The United States And The Great Depression Essay - 1167 Words

The United States was forever changed during the 1930s. The United States had just come out of a period of unprecedented wealth. Farmers had abundance of crops, many were investing all of their paycheck into the stock market, and banking-business practices had not changed since the Industrial Era. Many of these factors contributed to the Great Depression. Americans felt as if they were immune to any economic downturn; however by 1932, one in four American â€Å"breadwinners† were out of work. On October 24th, 1929, the United States stock market crashed, setting the stage for the worst economic decline the US has ever seen, changing us as a society. A photographic essay was compiled by Cary Nelson, from the University of Illinois. This essay perfectly captures what you cannot see or read from any textbook. Photos allow us to see in a way that seems more real, one that conveys an emotional response. One of the photos that caught my attention would be of the men staring inside the closed World Exchange Bank, with police standing guard. Up until this point, many Americans earned their living, they supported their families and food was on the table. This photo demonstrates how desperate men were, in order to provide for their families. The thought of stealing money in order to have food for their family, conveys how difficult the depression was. The threat of stealing was so large, that the bank hired police just to stand outside and watch. In a similar article written by Edwin F.Show MoreRelatedThe Great Depression Of The United States857 Words   |  4 PagesThe United States has been through many wars and confrontations with oth er countries since its founding in 1776. Many lives were lost and many names forgotten. World war two was one of those wars. â€Å"The good war† as they called it, was a fight that was fought between the leading powers of the world. 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So, the stock market crash in the United States caused businesses toRead MoreThe Great Depression Effects On The United States2949 Words   |  12 Pagesâ€Å"The Great Depression was the most severe, prolonged economic crisis in American History. It displaced thousands of families, created hardships for millions of people, shaped an entire generation, and reshaped the way Americans viewed the role of their government,† (Cravens). Although the Great Depression had devastating effects on the United States, its impacts on family life and structure were the most devastating. Children had to take on more responsibilities by attempting to find jobs in a marketRead MoreCauses and Effects of The Great Depression in the United States1238 Words   |  5 PagesThe Great Depression is a defining moment in time for not only American, but world history. This was a time that caused political, economical, and social unrest. Not only did the Great Depression cause a world wide panic, it also caused a world wide crisis unlike any before it. This paper will analyze both the causes and the effects of the Great Depression in the United States of America. One cause of the depression is the effects of World War One. World War one had many devastating effects onRead MoreThe United States Economy During The Great Depression1464 Words   |  6 Pages The United States economy has never been as great nor as equal as it was during the late 1940s-1970s, a period commonly known as the Great Compression. It is extremely ironic that the United States economy boomed and strived after only a few years succeeding the Great Depression. One may ask what stirred this dramatic change from a damaged economy to one that was striving and strong in so little time. To answer this question, one must look closely at the history of the United States economy. To