The Great Depression was a terrible stock market crash known as Black Tuesday. This occurred on the day of October 29‚ 1929. On Black Thursday stocks dropped 11% and regained 2%. But then on Black Tuesday it dropped another 11% which caused everyone to be scared. The stock market crash was the main reason of America’s great depression. There was also the Dust Bowl which was the major drought that mainly affected the states of Texas and Oklahoma. It also touched the adjacent sections of New Mexico
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The Great Depression. The Great Depression began in 1929 and continued throughout the 1930’s. This depression represented the fall of liberalism through aspects such as: tariffs‚ trade wars‚ credit‚ borrowing on the margin‚ and so much more. These characteristics of the depression represented the downfall of liberalism and challenged the liberal assumptions of the world. It made people hope to achieve relief through favoring alternatives such as socialism and fascism. One facet of The Great Depression
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THE DIRTY THIRTIES AND THE GREAT DEPRESSION KEY TERMS: Stock markets: when you buy for little but sell for more Stick markets collapsed: on Black Tuesday (October 29‚ 1929)‚ the stock market crashed in the USA • as the values of stocks plummeted‚ investors scrambled to sell their stocks (as more people sold stocks‚ the prices of the stocks decreased further) Buying credits: • many people used their money borrowed on credit to buy items • when items were repossessed‚ they were sold for
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The great depression was a very hard time for many people throughout the United States. Cities all over were hit very hard and many people suffered very deeply. The industry was collapsing and over time less and less stuff was being manufactured‚ the construction business was going into a big decline. Farmers were also having a hard time since most of their crop prices were hit very drastically. Eventually the economy went into a huge depression that left millions of people unemployed and struggling
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Several things caused the Great Depression. The Great Depression was a rough time in American history that started in 1929‚ when the stock market crashed‚ and it ended in 1939. During the Great Depression‚ around 6‚000 vendors roamed the streets‚ in their effort to sell apples for $0.05. The crash of the stock market is one factor of the Great Depression. On a day known as "Black Thursday"‚ around 13 million shares were traded. Five days later‚ over 16 million shares were traded‚ which caused millions
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on the Underground Railroad. Harper Lee was born in 1926. She grew up during the Great Depression when all of these horrible events‚ plus others happened. Harper Lee wrote To Kill a Mockingbird‚ which was influenced by the events that occurred in her lifetime. Some of these events included the Scottsboro Trials‚ the Emmett Till murder‚ and the Great Depression. First‚ Harper Lee had many ways to
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These two presidents are almost total opposites in their morals‚ political views‚ and their beliefs on how to stop the Great Depression. Herbert Hoover was a faithful family man‚ as far as we know‚ and is viewed as one of history’s most incompetent presidents. They named the shantytowns that they had to live in during the Great Depression Hoovervilles after his failure to stop the Great Depression. FDR had a mistress that he cheated on his wife with every chance he got and is believed to be one of
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What Caused the Great Depression? The Great Depression‚ one of the most significant events in American history‚ occurred immediately after a time of great prosperity in the US‚ The Roaring Twenties‚ and was caused by a number of factors. Immediately following WWI the US economy began to experience a boom in growth and production. Most of Europe‚ the former capital of world commerce‚ was destroyed as a result of WWI which made the US the biggest exporter of goods on the planet. With the US now
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The Great Depression In Harper Lee’s novel To Kill A Mockingbird‚ the characters face many challenging problems. They face racism‚ learning about courage‚ and The Great Depression. In the opening chapter Scout states‚ “Maycomb was an old town‚ but it was a tired old town when I first knew it… There was no hurry for there was no where to go‚ nothing to buy and no money to it with‚ nothing to see outside the boundaries of Maycomb County. But it was a time of vague optimism for some of the people.
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In the late 1920’s and early 1930’s the Great Depression arose and effected about 99% of American citizens were endorsed into extreme poverty from purchasing stocks with no experience and letting the stock market fall upon them. Most Americans were forced to sell all of their possessions and led them into extreme poverty. The three causes of the Great Depression are Banks‚ Overproduction .vs. Under-consumption and Bad Buying. In the late 1920’s to early 30’s people were constantly buying stocks
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