Herbert Spencer

From 1929 to 1941, a period of time began in the United States that was referred to as the Great Depression. A lack of confidence led to withdrawals in order to protect money, draining the banks ' reserves and destroying their ability to make loans. This mistrust affected the entire economy and started a dangerous cycle. Since that time, there has been much historical debate over what actually caused it, and many theories have been proposed to explain how a country’s economy could fail so…

During the beginning of the 1900 's near the 1930 's the soil erosion and deleption had reached its highest peak. During this time gullies of soil had gotten so deep that it was exceeding the height of homes. Fertilization and the rotation of crops we not taught to the farmers who were used to fertile soil. The erosion of the land became so extensive that it was said within the documentary that “A series of boxcars could go around the earth seven times with the amount of soil that had eroded”…

The unemployment rate during the Great Depression reached a high of 24.9%! How do you solve such an issue? Well, the answer was certainly not Franklin Delano Roosevelt’s New Deal. The Great Depression was a tragedy that started on October 29, 1929, and put millions of Americans out of work. Franklin Delano Roosevelt devised a plan to solve the problems of the Great Depression; this was called the New Deal. The New Deal provided American people with a series of social and economic programs that…

The Great Crash of 1929 led the World into a precipitating economic spiral for ten years. This calamitous decade is known as The Great Depression. The United States had never endured such a detrimental stock market crash as it did in 1929. Unemployment rates rose to unprecedented levels, crime rates skyrocketed and production plummeted. The Great Crash did not only impact the United States, but all western industrialised countries experienced the economic turmoil. This was due to their trade…

“Lucky Louie” Have you ever known someone that was incredibly fortunate and lucky? Perhaps they found a four leaf clover, or even won the lottery. Well, one of the most lucky people that has ever lived survived countless near-death experiences, persevered through a dangerous war, suffered trials that would mortify many, and lived to tell the tale. Fortune and skill has saved his life multiple times over and has enabled him to lead a successful existence despite all the trying circumstances he…

plummeted and people sold their stocks for any price they could get. This is referred to as Black Thursday. By October 29, known as Black Tuesday, the stock market completely crashed and banks began to call in loans (PBS). The president at the time, Herbert Hoover, insisted “any lack of confidence in the economic future or the basic strength of business in the United States is foolish.” Despite his opinion, depositors panicked and rushed to banks to withdraw their money. Unfortunately, the banks…

We live where there is greed, poverty, war, inequality and so much more. We seek the assistance of leadership to provide us with security, food, and happiness. But what happens when we leave it up to them to decide for us? In the book Brave New World, the author Aldous Huxley explores the possible answer, which was mainly influenced by the events that were occurring at the time. Brave New World was written in 1931 and published in 1932. During the time that Huxley wrote this book he had…

The Roaring Twenties was a decade known widely for its flapper girls and jazz music, but it was so much more. For the first time, more Americans were living in cities rather than farms, women had the right to vote, and it was becoming a consumer society. The decade also witnessed a time of prosperity; wealth was up and employment was down. The 20s saw some of the biggest social and political changes, changes that were very different from the ones desired the decade before. By failing to lessen…

As America began to recover from the Civil War, the country was jolted into a second industrial revolution. The Homestead Act encouraged thousands to move to the West and Great Plains and take up farming. Railroads connected the country, making America linked like never before. America was quickly becoming the world’s biggest industrial juggernaut as all corners of the nation became occupied with people looking for their own slice of the American Dream. Most of them however, never saw those…

The depression hit both America and Australia very hard. To recover from the depression American president, Franklin Roosevelt, developed the New deal policy. Australia, in regards to recovering from the depression, did not have an effective policy in place until 1932, by which time Australia had already felt the effects of the depression more so than other countries. Unemployment in Australia peaked at 30 %, however, unemployment in American peaked at 25%. In America, there was a wave of…