Wall Street: Money Never Sleeps

of their own Burning his soul with a smoke and talking to a squirrel? Obviously a sad guy! John T. McCutcheon’s old cartoon shows us a conversation between an old American man being asked by a squirrel the reason why he did not save any money for the future. He answers, seemingly with a sad tone: “I Did”. Moreover, he is said to be a victim of bank failure. The cartoon represents the effects of the Great Depression and how harsh it was to the American citizens by using pathos through a…

During the 1920’s everything in the United States was at an all-time high; the income of the nation increased from $61 billion to $87 Billion and factories started to use machines quickening the work pace and production value. The people also began to invest in the stock market which underwent rapid expansion and reached its peak during August of 1929. By the time anyone noticed what was happening, the stock market already started to decline and the unemployment rate started to rise; with…

quarter of Americans were out of jobs and a multitude of people were starving on the streets. Then Franklin D. Roosevelt is elected into the presidential office and proposes the innovative and revolutionary New Deal to solve the problems of the Great Depression. The New Deal proposes many programs to transform the role that the government had in its economy. It was often criticized for wasteful spending of government money, but those criticisms pale in comparison to the achievements that were…

loans were occurring, and people were running out of any, and all money. This decline caused trade, population, and growth to suffer. 2. How did the Black Death affect trade and the urban economy? - The Black Death not only killed thousands, but affected trade and the economy. The wealth of the overall citizens began to decrease. Trade also began to decrease. People lost faith in the Pope, causing the church to lose money. Some positive elements came from the Black Death though.…

The mural "Going to The Olympics, 1984" by Frank Romero, was made in 1984 and put in Hollywood Freeway (101) North between Alameda and San Pedro St. to symbolize his historic point of view of going to the Olympics. The picture had five cars in the order of the color of the Olympics rings from left to right, a blimp with the writing "A GOODYEAR" on it, an iron, two silhouettes of people fighting, a horse, a stamp, five hearts on top of each car, and four palm trees. The mural has been mostly…

The Development of Escapism: PYRZQXGL During the 1930’s, an era of economic instability called the Depression occurred. Many people lost their jobs, the rich became poor, and the poor became poorer. People finally came to realize that reality is imperfect. A source of happiness as conveyed in Frederick Buechner’s novel was escapism. Teddy’s urge to escape emerges within Frederick Buechner’s novella, The Wizard’s Tide: a story, to show that escapism provides only a temporary diversion from the…

Great Depression and The Stock Market Crash The Great Depression peaked in 1932. It got so bad, that over 6,000 people walked the streets in New York City trying to sell apples for 5 cents each. When the stock market crashed in 1929, it took until 1954 for the stock market to return to pre-depression. The average income of the American family dropped by 40 percent from 1929 to 1932. Income fell from $2,300 to $1,500 per year. The Great Depression and The Stock Market Crash was an iconic and a…

great war – When the war began in August of 1914, no one thought that it would carry on for four long years, include so many nations, include machinery and mechanization so much, take so many lives, cause a lot of destruction, and a great loss of money. The war caused far-flung destruction in European countries; meanwhile it was causing an economic boom in the non-European countries such as America, Brazil, Canada, Argentina and Australia. The European powers acquired debts to fund the war. The…

the very little amount of money that they still had under their mattresses because in the time period of Herbert Hoover mattresses were safer than banks. Franklin D. Roosevelt: Franklin D. Roosevelt came from an aristocratic family. He was a cousin of Teddy Roosevelt. “He was to the…

Before Disney released their first color animated film Snow White and the Seven Dwarfs, there was much more chaos occurring in America. The Great Depression was in season in the 1930s. Many families during the Great Depression were struggling with financial needs. The typical woman in the 1930s had a husband who was still employed (Ware). When men they lost their jobs or saw their incomes reduced, they looked at themselves as failures because they couldn't take care of their families (Ware). Men…