The Great Depression Was The Worst Economic Crisis In The United States

The Great Depression lasted from 1929 to mid 1940s. It was a time of misery and suffering for everyone around the world. The stock market crash caused millions of people to end up without a job and hungry. Up to 7 million people worldwide lost their lives. This devastation made many families start over and begin again.

The Great Depression was a dark time in American history that lasted from1929-1939. It began after the Stock Market crashed on October 19, 1929. According to A Biography of America: FDR- The Great Depression, “It was the deepest and longest lasting economic downturn in American History” (A Biography of America). As a result of the Great Depression one out of every four Americans was out of work. The Great Depression resulted in a life for Americans that was plagued by overproduction and under-consumption of products, starving families were forced into bread and soup lines, and thousands of agricultural workers became migratory workers in order to survive.

The Great Depression was an economic collapse that began in 1929 and ended in 1938. During the Depression most citizens went through hardship .Three main causes of the Great Depression were the stock market crash of 1929, the Dust Bowl, and Bank failures.

The Great Depression started in 1929- 1939, it was the deepest and longest - lasting economic downturn when a stock market crashed. Many people have lost their jobs and they couldn’t afford bills. Birth rates dropped because people could not afford to care for children, and divorce rates dropped because people could not afford legal fees. The Great Depression caused many effects on the American people.

The Great Depression was the worst period of economic decline in U.S. history. It began on October 29th, 1929, and was officially declared over, in the year 1939, once the second World War was commenced. There were many factors that both influenced, and made the Great Depression even worse. A few examples of this are: During this time period, many Americans had money invested in the stock market, and once they saw that somebody else began to sell their stocks, they sold their own. On October 29th, people began to sell their stocks at an extremely rapid rate. Due to the rapid rate of stocks being sold, people lost countless amounts of money, and eventually ran to the bank to take out whatever they had in there. However, these banks were

The Great Depression, which lasted from 1929 to 1939, was the worst economic depression in the history of the United States. The stock market crash of 1929 signaled the start of the downturn and the coming of the Great Depression. This speculation and stock market crash acted as a trigger point for the already unstable U.S. economy. Thousands of people went bankrupt because they had lost their working capital in the stock market crash. Thus, the rich stopped spending on luxury items; the middle class stopped buying things on credit.

The Great depression began in 1929 with a dramatic event called that Wall Street Crash. This led to the failure of banks and businesses all over the United States. Millions of people lost all their savings and their jobs, and thousands became homeless because they could not afford to pay their rent. Some homeless families lived in shacks made of cardboard. Others took the road to look for work. (Bingham J.) As it could be imagined it was very disheartening to many as losing everything that was worked hard for. Many events took place during this time, like the Stock Market Crash, The Dust Bowl, The New Deal and also Prohibition that changed the outcome of what people could and couldn’t do.

The Great Depression was the result of life during the Roaring Twenties. People heavily valued materialism and hedonism which in-turn made many people try to find a way to gain a large amount of money in a short period of time. As more and more people were intoxicated with greed and selfishness, they became more careless through their actions and made many mistakes. These mistakes led to the

For the United States, the Great Depression was one of the most profound economic decrease in its history. Several reasons contributed to this great calamity, such as overproduction, banking and money policies, and stock market practices.

The Great Depression was the longest-lasting economic downturn in the history of the US. There are a lot of different options on what lead to the Great Depression since there were a lot of factors involved. One theory was that a a severe shortage of diversification in the American economy caused it. During the 1920s automobiles and construction, which began to decrease. Then in 1929 automobile sales began to decrease drastically more than a third in the first nine months. Prosperity relied on some general industries, for example the auto industry. This really took a toll. New industries began to develop but there wasn't much that could be done to reverse the damage.

The Great Depression was a decline of the economy in the 1930’s. It ranked as the longest period of high unemployment and low business activity. Millions of people were left jobless and penniless. Many people had to depend on the governments charity to provide the food. There was no way to get food besides the charities and their farms. But with their farms being ruined by the dust bowl there was not very many ways of getting food. Many people would starve to

The Great Depression was the single worst economic crisis ever experienced by the United States. In President Franklin Delano Roosevelt 's own words, by 1933 fully one-third of the nation 's citizens were ill-housed, ill-clad, and ill-nourished. Roosevelt 's was a presidency sired in crisis and sustained in war, and the very fabric of American society could not but be fundamentally altered as these extraordinary years progressed (Heale 2001, 16). One such fundamental change pertained to the American family. The Great Depression would forever reform the ways in which women in America were perceived, utilized, and ultimately, needed. Eliciting deep wellsprings of resourcefulness and ingenuity, the Great Depression demanded that women assume

The Great Depression was the worst economic downturn in the United States. The attitudes of citizens before the Depression were much different than they were during and after the catastrophic crash of the economy. Before the economic collapse, the government took little to no responsibility for people’s financial security. They had very little power before the collapse. The mindset of citizens was to take care of themselves. It was not the government’s job to look after citizens. After the economy crashed, people’s attitudes changed. People started looking towards the government to pull the country out of the Depression. By 1933, close to fifteen million American citizens were unemployed and around half of the banks in the country had failed.

The Great Depression was a severe worldwide economic depression) in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s.[1] It was the longest, most widespread, and deepest depression of the 20th century, and is used in the 21st century as an example of how far the world's economy can decline.[2] The depression originated in the United States,

The great depression was one of the worst economy issues we have ever had in history. It was a hard time for everyone. The great depression started in 1929 till 1939. Tons of banks closed down and about 9 million savings accounts were lost. Tons of companies and factories went under. About 15 million people were unemployed.