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well, no. they say The Ression is and will be the absolute worst.........not trying to scare you but itz true
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Why was Hoover blamed for the depression?
Hoover blamed the Depression on foreign economic collapse over which he had no control. Major European banks went bankrupt, causing alarm in other foreign banks. Great Britain went off the gold standard. The Bank of England no longer redeemed its paper money in gold bullion or coin. Investors feared that all paper money would lose its value so they withdrew $1.5 billion in gold from American banks. This further weakened the global economic situation.
Which was not a cause for the Great Depression?
The greatest impact was human suffering. The world output and standards of living dropped precipitously in a short period of time.
When will the US economic crisis end?
We are lucky to be able to look at the past and see what has happened before to our economy and country. The great depression itself started in 1929 but by some estimates ended in 1933...There was a second recession in 1938 so some say that the Great Depression lasted from 1929 to the early 1940's however most scholars really put the end of most of the fundamental problems halted in 1933. So in a sense the greatest depression in the history of mankind only lasted 4 years. We are facing a crisis that many are quick to label the greatest danger since the Great Depression but is FAR from it.When the Great Depression occurred economists had no real basis to compare that economic crisis. And because of that they advised many policies that inflamed the situation more. They also made great suggestions and policies that helped the country out of that Depression. Our current Economic Crisis is not much different from the Great Depression or all the other recessions this country has faced (roughly one every decade). We are in FAR better shape and we also have the benefit of proven policies that WORK and we know what does NOT work. I dont have any doubt in my mind that this recession will not reach the scale of the great depression, neither in terms of economic loss nor in terms of length. No one can tell but I'd say the worst hasn't come and next year will be our worse year yet. However within two to three years we will be back on the rise and within 5-7 we will be back at pre-crisis times. Unemployment will never hit 30% again like it did...although I think at maximum it could hit 15%.There are always industries that thrive in economic crisis's and just because the majority of people are doing bad doesn't mean you have to.
How high was unemployment during the Great Depression?
The history books record that unemployment reached as high as 25% in the USA during the Great Depression. What is often not appreciated is that, in those days, 25% unemployment meant that 25% of HOUSEHOLDS and FAMILIES were without any means of support. Many more people felt the impact of the loss of a job in the 1930s, because a family typically only had one breadwinner in those days (and on top of that, unemployment benefits or other governmental safety nets were very rare). Today, with so many families having both heads working outside the home, one spouse can remain employed while the other is unemployed. This reduces greatly the impact of a given percentage unemployment on a particular family. Today's estimated 17% unemployment in the USA (which includes long-term unemployed and discouraged workers, not just those receiving unemployment compensation) is at a "depression" level of unemployment, though the impact is as yet not as severe as the unemployment of the 1930s. At least 25 percent
What jobs were available during the Great Depression?
People had the same sort of jobs during the Great Depression as they have now, except that computers and many other labor-saving systems had not yet been invented. There were no computer jobs, very few jobs involving electronics, many fewer desk jobs and many more jobs involving physical labor.
Who does depression affect?
Everyone. Everyone can get depression. Seems to me, that it's a growing contagious disease that the world cannot cure yet.
How do you cure biochemical depression?
Can't be done, yet. But it can be treated with medication.
Is the us economy in a depression in 2009?
The US economy is in recession, as people have less money to spend. It is not yet a depression in which the entire ecomomy collapses, but it could still happen later on.
What the symptoms for postnatal depression?
Postnatal depression will show signs of onset within the first week of giving birth, and will involve malaise, inability to relax, yet feeling drained all the time,
Anne Frank a life of what?
Anne Frank had a life of depression and poverty, yet she always had HOPE.
How does bullying cause social alienation?
in most cases yet its mainly a build up from depression
Can depression be inherited?
Yes, it can. If your parents have depression, you are two to three times more likely to suffer from depression than others.
The Great Depression Canada historical significance?
It showed the dark side of Canada and how many people needed help yet they only got help after years of waiting for the government to take action. Further more it should how selfish people are and how they could take advantage of the situation such as relief camps and being paid like nothing for doing so much and this program was connect to the government (the military did this.) Showed the real side of Canada in the worst time, a time of need... Canada has scared itself, the Great Depression didn't do nothing but show use who we really are.
How was the world before World War 2?
Generally speaking the US economy had not yet fully recovered from the Great Depression that began in 1929.
What pills can you take for depression for ages 13 and under?
Doctors really try to stay away from giving young adult/teens/children depression medications because it increases the risk of suicide because the brain hasn't fully developed yet. If you are extremely depressed, then I would go and talk to your doctor about it. There are other ways to stop depression when you are that age without the help and dependency on medications.
Is milnacipran a prescribed medication for fibromyalgia?
Yes, milnacipran is FDA-approved to treat fibromyalgia.However, it is not approved yet for treatment of depression in the U.S., but is approved in other countries,
What did the grasshoppers do in the great depression?
If you're referring to the insects, I would imagine they just ate grass and chirrupped. I mean, they couldn't exactly go to the store and buy alfalfa any more because of inflation, and the Nintendo wasn't yet invented, so what else was there to do?
