DEPRESSION Essay -- essays research papers

Advertising.com COSHE.COM uncategorized extensive depressive disorderGreat Depression The Great Depression was a disastrous business slump that change millions of pack throughout the entire United States. It began in 1929 and continued on, to some degree, untilClick Here to Search COSHEs Database AgainGreat DepressionThe Great Depression was a disastrous business slump that affected millions of tidy sum throughoutthe entire United States. It began in 1929 and continued on, to some degree, until 1939. sight losttheir jobs, and families lost their homes. The country was in total chaos. Some believed thatthe States could never totally recover.There were several factors that contributed to the start of the Great Depression. one and only(a) of them wasthe crash of the striving foodstuff. It was 1929, and Republi preserve Herbert Hoover had just been recentlyelected. During the old few years, the stock market had been steadily rising, and everyonewanted their piece of the profi ts. By this time, over 1.5 million people owned stock in several(a)companies. People in every kind of financial situation owned stocks. It seemed that it was an easyway to make money, and most investors were getting rich. The stock market reached its all-timehigh on September 3, 1929. This caused even more people to buy stock. In October of 1929,however, the stock prices slowly began to decrease. This did not bother the stockholders that practicallybecause they just figured that the stocks would go back up like they constantly did. Unfortunately,these predictions were terribly wrong. On the twenty-fourth of October, the stock market plummeted.Shareholders rushed to give their stocks as quickly as possible, but they found no buyers. The 24thcame to be known as "Black Thursday." Five days posterior on that point was a "Black Tuesday." That waswhen more than sixteen million stocks were exchange at a great loss. One stock had dropped from one ampere-second dollar s to only three dollars per share. The President and the bankers tried to assurepeople that there was not a crisis and that it was only a temporary situation, but they could not declarebeen more wrong. When the stock market crashed, it upset the whole economy. Because the stockprices were so low, no one would invest in them. This meant that the large and down(p) companieswho depended on the stockholders support now had major financial problems. Thousands o... .... President Franklin D. Roosevelt had very done what the American people so desperatelyneeded. He helped still the United States from the worst and most devastating depression in the narration of the nation. He had become a national hero, and grew to be so habitual that he won theelection of 1936 by an even greater absolute majority than the previous one. When the United States enteredWorld War II, unemployment nearly disappeared. Industries became busy once again trying to keep upwith the war material orders and man y infantile people entered the armed forces to fight for freedom..The damage from the Great Depression that Roosevelt and his " red-hot Deal" could not fix, the warcertainly did. Several insights can be learned from the Great Depression. Perhaps the biggest one isthat the United States government can positively influence the economy by creating massiveprograms. Also, that many Americans have the spirit of compassion which is necessary in order toprovide for the slight fortunate. Perhaps the greatest lesson taught was that no matter how big theproblem, there is unendingly hope for a solution, as long as there is determination, devotion, and acommitment to solving that problem.