ipl-logo

Great Depression Dbq

2851 Words12 Pages

The Great Depression

In October 1929, one of the darkest periods of the world's economy began and would not end in most places until ten years later, in 1939. This period was the Great Depression. The Depression, or "The Great Crash", came after the Roaring Twenties’ economic burst and hurt the everyday lives of people around the world and the economy.

It affected foreign affairs, trade, weather, and the economy, and spread all over the entire world. It caused unemployment, poverty, inflation, and much more. It even affected people's everyday lives and families. One nation after another tumbled into a dark and very sudden economic disaster. Even with all the efforts made to fight this unbearable economic crash, the Great Depression had its claws deep in the world.

Causes

The Great Depression’s main cause is thought to have been the 1929 stock market crash. …show more content…

Although some European economies, such as Britain and Germany, had problems with money after the First World War ended. Low unemployment rates and stock prices were up—it was great. Then the depression hit. The major obstacles the crash caused were overproduction, unemployment, and inflation. These just kept pushing the panic and economic debt of the world along with all the rest of the Great Depression’s issues. Investors lost millions of dollars, and imports and exports between the world's nations drastically slowed down. This period caused around 11,000 banks to either shut down completely or temporarily close.

Crime and suicide were at their highest levels in years. "The Great Depression brought a rapid rise in the crime rate, as many unemployed workers resorted to petty theft to put food on the table. Suicide rates rose, as did reported cases of malnutrition. Prostitution was on the rise as desperate women sought ways to pay the bills," says Ushistory.org. Not only that, but drug, tobacco, and alcohol use also

Show More
Related

  • Great Depression Dbq

    1629 Words  | 7 Pages

    After the Great War (1914-1919) came the “Roaring Twenties” followed by the Great Depression (1929-1939). America became the richest country in the world at that time after WW I. Then on October 24th 1929 the stock market crashed and America experienced the Great Depression a few days later on October 29th 1929 . Some of the contributing factors of the Great Depression were 1. The crash of the Stock Market on Black Tuesday 2.

    Read More

  • Great Depression Dbq

    174 Words  | 1 Pages

    The great depression in the US, which began in 1929, and ended in 1938 was caused by many different things all happening at the same time in the economy. The wall street crash in October 1929 was one of the main causes, when the stock markets crashed. This was caused by many things, but the main reason for it was a deflation (which is an event where the general level of prices in an economy are reduced) On October 24th (black Thursday), share prices dropped by 14 billion dollars in a day, and more than 30 billion in a week. This forced many of the banks to close, due to them investing their client’s savings in the stock market.

    Read More

  • Great Depression Dbq

    570 Words  | 3 Pages

    An increasing stock Market was a symbol of a dynamic economy but the market continued fall was overwhelming. It affected the government and economy of the nation. Although stock market crash was not really the cause of the great depression, rather it played a major role during the great depression. The cause of the great depression is believed to be Credit Crisis, over production, and a poor distribution of wealth, and Decrease in Export. During this period Herbert Hoover was

    Read More

  • Great Depression DBQ

    699 Words  | 3 Pages

    Some might be wondering, what caused the Great Depression? Well, the Great Depression arrived in 1929. American citizens were out of work and didn’t want the government's “charity”. Stock market crashes, supply and demand, and contractions are some of the causes that can be found throughout the Depression.

    Read More

  • Great Depression Dbq

    509 Words  | 3 Pages

    The Great Depression From 1929 to 1939 the economy suffered a worldwide economic depression. Known as the Great Depression, it was the longest economic downfall the Western industrialized world has ever seen. The start of the Great depression is believed to have been due to the collapse of the stock market on October 29, 1929. Wall Street, home to the world’s largest stock exchange was in fear as millions of investors suffered.

    Read More

  • Great Depression Dbq

    220 Words  | 1 Pages

    The Great Depression was a roughly 10-year period in the early twentieth century that was shaped by the United States’ national economic crisis, but affected the global economy, as well. It began in 1929, when the stock market first crashed and stock prices began to fall, but only 2% of Americans owned stock and were affected at this time. (1:48) It wasn’t until tens of thousands of people began to withdraw money from banks and hundreds closed across the country, leaving 28 states bank-less (5:32) that the population truly began to suffer. Unemployment rates skyrocket and more and more people begin to go bankrupt, with 34 million Americans left with no source of income by 1932.

