The Great Depression was a time of economic downfall that began in 1929 and lasted until 1939. It was triggered by the 1929 Stock Market Crash and is known as the most dreadful depression experienced in Western civilization. Two long term causes of the Great Depression were agriculture and industry. The farmers had begun to overproduce during WW1 to feed Europe corn and wheat. In order to do so, many farmers retrieved loans to expand their farming land. However, after the war, the amount of crops needed decreased by 40% since WWI ended. Yet farmers still continued to overproduce goods,which resulted in the decrease in value of the crops. The industry in America started to fall when railroads lost to newly built trucks, buses, and cars. People
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The total debt after the New Deal had substantially risen and more than doubled. Based on Document 3, the government owed a beginning of $16.9 billion and an end of $44 billion after the New Deal. Hence, the government continued their regular spending without any income tax from jobless citizens, therefore the programs of the New Deal were not efficient and government debt increased. Also, the New Deal often discriminated against minorities. Document 7 described how most blacks received separate and lower pay scales by the National Recovery Administration and were segregated into different camps by the Civilian Conservation Corps. This is important because most New Deals programs did not benefit all citizens, therefore the New Deal was a failure since it didn’t apply to all the people. Finally, the New Deal was a failure because businesses were limited to growth and expansion. Document 2 states how it was difficult for businesses develop and hire new workers due to many new laws and regulations. This promoted higher wages, continuous labor disputes, and shorter hours, which meant less profits and failures for businesses. Failure for businesses would lead to the loss of employees then loss of jobs, and no money for food, shelter and family. This is important because the expansion of governmental relief activities lead to the downfall of the economy, which proves the failure of the New
The total debt after the New Deal had substantially risen and more than doubled. Based on Document 3, the government owed a beginning of $16.9 billion and an end of $44 billion after the New Deal. Hence, the government continued their regular spending without any income tax from jobless citizens, therefore the programs of the New Deal were not efficient and government debt increased. Also, the New Deal often discriminated against minorities. Document 7 described how most blacks received separate and lower pay scales by the National Recovery Administration and were segregated into different camps by the Civilian Conservation Corps. This is important because most New Deals programs did not benefit all citizens, therefore the New Deal was a failure since it didn’t apply to all the people. Finally, the New Deal was a failure because businesses were limited to growth and expansion. Document 2 states how it was difficult for businesses develop and hire new workers due to many new laws and regulations. This promoted higher wages, continuous labor disputes, and shorter hours, which meant less profits and failures for businesses. Failure for businesses would lead to the loss of employees then loss of jobs, and no money for food, shelter and family. This is important because the expansion of governmental relief activities lead to the downfall of the economy, which proves the failure of the New