The Great Depression struck the United States in 1929‚ caused by overproduction and weak banks. Overproduction was caused by people manufacturing more than people could buy‚ this forced wages to drop‚ closed businesses and allowed debts to rise. Banks became weak because they gave loans to unsteady sources and gave loans to people who invested in the stock market‚ yet when the stock market crashed‚ the investors could not pay back their loan and took on debt. This forced banks to close and fire workers
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The ‘Scottsboro Boys’ is a reference to one of the most famous series of trials in 1930’s. The story surrounding the Scottsboro cases involves nine young African American boys and their alleged gang rape of two white women: Victoria Price and Ruby Bates. This highly questionable rape accusation would spark unprecedented amounts of trials‚ convictions‚ reversals‚ and retrials. Because of these trials‚ celebrities were made from anonymities‚ careers were launched and ended‚ lives were wasted‚ heroes
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causing the injured to bleed severely. There has been a ton of different ways to try and stop bleeding throughout the years. Diluting snake venom was used to clot blood in the 1930’s. The venom would be milked from a viper and then diluted. The venom reacts to a protein in human blood that clots immediately. In the 1900’s‚ the life expectancy for hemophiliacs was 13 years old because there was
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The 1930s was an era of the American culture that was covered in darkness. The economy was in shambles. Unemployment was at an unprecedented high and poverty ran rampant throughout all races and social classes. With many Americans investing all of their finances into the stock market‚ its crash led to the crushing of people’s livelihoods. Wall Street was the center of life of the country and with it crippled‚ all other aspects of life fell apart consequently. Unemployment reached over 25% and there
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Art as a Relief During the Depression Before the Great Depression‚ art consisted of modernized subjects and works that caused questions‚ while art produced during the Depression was more realistic and provided relief for American citizens. The Crash of 1929‚ affected everyone in America‚ whether they had money or not. During the Great Depression‚ art movements such as American Regionalism and Social Realism altered the way people looked and felt about art and gave people a certain relief from viewing
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MARKET ECONOMY | PLANNED ECONOMY | * The market economy is not run by a high authority. Instead it is run by many individuals regarding production‚ consumption and work. * The market is free and prices can be of a wide range * The market economy is intended for a middle/upper class. This is because people can earn as much money as they want‚ upper class people don’t have to distribute a profit evenly. * The theory of the market economy is to give people the capability to earn as much
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Responses During the Great Depression‚ Canada’s federal governments were slow to respond effectively to the crises that were provoked. Mackenzine King’s government (1925-30) felt it was best to leave the problems alone; he believed in laissez- faire‚ in other words the economy would get fixed on its own. King was impassionate in balancing the budget and a limited government role. He also believed that the downturn was caused by the business community and an adverse climate cycle‚ which led to the drought
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change and ways change every day. Imagine what could happen over a series of years. Let’s think back to America in the 1930’s. The white race would treat the negro race very poorly‚ there was lynching‚ false accusations of blacks‚ and public segregation. Many books about this time were written to show how racist the whites were to the blacks. Racism and segregation in the 1930’s was crueler than in the book "To Kill a Mockingbird” written by Harper Lee. Blacks and whites were kept separate in
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The depression could not have come at a worse time. I am a farmer with three children‚ and nothing to provide with. Before the depression we lived comfortably‚ we were not rich‚ but we had enough to live on. By 1930 though‚ everything changed. The rain had failed to come that year‚ and as a result‚ my crops failed. It was humiliating having to receive charity in order to eat. I always thought of myself as the provider for the family‚ and now‚ I couldn’t provide. We had to live frugally‚ selling the
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The Great Depression was a notoriously detrimental consequence of risky financial management‚ insufficient distribution of income‚ lack of government policy‚ and economic protectionism that preserved throughout the preceding years of 1929. With a dramatic shock to the stock market‚ the United States was the victim of a total economic collapse—the most severe decline of the modern industrial world. Throughout the 1920s‚ the stock market upheld substantial price increases because of the ideology of
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