Causes Of The Stock Market Crash Of 1929 Essay

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I. The Stock Market Crash Of October 1929
A. Franklin D. Roosevelt was elected in 1932
B. Many of the poverty stricken individuals began to despise the monetary system, the president and the rich ones
C. The amount of starving, homeless and sickness grew in the mid-1920s
D. Although the whites were affected, the severity towards blacks and Hispanics was outrageous, especially since they were already deprived to begin with
II. Causes of the Crash
A. One of the causes for the crash was a natural disaster that occurred, subtropical land was $15,000 and then increased to $20,00
1. Once the destruction occurred the properties decreased in value
B. Many people in this era focused on buying stocks, providers would lure people with advertising and
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At the moment the labor system was not the best, if an employee was fired, there was no insurance for them, elderly people also did not attain pensions
H. Some believed that everything was happening for a reason, that the panic would eventually make the corrupted disappear, and to simply leave things as it is
IV. Hoover’s Programs to Fight the Depression
A. Hoover after all was not doing a great job on handling the situation, some people would turn their pockets inside out to demonstrate their poverty, this trend was soon called “a hoover flag”
B. There was 8 million people jobless by 1931, and all the programs that Hoover attempted were failure or unrealistic
C. The Congress had mention giving $60 million to alleviate people of their misery, Hoover liked the idea of helping animals, however, he had no interest in helping farmers along with their families
D. He clearly stated proving food for “jackasses…but not starving babies” this statement was quickly taken into consideration by the people
V. Everyday Life During the
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Germany Moves Toward the Nazis
A. Hitler was known to be a great manipulator, therefore, he brainwashed the Germans when speaking about the Jews, resentment was created towards the Jews; they began to be perceived as a waste and they were merely taking all the jobs for the Germans
B. Hitler began giving speeches about racial preference, he mainly desired wanted “his” people white, blue eyes, light skin, blonde hair, ironically Adolf Hitler attained none of those
C. Then suddenly Jews began to be taken into concentration camps, the gold was taken out of their teeth along with other belongings, the gas chambers were vile, they trapped about as many people that could fit and then a deadly gas was released in the chambers which painfully killed all the people in there
D. A mountain of shoes was created by all the shoes that were taken off from the Jews, the smell of burning human flesh was potent in the air, and people knew what it was but no one said anything, the bodies were disposed in different ways, mostly by throwing the bodies in large holes on the ground, due to the burning of the bodies many of them were unidentifiable, the concentration camps were demonstrated as a happy place where they would take care of you, however, it was merely a living

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