Flashback Of The Great Depression Essay

1057 Words Nov 25th, 2015 5 Pages
Flashback of the Great Depression
The events during the Great Depression were very unbelieveable. Some of these events are related to the novel 1984. The characters reflect some of the major events in this tragic event in history and come to show its resemblance to the aspects of life in both.
The Great Depression in America from around 1929 to 1939 was the longest lasting and extensive economic turning point in the history of the industrialized world (“The Great
Depression”). The Depression began soon after the stock market crash of October 1929, and wiped out millions of investors. Over the next years it caused major declines in the industry and the increasing of unemployment as many failing companies had to let go of several workers
(“The Great Depression”). By 1933, ranging from thirteen to fifteen million American were nearly unemployed and nearly half of the country’s banks had plummeted (“The Great
Depression”). President Franklin D. Roosevelt at the time helped to lessen the more far worst effects of the Great Depression in the 1930’s. The economy however didn’t take a turn until around 1939 when World War II brought American industry back up again (“The Great
Depression’).
The Great Depression all began with the stock market crash of 1929. The American economy had entered a recession where consumer spending decreased and unsold goods began to increase, slowing productions (“The Great Depression”). At the same time, stock prices
Petreska 2 continued to rise. The…

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