The Great Depression was when the stock market crashed in America and made many investors and businesses lose their money. It started in 1929 till 1939. One long-term cause that caused the Great Depression was the decline in industry. An example of the industry declining is when the railroad industry closed because cars and buses were being produced and becoming popular. This led to the railroad industry laying off workers and eventually shut down. If workers get laid off, they won’t have any money to feed themselves. Another long-term factor that caused the Great Depression was because people were buying on margin (borrowing money to buy a stock) in the stock market and using the method speculation. Speculation was buying a stock and hoping
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The PWA was the Public Works Admin and they provided public jobs and it benefited the unemployed. They would provide jobs like building bridges, streetlights, etc. This contributed to the economy because the unemployed could get a job from the government and could start working and get paid right away. Another program part of the New Deal that was significant was the NYA which was the National Youth Admin. This program gave high schoolers the opportunity to make money. This program was significant because families that were extremely in need they could have their teen go work and earn that extra cash. Another reason why this program is fantastic is because if the family is not in a good financial status to pay for their teen’s college fund, the teen could go make the money themselves to pay for their own college and have a better future. Last but not least another program that was fascinating was the CCC which was the Civilian Conservation Corps. This program targeted the unemployed. They wanted to help the unemployed and provide shelter, food, and clothing. This was important because this program provided so many life needs and they only needed to build roads, parks, etc. The CCC was great because this gave many people their standard living …show more content…
In the graph in Document 3, the graph shows that the government spending between the years Hoover was in office compared to when Roosevelt was a big difference. When Franklin D. Roosevelt was elected as president, the Great Depression already started. He had to spend money in order to fix America. He could of just been like Hoover and do nothing, but instead, he used the try anything approach to fix America. Another example would be in Document 4 the political cartoon displays that Uncle Sam looks sick and represents America. Then you have Franklin D. Roosevelt coming in with New Deal Remedies and says, “Of course we may have to change Remedies if we don’t get results.” The picture shows that Roosevelt already provided so many remedies but America isn’t getting any better. The quote is important because Roosevelt is trying anything to fix America until it gets better. He isn’t giving up until he sees good results out of his remedies and American improving. Lastly, in Document 8 the document states the Social Security Act (SSA) provides money for the elderly and disabled. This will cost a lot of money not mentioning the population of elderly and disabled combined. This can prove that the New Deal was a failure it could lead to the government being in debt but, the elderly and disabled are people too and deserve to have money so they can
The PWA was the Public Works Admin and they provided public jobs and it benefited the unemployed. They would provide jobs like building bridges, streetlights, etc. This contributed to the economy because the unemployed could get a job from the government and could start working and get paid right away. Another program part of the New Deal that was significant was the NYA which was the National Youth Admin. This program gave high schoolers the opportunity to make money. This program was significant because families that were extremely in need they could have their teen go work and earn that extra cash. Another reason why this program is fantastic is because if the family is not in a good financial status to pay for their teen’s college fund, the teen could go make the money themselves to pay for their own college and have a better future. Last but not least another program that was fascinating was the CCC which was the Civilian Conservation Corps. This program targeted the unemployed. They wanted to help the unemployed and provide shelter, food, and clothing. This was important because this program provided so many life needs and they only needed to build roads, parks, etc. The CCC was great because this gave many people their standard living …show more content…
In the graph in Document 3, the graph shows that the government spending between the years Hoover was in office compared to when Roosevelt was a big difference. When Franklin D. Roosevelt was elected as president, the Great Depression already started. He had to spend money in order to fix America. He could of just been like Hoover and do nothing, but instead, he used the try anything approach to fix America. Another example would be in Document 4 the political cartoon displays that Uncle Sam looks sick and represents America. Then you have Franklin D. Roosevelt coming in with New Deal Remedies and says, “Of course we may have to change Remedies if we don’t get results.” The picture shows that Roosevelt already provided so many remedies but America isn’t getting any better. The quote is important because Roosevelt is trying anything to fix America until it gets better. He isn’t giving up until he sees good results out of his remedies and American improving. Lastly, in Document 8 the document states the Social Security Act (SSA) provides money for the elderly and disabled. This will cost a lot of money not mentioning the population of elderly and disabled combined. This can prove that the New Deal was a failure it could lead to the government being in debt but, the elderly and disabled are people too and deserve to have money so they can