The Great Depression was a devastating time in world history especially in United States history. The most powerful nation on the planet was on its knees. Many hardworking middle and lower class people lost their jobs. The depression had dramatic effects on families, businesses and especially the economy of the United States. It didn't only cause an economic depression but it caused citizens of the United States to go into their own physical depression. Luckily we elected a President with the ability to will the country back to dominance, Franklin Delano Roosevelt. Roosevelt had great ideas on how to bring this country back to life, in the form of the New Deal; an assembly of projects and programs to improve employment and bring back a sense of optimism to the American people.
In October of 1929 the stock market crashed. Forty percent of the value of stocks was lost. Although this happened politicians and many big wigs in the industry stayed faithful in the fact that economy......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 2625
Approximate Pages: 11 (260 words per double-spaced page) |