One of the most devastating, tragic, and hard fought events in United States history was the Great Depression. This had brought one of the greatest and strongest of countries to its knees. I believe there are three main reasons that contributed to the economic collapse of the United States. New York stock Market crashed, The Dustbowl, and thousands of migrants move to the Northwest. But there are also three causes that helped U.S. recovered from this tragic event. They were Roosevelt’s New Deal, Grand Coulee Dam, and World War II.
The Great Depression began with New York Stock Market Crash in 1929; it lasted through the 1930’s. The banks closed first and many banks had invested recklessly in stocks. Stocks became worthless and banks lost their money. People who had saved money in banks became broke. Many factories and businesses closed because no one had money to spend on anything. Thousands of workers lost their jobs. Also” United States President Hoover did not have a workable plan to help end the depression”, Said in “Washington in the Pacific North West”. So many people blamed him for not doing his job. Homeless people built housing developments out of scrap lumber, metal, and cardboard and called them “Hoovervilles” (Green 146).
One of the biggest droughts in U.S. History came to the Great Plains States in 1928 and went on for twelve years. Strong winds had turned Dry farm regions into an enormous Dust Bowl. The drought reached the Pacific Northwest; “Clouds of topsoil from the Colombia Basin were able to be seen by ships, hundreds of miles off the Washington Coast” (Green 147). Crops rotted in the fields because the cost of harvesting and shipping them to markets would be greater than their sale price. In Oregon, thousands of sheep were slaughtered and fed to buzzards and coyotes because the money farmers could get for the meat and wool were too low to make a profit. In Washington, some farmers burned fruit trees for fuel.
Migrants by the thousands loaded up there old rundown cars and went down the highway never to return again. Many people in the Northwest, like Washingtonians, were shocked that people from the Great Plains thought that was the land of opportunity with such harsh conditions. Most traveled Highway 66 that went all the way across the country; many then took highway 30 to Oregon and Washington. By 1940, more than 400,000 migrants had followed Jim Emmett to the Northwest. But sadly not every migrant found that “promise land” (green 148), many were only able to make only a bare subsistence living as fruit and vegetable pickers.
To end the Great Depression someone had to take charge. It started 1932, it was a presidential election year and the Democrats chose Franklin D. Roosevelt as their candidate. FDR won the election and pledged himself and his party to a “New Deal” (green 149) for the American people. He viewed the Northwest, with its small population and abundant natural resources, as a “last frontier” of undeveloped places. He wanted to use the forested and rivers wisely. FDR and congress created a New Deal programs to put people back to work. The most popular New Deal was the Civilian Conservation Corps; young men from every part of the nation were stationed on camps throughout the Northwest. They would earn about $30 to $45 a month, and received good food, education, and discipline. Another New Deal program was the works progress Administration (WPA). The WPA hired musicians, writers, historians, and artists.
The Pacific Northwest started the Grand Coulee Dam by receiving money from the New Deal. This dam was to provide waterpower energy for the pacific North West. Immediately this gave a lot of new jobs for Washingtonians to construct the Coulee Dam. There were about seven thousand men from all over Washington working on this Dam. “When construction of the dam began, the town of Grand Coulee sprang up from the desert says “(Green 150). The Bonneville
July 25, 2013 The Great Depression The Great Depression was a big tragedy that left a lot of Americans out of work and hungry. It affected many people’s lives and a lot of people suffered and even died. The depression lasted roughly 12 years. Many believe that the Federal Reserve Board had many failed policies. They caused a shrinking of the money supply that made economic conditions worse. The stock market crash on October 29, 1929 signified the beginning of the depression and lasted until…
The Great Depression was a very complicated economic depression which had many factors contributing to it. To pinpoint the exact causes of the Great Depression is so complicated because all the factors relied on each other. When one thing went wrong, other things were soon to follow. Over production and under consumption, the stock market speculation, and the inequity of wealth distribution would be considered majors causes that led to the Great Depression. The over production and under consumption…
The Great Depression Table of Contents Final Draft Sources Pictures The Great Depression was a severe worldwide economic depression in the decade before World War II. The timing of the Great Depression varied across nations. But it most countries is started in 1930 and lasted until the late 1930s or middle 1940s. It was the longest, deepest, and most widespread depression of the 20th century. The Great Depression is commonly used as an example of how far the world's economy…
Many people were affected by the Great Depression. After the stock market crash in 1929, the country changed in a lot of way. Many people lost their jobs because of this downturn in the economy. During the Great Depression practically every person had to adjust to a different way of living than what they were used to. This tells how life changed for all Americans. During this time many children didn’t receive education because many communities had to close their schools down during the 1932-1933…
The Great Depression was a worldwide event that was an economic meltdown. Most people agree that the beginning of the Great Depression was Black Tuesday on October 29, 1929. According to Taylor, on that particular Black Tuesday, “the Dow Jones Industrial Average fell almost 23 percent and the market lost between $8 billion and $9 billion in value.” During this time, there was widespread unemployment, homelessness, a major drop in industry, debt deflation and an 89 percent drop in stock prices…
or have learned something about the great depression and the effects it had on the United States. There are a list of issues the created the great depression, but have we actually thought about it, and tried to understand it before? In the 1920’s the American economy was going strong, for the most part, and the vast majority of Americans had witnessed economic growth, however, stock prices fell, more and more issues arose, and then came the great depression which created uneven distribution of wealth…
Mr. Santomenna APUSH February 14, 2013 The Great Depression and the New Deal The 1930’s was one of the lowest points in American history. The stock market and economy was at an all-time low. As many Americans began selling their stocks, the market plummeted. This caused many people to lose their money and investments due to them buying on margin. During the election of 1932, President Hoover was removed from office and in came Franklin D. Roosevelt. Roosevelt went to work right away and passed…
Akins The Great Depression As we all know, the Great Depression was a severe economic depression. It was world wide and happened in the years before World War II. The greatest of despair for the community that I live in was the years from about 1930 until 1934. My family has lived here forever, just above Tellico Plains in the mountains is a little community called Coker Creek. This is where my family has lived for years and years. Even at the time of the Great Depression. Including my Great Aunt Lucille…
The Stock Market Crash of 1929 led the United States into one of the most unforgettable time periods in history- the Great Depression. During this economic disaster, political, economic, and social institutions were in turmoil. In attempt to solve the corruptions brought about by the Great Depression, actions were taken by the government, various groups, and subtly by individuals. Unemployment levels in the United States reached as staggering 25%. This rate was so high due to the decrease in consumer…
Causes of The Great Depression Fundamental cause – contraction in spending i.e. aggregate demand. Decline in production as inventory level at manufacturers and merchandisers increased. Transmitted to rest of the world mainly through the gold standard. Variety of other factors also fuelled the downturn in various countries. Major causes are discussed here. Stock Market Crash Decline in output occurred in the U.S. during the summer of 1929. Stemmed from tight U.S. monetary policy aimed at…