The 1930’s was a really hard time for many people; it was considered the Great Depression. But for radio it was the Golden Age. The radio was a great diversion from the terrible economy. Not only was radio a great source of entertainment‚ but it also provided relief from the depression and connected the home front with the war. There were many different “shows” broadcasted on the radio‚ there was a vast category of genres‚ such as drama (soap operas)‚ action/adventure‚ and comedies. It wasn’t just
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The Great Depression was a very low point in economics which occurred from 1929 to 1939. According to History.com this event has been labeled the longest downturn in the history of the industrialized western world‚ which in total is 10 years. The Great Depression started with the stock market crash of October 1929. This was one of the most destructive stock market crashes‚ the market lost about 30 billion dollars in two days (Corwin). This economic crash must have shocked and devastated so many people
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Coolidge had once said in 1932‚ “In other periods of depression‚ it has always been possible to see some things which were solid and upon which you could base hope‚ but as I look about‚ I now see nothing to give ground to hope—nothing of man." This quote shows that the Great Depression was not going to be similar to any depression that had occurred and the recovery was going to be much more difficult. It also shows how discouraging the Great Depression was because everything was in ruins and there were
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What caused the Great Depression The Stock Market Crash reflected an economic weakness that proved to be fatal : over confidence in the stock market . Americans found the stock market an avenue for productive investment because of the rapid growth in the stock market . In the belief that the value of stocks will continue to rise ‚ and they can earn a profit from it ‚ even the less fortunate gambled on the stock market . Investors paid only a small part of the price and borrowed the rest ‚ gambling
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The Great Depression From 1929 to 1941‚ the United States suffered through its greatest economic crisis in its history. Millions of people lost their jobs and went hungry. At this time‚ it was unclear whether the United States would ever recover. From the Great Depression origin of the 1929 stock market crash to its conclusion at the start of World War II‚ our country and its people will never be the same. The effects of the Great Depression can still be felt today. The stock market crash
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What did Communist philosophy look like in the 1930’s in the United States (US)? Communism was looked down upon by Americans. In Hollywood‚ a group of “Anti-Communists” created an association against the philosophy called the House of Un-American Activities Committee (HUAC). The committee was designed to investigate those who were believed to be communists‚ normally film stars‚ according to their unfaithfulness towards answering certain questions during an inspection. Who was in charge of the
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The Impact of The Great Depression Depression can be defined as “a long and severe recession in and economy and market.” Although‚ the market was rushed into a depression‚ Americans faced the effects. Poverty attacked the lives of Americas witch led to many issues‚ such as crime‚ sorrow‚ and loss of homes. Bad credit instability and the inability to pay back loans resulted in loss of homes and land. Families of numerous numbers lived away from civilization with limited supplies. Picture 5‚ shows
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Throughout the 1930’s many people in the United States had to suffer though a Great Depression that caused many Americans to lose many things‚ starting from their jobs to even their own pride in themselves. How ever this was different for the people who lived in the south‚ the southern people were not only just affected by the Great Depression they were also affected by heavy racism and strongly enforced Jim Crow laws. With the enforced Jim Crow laws‚ these laws heavily restricted the life of a colored
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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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Imperialism and Globalisation: The World Economy since 1800’ Professor John Singleton Compare and contrast the response of economic policymakers to the Great Depression of the 1930’s and the Great Financial Crisis today. Essay 2 10/1/13 Word count: 2‚299 The financial crisis that began in 2007-8 was the first time since the 1930’s that both the major European countries and the US had been involved in a financial crisis. In comparison‚ the disastrous 1931 banking crisis involved countries
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