had a yearly income of less than two-thousand. When the crash occurred, the very wealthy were able to get by, albeit barely. The majority of the population, though, were in trouble. Nobody, at least most people, could not spend any money and as a result products were left unsold. Shops lost business and factories could not continue as nobody was purchasing their products. This is where unemployment stepped in and began its chaos. It took time for the Great Depression to begin its rampage, but America’s spirit was at its lowest point during the winter of 1932. A few of the many effects include the twelve-million people unemployed, the twenty-thousand companies bankrupt, one-thousand six-hundred and sixteen banks gone bankrupt, one out of twenty farmers evicted, and a surprisingly, or perhaps not surprisingly, amount of suicides during this dark time. Many charities gave food and shelter, however, some people actually starved to death. In some places, desperation grew so wild that people intentionally set fires to forests and other things to gain employment as firefighter, though temporary. Many farmers had to kill their animals because no one could buy them. Starvation, poverty, and low hopes were but some of the results of the happy blindness that …show more content…
To summarize the events that took places: during the twenties many people put too much hope in the stocks, believing that they could gain so much from the money they were making. The economy was not perfect, but good. A lot of people were oblivious to the fact that they were risking so much every day. The Great Stock Market Crash took place, and a massive fear enveloped the country. Poverty struck and threatened so many, who were enslaved by its iron grip. The Great Depression happens where people are poor and doing all they can to get by. Eventually, people in the U.S. started to recover and money was circulating well again. Fortunately, the Great Depression ended long ago and the world is better, at least somewhat, today. However, as mentioned before, God describes the love of money as the root of all evil, which may feel pleasurable for a season but eventually gives way to horror. People should pay more attention to the Bible, for it speaks of many things that are evidenced to be true today. After all, God lays out the path of pride in Proverbs 16:18, where He says that “Pride goeth before destruction, and a haughty spirit before a fall.” (The Bible, King James
It is theorized that many families needed about two-thousand dollars per year to survive, however, sixty-percent of families had a yearly income of less than two-thousand. When the crash occurred, the very wealthy were able to get by, albeit barely. The majority of the population, though, were in trouble. Nobody, at least most people, could not spend any money and as a result products were left unsold. Shops lost business and factories could not continue as nobody was purchasing their products. This is where unemployment stepped in and began its chaos. It took time for the Great Depression to begin its rampage, but America’s spirit was at its lowest point during the winter of 1932. A few of the many effects include the twelve-million people unemployed, the twenty-thousand companies bankrupt, one-thousand six-hundred and sixteen banks gone bankrupt, one out of twenty farmers evicted, and a surprisingly, or perhaps not surprisingly, amount of suicides during this dark time. Many charities gave food and shelter, however, some people actually starved to death. In some places, desperation grew so wild that people intentionally set fires to forests and other things to gain employment as firefighter, though temporary. Many farmers had to kill their animals because no one could buy them. Starvation, poverty, and low hopes were but some of the results of the happy blindness that …show more content…
To summarize the events that took places: during the twenties many people put too much hope in the stocks, believing that they could gain so much from the money they were making. The economy was not perfect, but good. A lot of people were oblivious to the fact that they were risking so much every day. The Great Stock Market Crash took place, and a massive fear enveloped the country. Poverty struck and threatened so many, who were enslaved by its iron grip. The Great Depression happens where people are poor and doing all they can to get by. Eventually, people in the U.S. started to recover and money was circulating well again. Fortunately, the Great Depression ended long ago and the world is better, at least somewhat, today. However, as mentioned before, God describes the love of money as the root of all evil, which may feel pleasurable for a season but eventually gives way to horror. People should pay more attention to the Bible, for it speaks of many things that are evidenced to be true today. After all, God lays out the path of pride in Proverbs 16:18, where He says that “Pride goeth before destruction, and a haughty spirit before a fall.” (The Bible, King James