Cause And Effects Of The Great Depression
The Great Depression was one of the world’s largest impacts; which is what inspired me to write on this topic. So many people lost so much, & so many lives were destroyed. For ten years, a lot of families went through stress. Due to this, crimes were beginning to be committed. This shocking event began in October 1929.
It happened to be the deepest and longest lasting ‘economic’ downturn in history. Bank failures were one out of the few reasons the Great Depression occurred. “The Fed’s mismanagement also led to the Great Depression,” (Investipedia.com). Saving and account were erased accidentally in banks of those who weren’t invested in stock markets. Basically, everyone’s hard work went to waste. By March 1930, “More than
3.2 million people are unemployed, up from 1.5 million before the October, 1929 crash.” (PBS.org) Families and independents began to worry about money and food. There were major finance issues and the world was turning upside-down. People began to get out of control. The governments, including large companies, were lacking in money.
During the Great Depression, there were many different forms of crime. There were minor ones, such as; stealing watermelons and overturning outhouses. According to ‘Livinghistoryfam.org’, “there were the [major] problems with illegal fishing. Nowadays, rods and reels are the regularity materials for fishing. In the year of 1932, folks used their bare hands to fish. This was called ‘stump fishing’ and happened to be illegal. People thought stealing enough food could help feed their families. Violence occurred in arguments between families, and a lot of people were fighting over meals and money. This went on for a few more years, as banks did not begin to improve, until the year of 1939.
During World War II, people began being sent into the military for training and war. This event took care of 1 million of the United States, that were unemployed. A lot of Americans used this event, as to the cause that ended the Great Depression. There was finally peace, and people were getting along again.
The Great Depression had a big impact on life, today, from 1929 to 1939; and made me very courageous to research this event.
It happened to be the deepest and longest lasting ‘economic’ downturn in history. Bank failures were one out of the few reasons the Great Depression occurred. “The Fed’s mismanagement also led to the Great Depression,” (Investipedia.com). Saving and account were erased accidentally in banks of those who weren’t invested in stock markets. Basically, everyone’s hard work went to waste. By March 1930, “More than
3.2 million people are unemployed, up from 1.5 million before the October, 1929 crash.” (PBS.org) Families and independents began to worry about money and food. There were major finance issues and the world was turning upside-down. People began to get out of control. The governments, including large companies, were lacking in money.
During the Great Depression, there were many different forms of crime. There were minor ones, such as; stealing watermelons and overturning outhouses. According to ‘Livinghistoryfam.org’, “there were the [major] problems with illegal fishing. Nowadays, rods and reels are the regularity materials for fishing. In the year of 1932, folks used their bare hands to fish. This was called ‘stump fishing’ and happened to be illegal. People thought stealing enough food could help feed their families. Violence occurred in arguments between families, and a lot of people were fighting over meals and money. This went on for a few more years, as banks did not begin to improve, until the year of 1939.
During World War II, people began being sent into the military for training and war. This event took care of 1 million of the United States, that were unemployed. A lot of Americans used this event, as to the cause that ended the Great Depression. There was finally peace, and people were getting along again.
The Great Depression had a big impact on life, today, from 1929 to 1939; and made me very courageous to research this event.