Why Is The Great Depression In The 1930s

Federico Garcia Lorca once said, “I was lucky enough to see with my own two eyes the recent stock-market crash, where they lost several million dollars. Never as then, amid suicides, hysteria, and groups of fainting people, have I felt the sensation of real death, death without hope, death that was nothing but rottenness, for the spectacle was terrifying but devoid of greatness.” In the 1920s, the United States was buzzing with energy. It is often referred to as the “Roaring ‘20s”. Everything was great, up until about October of 1929. In October of 1929 the stock market started to crash. At first, no one was worried because the stock market levels were so high, that it was good for a break to finally come. But as the stocks continued to drop
Many police officers lost their jobs, making it harder to protect people, and easier for criminals to run about. Crimes increased throughout the 1930s because of this. Well-known criminals during this time included Al Capone, Bonnie and Clyde, Machine Gun Kelly, “Baby Face” Nelson, and John Dillinger. Al Capone was a known mobster who was involved in every aspect of street crime, including bootlegging, murder, and tax evasion, but he was only tried and sentenced for income tax evasion. Bonnie and Clyde committed thirteen murders, and several robberies and burglaries. They were later killed in 1934.Machine Gun Kelly committed bootlegging, bank robberies and kidnappings. He was caught and brought into custody in 1933. He was sentenced to life in prison. “Baby Face” Nelson was sentenced for committing bank robbery, but he later escaped from prison. John Dillinger led a gang called the Dillinger gang or Terror gang, who is thought to have robbed twenty-four banks and four police
Unemployment was on the rise, people had trouble surviving, consumers now had no money, the rich and the stockbrokers started to panic and try to sell their stocks, crimes were on the rise, and two different presidents had different ways of fixing the problem. It was like a domino effect leading up to the Great Depression. One problem caused another, and it kept going until there was nothing else to ruin.When Franklin D. Roosevelt became president, things started going back to the way things were before. If Herbert Hoover just passed the bills instead of vetoing every single one of them, the depression would have been over a lot sooner than it did. There was no executive action taken until the late