Great Recession

The 1930’s were a period riddled by economic depression, dubbed the “Great Depression”, the economic mishaps of the 1930’s leaked out into affecting every facet of society, even the pop culture. The troublesome economics of the 30’s were overlooked by pop culture, as it deliberately used exaggerations and optimism to distract people from the reality of recession; while pop culture candidly documented political America in the 30’s, in which people were in search of a political hero. Bridled by…

“A Land of Choices & Opportunities” Approximately 400 years ago, a group of people left their original country eyeing for freedom. Soon after, this people found themselves in America, the land of freedom, the land of new opportunity. The belief of what this land can really offer, soon spread, and people from all over the world, began to immigrate to this country. Centuries after centuries, this land is persistent to be seen as a place where many people who want to prosper, have get the…

Historically, war is not an uncommon thing. If we want to examine any war we must look at the two parts of that war. The two parts of any war are the battle field and the home front. In this paper the American home front during WWII will be examined. Although the war was waged on the battle fields of Europe the American army and to some extent the allies were equipped with supplies coming from the US home front. The importance of the home front cannot be underestimated for any reason.…

in the mid-1920s. After World War II, the top earning 0.1% of the nation experienced massive increase in wealth and just before the stock market crash of 1929, they held about 23% of the entire countries wealth. In the modern era, after the 2008 recession, the .1% again grew their share of the wealth and in 2012, they reached the 23% mark not seen since 1929. Today the top .01% each have net worths of $100 million or more. That converts to about $7 million in the 1920s and would have included…

The Great Depression, which lasted from 1929 up until 1941, defines the time period when there was a financial and industrial collapse in America, causing unemployment rates to skyrocket, as well as the amount of homeless people. Caused by the constant speculation and buying on margin that took place so frequently in the stock market, the Great Depression left America in just that state of mind: depressed. Republican Herbert Hoover was elected president of the United States in 1928 after a race…

The Great Depression, it was a time in our history spanning through the 1930’s that saw an extremely dramatic economic downturn, well known as the worst in our history. It’s affect was felt by people all over the world. This dramatic economic condition is now referenced as the the worst that the economy could ever get. It’s affect ran over, so to speak, so many people from every economic class. It not only affected companies but it affected just about everyone across the board, no discrimination…

some defenses on hard money and free markets through conversation and in front of the US Congress. Despite everything trying to pull him down, he continues to live in success. The line “Who is Henry Galt?” appears twice in the book which kind of had Great Gatsby vibes, as the protagonist, Henry and Jay Gatsby have relatable qualities, and share the similarity of being wealthy, successful businessmen with people who have it out for them. But at the same time people are always asking “who is the…

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…

The New Deal, World War II, and the role they had in ending the Great Depression. Wars are a curious event. Two sides, typically gathered by political interests, pit their youth against their opposition and hope they emerge victorious. Yes, there’s many factors involved, and strategies are of course in play, but at the end of the day it boils down to the slaughter of young men just so their leaders can maintain their elevated social status. World War II was a prime example of this. More people…

Briann Johnson History T R 11:00 November 12, 2014 The Great Depression The Great Depression was most definitely the one of the darkest times for the economy in the U.S. The stock market crash of 1929 caused this economic downturn. When the stock market plummeted, consumer spending majorly dropped. Companies were making less and less profit, the only options were either closing down or laying off employees in hopes of being able to bring themselves out of this low spot . In 1933, the peak of…