Wall Street

What caused the Great Depression and explain why Hoover’s efforts to manage the Depression failed. Why did Hoover become so unpopular, and what were the faces of the Depression? How could you characterize the experience of the women in breadlines in Minnesota? The most common belief is that the Great Depression was triggered by the 1929 crash of the stock market Some events that took place during the Great Depression have been studied such as deflation in assets and commodity prices, dramatic…

In the 1930’s, industrialized areas of the world experienced the Great Depression (Nelson). People were left poor, homeless, hungry, and scared. In the United States, the government responded by creating public welfare to help those with low or no income (Eligibility). Since then, welfare has grown immensely with new programs created for the varying needs of the country. The different programs of welfare provided has greatly helped Americans during their times of struggle. Temporary Assistance…

October 24, 1929, a day known as “Black Thursday” was the start of what will be the greatest economic downfall in US history. This catastrophic event that occurred was the crash of the stock market. It all started in the “Roaring Twenties” when the stock market was at its greatest. The nation’s total wealth had doubled from 1920 to 1929. Many people from wealthy business men to the lower-class janitors had put their life savings into stocks. As fear rose, people began rushing to banks to get…

The Great Depression was the longest and most intense economic impact on the Western United States. It lasted from 1929 to 1939, and left over 13 million Americans unemployed. Almost half of the banks in the United States had failed. It caused the Dust Bowl, which killed about 7,000 people, according to Denverpost.com. Although the Great Depression was a major setback, the United States strived through the tough times. By working together and keeping hope, American citizens came out of the Great…

jobs. The unemployment rate had risen to 25% in the United States between 1930 and 1940. Farmers had suffered the most because crop prices had dropped by 60% and they were unable to take any other jobs. There is a photograph of two men walking down a street with suitcases in their hands and in front of them is a sign saying “next time take the train, relax.” The two men are traveling to find work but are unable to take the train because they can’t afford it. In another photo there is a long line…

In the year of 1934, The Great Depression was starting to affect the US.With this came a nationwide strike of the textile industry, which would become the most extensive battle the National Recovery Administration, or NRA, had to face. This strike would become known as The National Textile Strike of 1934. By 1929, Southern mill towns in particular, were discontent, because the Depression was already affecting them. This was largely due to "stretch-out", which is essentially were workers are…

The Great Depression was a grim and distressing time for America in the 1930’s a time of poverty and loneliness. There were many causes of it, but it can be pinpointed to just a few. The stock market, a game of risk, winnings, but mainly losing in the end. Debt, the aftermath of the euphoria of all the so called earnings gained from the stock market. The farm crisis and Dust Bowl, the outcome that came about the innocent farmers’ from the money boom and what the farmers accidentally caused.…

America has been the land that has always grown and expanded. Expanded with the idea that you can do anything you want, build what you want, and create anything you please. Business boomed in the 1800’s with many men and many ideas that created with each other. Andrew Carnegie invested in the Woodruff Corporation and created the very first railroad sleeping car. In 1860 he ended up making five thousand dollars a year and ended with an annual income of almost fifty thousand dollars a year.…

three children, and without that job, it became nearly impossible to pay our bills and get food. There were many days when all we had to eat was salami and watered-down milk. Many families including our own had to collect pieces of wood from the streets to use as firewood. The home that used to be so comfortable and extravagant became empty. Jimmy needed to work twice as hard. It broke my heart when he covered the cast on his hand with shoe polish and looked for a job. With little job experience…

At the end of the 19th century, there were three major technological advancements that made the American Dream possible for middle class families resulting in an expansion of American suburbs. The streetcar, balloon frame construction, and pattern book house all made the suburban home affordable to the average American. The streetcar provided Americans with easy access to cheap and reliable transportation to and from the suburb and city. Many cities like New York, Los Angeles, Cleveland, and…