The Great Depression was the deepest and longest-lasting economic downturn in the history of the world. After the stock market crash of 1929‚ the American economy plummeted. This was devastating for many families. Thousands of people were out of their jobs‚ and left to starve on the streets. Many were forced to simplify their wardrobes‚ problems in the education systems arose‚ and the banking system was destroyed. People turned to the government to help them out of their problems. Hoover and FDR
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United States‚ Soviet Union‚ Great Britain‚ France and others‚ and the Central powers‚ who were‚ Germany‚ Italy and Japan and others. World War 2 was the first war to have chemical and biological warfare‚ so in one attack millions of people could die. World War 2 started during to a variety of things. The Great Depression clearly influenced World War 2. The United States was lending money to some countries in Europe to help them In the war‚ but with the depression they stopped. Germany needed
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Beginning with the Wall Street stock market crash of October 24‚ 1929‚ the Great Depression was a time in United States history that continued for a much longer period than panics the country had experienced before. Although the unemployment rate vacillated for the following decade‚ it was highest in the recession of 1937. Franklin D. Roosevelt was the man the people of the United States called upon in order to pick up the copious economic and social problems left behind by Herbert Hoover. Roosevelt
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Throughout the years of 1929 to 1939‚ there was a world wide Depression. Canada was one of the countries that was most affected. Financially and economically the country began to collapse regardless of what was done by political power. The Great Depression‚ also known as The Dirty Thirties‚ wasn’t like an ordinary depression where savings vanished and city families went to the farm until it blew over. This depression affected everyone in some way and there was basically no way to escape it. With
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The Start to the French Depression: Another country that suffered just as much as the United Kingdom had was France. Causes of their downward spiral were due to an underdeveloped economy. France’s industry was far inferior to Great Britain’s‚ particularly in farming. Tourism was also a big part of France’s economy‚ and during this time‚ many individuals simply did not have the money to travel around the world. France‚ like the United Kingdom‚ also suffered to recover from World War I. While not
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Throughout history‚ disasters have always happened. There have been natural catastrophes and man-made fiascos‚ among others. The Great Depression was a financial woe that affected everyone; rich to poor. Many events contributed to this debacle. There was a false sense of prosperity‚ a global crisis‚ and investors spending wildly. Eventually‚ all of this led up to the stock market crash of 1929. Banks failed‚ and people stopped spending in the fear that they would lose all of their money. Since no
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How did the depression in Germany (1929-1933) affect different social groups? The great depression‚ a huge economic slump caused by a crash in the American stock market‚ had a global effect on a large number of countries‚ especially those who manufactured food and raw materials.1 Germany was in a particularly bad place financially after world war one and had been borrowing a large amount of capitol from the US to repay their allies and when the stock market crashed they were unable to continue
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collapse was not as sharp as that in the United States‚ but was the second sharpest collapse in the world. Canada did have some advantages over other countries‚ especially its extremely stable banking system that had no failures during the entire depression‚ compared to over 9‚000 small banks that collapsed in the United States. Canada was hurt badly because of its reliance and other commodities‚ whose prices fell by over 50%‚ and because of the importance of international trade. In the 1920s about
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The Great Depression -The Great Depression - Many European States hoped to return to Market Economy. -Reparation and war debts had damaged the postwar international economy. -The prosperity between 1924-1929 was very fragile. -The thought of returning to a self-regulating economy was merely an illusion. -The Great Depression was what killed the concept of returning to a self-regulating economy. -There was 2 factors that played a role in the coming of the Great Depression: A downturn
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Jenny Nguyen Mr. Martin English 1C Period 4 18 April‚ 2013 The Treatment of Women in the Great Depression The world’s most life corrupting stock market crash that occurred between 1929 to 1945 was the most largest economy slump America had to over come in history. As the crash erupted‚ it spilled to not only America‚ but also nearly half of the world and changed everyone’s life that happened to have gotten caught into it. The endless percentage drops of the unemployment rates and
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