    Read More

  • Great Depression Dbq

    611 Words  | 3 Pages

    The Great Depression is one of many big mistakes in history that is important to remember and learn from. A event that left 25% of Americans unemployed and many in so much debt that children had to skip meals. There’s no real crisis at hand to blame for this situation, so what caused the great depression in the 1930s? The Great Depression was caused by installment buying/speculation, maldistribution of income, and overproduction.

    Read More

  • Great Depression Dbq

    597 Words  | 3 Pages

    As you may know, The Great Depression was one of the worst economic downturns in U.S. history. There are many debates on what caused The Great Depression some examples are, corporate leaders blame the depression on the result of a lack of business confidence in businessmen and how they were reluctant to invest because they feared the government regulations and high taxes. The Hoover administration blamed international economic forces therefore which should stabilize the currency and debt structure. New dealers argued that the depression was due to under consuming and that low wages and high prices had made it difficult to find a product of the international economy and that the lack of determination had led to economic collapse. But I also believe that the main factor of the Great Depression was the stock market crash of 1929.

    Read More

  • Great Depression Dbq

    372 Words  | 2 Pages

    The Great Depression was an economic crisis in the United States from 1929-1941. The Stock Market Crash was one of the primary reasons that caused the Great Depression. The Stock Market Crash was caused by too many people withdrawing their money from banks at the same time. This happened because they heard that banks were going to close and they didn’t want to lose their money because of that. Banks needed people’s money to use for investments and since they didn’t have any, banks began to close.

    Read More

  • Great Depression Dbq

    1501 Words  | 7 Pages

    It also ruined many investors and led to the downward spiral that would make this depression so significant. Families, farmers, and even veterans starved and demanded that something should be done. This downfall in the economy lasted from 1929 to the late 1930s which made it the longest widespread depression. Citizens of the United States suffered loss of jobs, money, and hope. The Great Depression affected the lives of many Americans.

    Read More

  • Causes Of The Great Depression Dbq

    1004 Words  | 5 Pages

    From 1929 to 1939, the world experienced a global economic crisis known as the Great Depression. It was the twentieth century's lengthiest, most intense, and most widespread depression, and its effects were felt across the world. While there is controversy over what started it, the stock market crash, the banking crisis, and overproduction all contributed to the Great Depression. The stock market was growing in the 1920s, and many people regarded it as a rapid way to get rich.

    Read More

  • Great Depression Dbq

    606 Words  | 3 Pages

    The Great Depression was a catastrophic period of economic hardship that lasted from 1929 to 1939. It was caused by many primary and underlying factors that led to a downfall in economic activity and widespread unemployment. Some of the major causes of this event were stock market speculation, overproduction in numerous industries, underconsumption by consumers, high levels of debt, and the fateful crash of 1929. All of these factors combined created a severe economic emergency that resulted in extreme levels of unemployment and poverty for many Americans.

    Read More

  • Great Depression Dbq

    499 Words  | 2 Pages

    The Great Depression was the double edged sword that America had taken when the debts of many finally caved in. The distribution of monetary & material uses diminished as a cause of this, making it the main reason as to why the Depression even occurred. Saying it simply: there just wasn't enough money or goods being consumed at that time. Also concluding that since the U.S. is the world’s number one superpower in virtually anything, that the entire globe was going through the depression with them. That being because the money that is being used, flows through other country’s versions of debt and exchanges and coming right back to us.

    Read More

  • Why Did People Survive In The Great Depression

    390 Words  | 2 Pages

    There were thought to be many reasons for the occurrence of the Great Depression, but the main one is the Stock Market Crash. “Throughout the 1930s over 9,000 banks failed” (“Top 5 Causes of the Great Depression”). This caused many people to lose all of their savings and money. During the Stock Market Crash people had stopped buying goods, which caused people to lose their jobs. The unemployment rate had even rose over 25%, which also caused more economic issues.

    Read More

  • What Caused The Great Depression Research Paper

    780 Words  | 4 Pages

    There were a variety of causes that caused the Great Depression, but the main cause that started it was a decrease in spending. This led to production decrease because manufacturers and merchandisers did not want to have unused items just sitting on the shelves. In October of 1929 the stock market crashed. The United States stock prices had reached levels that could not be justified by sensible predictions of future earnings. The results of this were catastrophic.

    Read More

More about Great Depression Dbq

Open Document