The Great Depression

The long Depression American History 06/07/2012 The great opinion was a time of debt. The depression caused many families to build family problems that started with the injustice of jobs and the need of m maviny. I choose this topic because it is a historical arcsecond in history. The year was 1929. This is the start of the biggest field of study crisis since the civil war. The Great Depression had important consequences and was a destroy thus fart in America, however many honourable policies and programs became available as a result of the great depression, few of which exist even today. The stemma market was very universal in the 1920s, and was said to be an easy way to remove money. When the stock market crashed each(prenominal) who has invested lost their money. An economic catastrophe of major proportions had been building for years. American citizens were panicking from the news, and the bank lines started to grow. This lead to banks foreclosing farm mortgages and by the early thirties thousands upon thousands of American farmers were extinct of business. At the judgment of the depression, in 1933-1935, one American worker in all four was out of a job. It was a time when national and state officials were heretofore developing work programs for the unemployed.

Citizens were starving and most did not have food, water or even a home. Some even build tents for shelter. Free food was provided to those who needful food and drink, at that place were always huge crowds and massive lines for the food and drink. When the Depression began, in that respect wa s no federal relief for the unemployed or ! economic aid for families set about starvation. Some states operated relief programs but curtailed them due to declining tax income revenues. sacred and charitable organizations provided relief in many urban areas; however, in many of these organizations operating in the North as salubrious as the South, there was a lot of favouritism and racism, which excluded African Americans. President Herbert Hoover, underestimating the seriousness of...If you want to get a climb essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper