Great Depression Dbq

The great depression in the US, which began in 1929, and ended in 1938 was caused by many different things all happening at the same time in the economy. The wall street crash in October 1929 was one of the main causes, when the stock markets crashed. This was caused by many things, but the main reason for it was a deflation (which is an event where the general level of prices in an economy are reduced) On October 24th (black Thursday), share prices dropped by 14 billion dollars in a day, and more than 30 billion in a week. This forced many of the banks to close, due to them investing their client’s savings in the stock market.

Some might be wondering, what caused the Great Depression? Well, the Great Depression arrived in 1929. American citizens were out of work and didn’t want the government's “charity”. Stock market crashes, supply and demand, and contractions are some of the causes that can be found throughout the Depression.

As you may know, The Great Depression was one of the worst economic downturns in U.S. history. There are many debates on what caused The Great Depression some examples are, corporate leaders blame the depression on the result of a lack of business confidence in businessmen and how they were reluctant to invest because they feared the government regulations and high taxes. The Hoover administration blamed international economic forces therefore which should stabilize the currency and debt structure. New dealers argued that the depression was due to under consuming and that low wages and high prices had made it difficult to find a product of the international economy and that the lack of determination had led to economic collapse. But I also believe that the main factor of the Great Depression was the stock market crash of 1929.

The Great Depression was an economic crisis in the United States from 1929-1941. The Stock Market Crash was one of the primary reasons that caused the Great Depression. The Stock Market Crash was caused by too many people withdrawing their money from banks at the same time. This happened because they heard that banks were going to close and they didn’t want to lose their money because of that. Banks needed people’s money to use for investments and since they didn’t have any, banks began to close.

The Great Depression started in 1929-1939 and lasted for a decade. The cause of the Great Depression was the market crash. Americans were eager to get rich quickly so they started to buy stocks on margin but the plan backfired. Investors began to worry that the stock prices would fall so they began to sell off their stocks. Those who lent money depended to repay their loans.

The New Deal created many of things for the Americas, but one of the most important things it did for the Americans gave them an opportunity to be employed. In document D, one program, Works Progress Administration or WPA, states it employed 8.5 million in construction and other jobs but more importantly provided work in art, theater, and literary projects. The New Deal was very successful in employing citizens, in 1937 the unemployment rate was at 9.1% comparing that to in 1932 when it was at 20.6% that was an 11.5% drop in five years ( Document E). Another program that helped unemployed men were the CCC, the CCC sent “250,000 young men to work camps to perform reforestation and conservation task.(Doc D)” This was beneficial to both parties, America and the unemployed, because it removed the surplus of workers from cities provided healthy conditions for boys and provided money for families.

The New Deal was a series of programs and policies, known as Alphabet Agencies, applied throughout the US. Roosevelt’s first new deal focused on reform and his primary aim was economic recovery as he focused on businesses. There were many such as FERA, CCC, CWA and the Agricultural Adjustment Act (AAA) where Hoosevelt aimed to reform to cut overproduction which was successful as farm incomes rose from $4.5 to $6.9 billion in 1932 and 1939 respectively. However, the act controlled the supply and demand of the agricultural industry, also triggering a migration of marginal farmers in the South and Midwest to northern cities and California. His second New Deal focused on a permanent reform such as the SSA, NLRA and Works Progress Administration (WPA) which was the main federal relief agency.

The labor reforms, including the National Industrial Recovery Act and the National Labor Relations Act, protected the rights of workers and reduced labor tensions, which helped to stimulate the economy. Although the New Deal was not without its critics, it remains one of the most important and influential policies in American history and its legacy continues to shape American society and the economy today. The New Deal served as a crucial turning point in American history, showing the power of government to help people in need and providing a framework for addressing the economic and social challenges of the

To help the American people, he decided to create several programs, together known as the New Deal. According to text 3, some of these programs include the Emergency Banking Bill of 1933, the Civil Conservation Corps, and the National Industrial Recovery Act. All these programs helped thousands of lives through the Great Depression. Roosevelt’s panic during the Great Depression shows the drastic effect it had on the

Causes The Great Depression’s main cause is thought to have been the 1929 stock market crash.

The Glass-Steagall Act created the Federal Deposit Insurance Corporation (FDIC) which ensured bank deposits up to $2500. The Securities and Exchange Commission (SEC) was also created to regulate stock market practices. The New Deal was also successful in promoting recovery from the Great Depression. The Works Progress Administration (WPA) provided work for millions of Americans through public works projects.

During the Second World War, the United States experienced considerable domestic change to women in the nation's industriousness and the role the federal government played in racial wedges. Domestically, the war brought about sweeping changes to American life that would have long-term effects. Although African American relations improved crucially, they continued to face hardships which inevitably advanced to Japanese- Americans as well because of the racial tension provided by the war with Japan. During this war as the men fought, the women gained more control overall in nation affairs but also the country’s production; rapidly advancing how much was made but tipping the balance of who could use such advancements. Women played a crucial

Women played a significant role in the war effort, taking jobs in factories and other industries to replace men who had gone to fight. This experience gave many women a new sense of independence and led to the feminist movement in the 1960s. Minorities, particularly African Americans, also participated in the war effort but faced discrimination and segregation in the military and in the defense industry. Organized labor gained new power during the war, as the government granted them more rights and protections to ensure that there would be no labor disruptions that would hamper the war

The three main causes of the great depression are the stock market crash, the banking crisis, and overproduction. The first cause of the Great Depression was the Stock Market Crash because it affected a lot of businesses in America and that resulted in unemployment. In the document “Everybody Ought to be Rich” it states “If he invests in good common stocks and allows the dividends… to accumulate, will at the end of twenty years have at least

Which lead people to gain money and mortgages that they couldn’t afford causing steep amounts of debt. With low levels of employment it made it far much more difficult to pay off their debts(Document