The Great depression which lasted from 1929 to 1939‚ it was the chain reaction of the stock market crash of 1929. The Stock market crash was when many investors pulled out there shares all at once. There was a “black thursday” where 12.9 million shares were traded‚ and “black tuesday" where 16 million shares were traded. Many of the shares that were pulled ultimately had no value‚ and a majority of those stocks were bought with borrowed money. For example‚ if a person buys 100 shares at $10 a share
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The Great Depression affected everyone. From the kids to the adults‚ everyone’s lives were changed tremendously by the depression. Many people found themselves out of work and trying to . The kids had to deal with changes in their education if they wanted to go to school. The years of the Great Depression were very difficult for those who lived through them. In 1930‚ 2.25 million girls and boys from the ages of 10 through 18 worked in factories‚ mines‚ canneries and on farms to help support their
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In The Great Depression many people lost their jobs‚ and it closed a lot of banks. It was kept in the memories of the people who lived through it. It changed their lives. Some might’ve been scared to lose their house‚ and some were probably scared after they lost their house in foreclosure. I would be scared if I was living in the streets. Especially the kids who lost their homes. The kids would probably be even more scared than their parents. When many companies closed down‚ that meant that all
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The Impact of the Great Depression on America The Great Depression took place during the 1930’s‚ it is a large piece of American history that occurred due to the Stock Market Crash of October 29‚ 1929. The government struggled to fix the Great Depression and Families struggled to survive the major obstacles that were thrown in front of them. The Great Depression had a profound impact on America caused by the events leading up to it‚ life during the Great Depression and the steps it took for
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During the Great Depression ‚ public all around the United States deal with the obstacles and life changing misery .The government was the primary cause of the great depression. The Great Depression may have been avoided if the fed had not so awkwardly mishandle It’s financial policy .Countless public going through experience from low incomes‚ poor living conditions‚ and mental suffering. Before the stock display crash ‚ the democracy was floating on a rash of joy. Peoples’ courage was huge and
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The Great Depression Starting in 1929‚ one of the most devastating events occurred and originated in America. The great depression was a severe worldwide economic depression which lasted until the late 1930s. It was the longest‚ deepest‚ and most widespread depression of the 20th century. The great depression was the result of the stock market crashing‚ which later on wiped out many of investors. This caused steep declines in industrial output and a majority of people became unemployed. Unemployment
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Identification and Evaluation of Sources The Great Depression of the 1930’s was an economic catastrophe in which the American stock market crashed and citizens lost millions of dollars. Near the end of the Great Depression the movie The Wizard of Oz was produced‚ and became a groundbreaking movie about a farmer’s daughter’s search to get home after she was blown away in a twister to the Land of Oz. The time period in which the movie was produced and how well it was received raises the question: how
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WW2 was finally over and the horrors of the Great Depression were gone. People started spending again and started to relax! Men were coming home to their wives and starting new families and it was finally a happy period in the United States. Consumer goods were being produced and we felt like that we finally had power again. However‚ not all of society was feeling happy as to what was shown on television. American society in the 50s was very gilded because of the consumer goods being produced‚ lot’s
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Preceded by the 1920 ’s economic expansion‚ the Great Depression remains the most important crisis of the 20th century in terms of consequences and trauma. With the benefit of hindsight‚ contemporary economics researchers have put many theories forward to explain the mechanisms that caused the depression. It is however necessary to test the validity of these modern macroeconomic views by looking at them through the prism of history. The consensus about the causes of the Great Depression remains today very
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Research assignment The American dream what is the American Dream? The American Dream is the traditional social idea of the United States‚ such as equality‚ democracy‚ and material prosperity. Where did the concept of the American Dream derive from? The dream of life‚ liberty‚ and pursuit of happiness originated with the declaration of independence and still continues today almost unchanged except more people are now included in it. What are some key aspects which relate to living a
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