The Great Depression

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by glitterpants02
Last updated 6 years ago

Discipline:
Social Studies
Subject:
Economics
Grade:
7,8,9,10,11

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The Great Depression

The Great Depression

The Great DepressionThe Great Depression was an event that affected to whole world. Herbert Hoover was president when the Great Depression began. He declared in March 1930, that the U.S. had “passed the worst” and argued that the economy would sort itself out. The worst, however, had just begun and would last until the outbreak of World War II in 1939. As news of the stock market crash spread, customers rushed to their banks to withdraw their money, causing disastrous “bank runs.” People who had been very wealthy lost everything they had and some committed suicide. Many companies went out of business and huge numbers of people lost their jobs. At the very worst of the Depression, 1 out of every 4 people were without a job. Between 1930 and 1935, nearly 750,000 farms were lost through bankruptcy or sheriff sales. People lost there homes and they lived in things called "Hoovervilles." So who became homeless rode on railroad cars because they didn't have the money to travel. Almost half of the children who were living in the United States at that time did not have enough food, shelter, or medical care. Many suffered diseases. By the 1930s, thousands of schools were operating on reduced hours or were closed down entirely. The “Three Little Pigs“was seen as a symbol of the Great Depression, with the wolf representing the Depression and the three little pigs representing average citizens who eventually succeeded by working together. Democrat Franklin Delano Roosevelt (1882-1945) became president in March 1933, and promised a “New Deal for the American people.”

Literature & Music The 1930s was a very important decade in American literature. American literary giants like John Steinbeck, Henry Miller, Margaret Mitchell, and F. Scott Fitzgerald published works during this period. The Grapes of Wrath, by John Steinbeck , considered his masterpiece, is a strong novel that tells the story of the Joads', a poor family from Oklahoma and their journey to California searching for a better life. Other popular novels include Tortilla Flat , Of Mice and Men, Cannery Row, and East of Eden . He was awarded the Nobel Prize in Literature in 1962. Even though the Depression was a hard time for everyone, music kinda of helped people get through it. Popular singers and/or dancers of the 1930s include the Andrews Sisters, Fred Astaire, Gene Autry, Bing Crosby, Billie Holiday, Roy Rogers, Ginger Rogers, Shirley Temple, and Ethel Waters. Huddie Ledbetter (known as "Leadbelly," 1885–1949), an African American singer, wrote songs about the experiences of African Americans during the 1930s. He was considered by some to be the king of the 12-string blues guitar. Some of his best-known songs are "Cotton Fields," "The Midnight Special," "Rock Island Line," "Take This Hammer," and "Goodnight Irene."

The Dust BowlThe Dust Bowl was a name given to the Great Plains region devastated by drought in the 1930 depression-ridden America. When drought struck from 1934 to 1937 the water levels of the lakes dropped drop five feet or more. The wind picked up the dry soil that had nothing to hold it down. Big black clouds of dust began to block out the sun, and the dust drifted like snow darkening the sky for many days. The primary impact are of the Dust Bowl was on the Southern Plains but the drought, dust, and agriculture decline was felt there also.

Three Reasons the Stock Market Crashed 1) International Debt~ after WW1 most of the European countries owed a lot of money to American banks. These loans so high, the countries could not pay them. The American government refused to lower or forgive the debts so the countries began to borrow moneyq to pay off their debts. However, as the American economy began the slow down the European countries began to find it difficult to borrow more money. But, at the same time the U.S. Had high tariffs so that the Europeans couldn't make any money selling their products in the U.S. markets. The countries began to default on their loans.2) There were a large number of banking failures during the Depression. Additionally banks that did not fail did suffer. The banking system was not prepared for the shock of a major recession. Many academics believe that the government failed to take the appropriate actions to restore stability to the banking system and to calm people's fear about the possibility of bank failures.3) While not a direct cause of the Great Depression, the drought that occurred in the Mississippi Valley in 1930 was of such proportions that many could not even pay their taxes or other debts and had to sell their farms for no profit to themselves. The area was nicknamed "The Dust Bowl." This was the topic of John Steinbeck's The Grapes of Wrath.

FDR was born on January 30, 1882 to an old Dutch family from upstate New York. His wife was Elenore Roosevelt, whom he had 6 kids with. There names were, Anna Roosevelt Halsted, James Roosevelt, Franklin Roosevelt, Elliott Roosevelt, Franklin Delano Roosevelt, and Jr.John Aspinwall Roosevelt. He was an American statesman and political leader who was the 32nd president of the U.S. He won four elections from March 1933 until his death in 1945, on April 12.

Franklin Delano Roosevelt


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