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The Great Depression

An economic recession that began on October 29, 1929, following the crash of the U.S. stock market that led to economic and political unrest.

2,874 Questions

What was the townsend plan in the great depression?

The Townsend Plan was proposed in the 1930s by Dr. Francis Townsend as a response to the economic hardships of the Great Depression. It advocated for a government-funded pension system that would provide elderly citizens over the age of 60 with a monthly stipend of $200, provided they spent it within 30 days. The plan aimed to stimulate the economy by increasing consumer spending and alleviating poverty among the elderly, ultimately garnering significant public support and influencing later social security reforms.

Who will benefit from a new deal in the great depression?

During the Great Depression, a new deal primarily aimed to benefit unemployed workers, struggling farmers, and the impoverished. Programs implemented by the government sought to provide jobs, financial aid, and social security to those most affected by the economic downturn. Additionally, businesses and the economy as a whole would benefit from increased consumer spending and economic stimulation, fostering recovery and growth. Ultimately, the new deal aimed to create a more equitable society and stabilize the economy.

What happened on farms during this periodof the great depression and what would some farmers do?

During the Great Depression, many farmers faced severe economic hardship due to plummeting crop prices and ongoing drought conditions, particularly in the Dust Bowl region. As a result, numerous farmers lost their land and livelihoods, leading to widespread displacement and migration in search of better opportunities, often heading to cities or other states. Some farmers attempted to survive by diversifying their crops, turning to subsistence farming, or participating in government relief programs, while others joined labor movements or sought work in industries outside of agriculture.

Which greater long term significance after the end of the great depression?

The end of the Great Depression marked a significant shift in economic policies and government intervention in the economy, leading to the establishment of social safety nets such as Social Security in the United States. It also set the stage for the post-World War II economic boom, characterized by increased consumer spending and industrial growth. Additionally, the lessons learned during this period influenced global economic policies, promoting Keynesian economics and the importance of government roles in stabilizing economies. Overall, it reshaped the relationship between citizens and their governments regarding economic welfare and regulation.

How did the great depression influence culture?

The Great Depression profoundly influenced culture by fostering a sense of realism and social consciousness in art, literature, and music. Many artists and writers, such as John Steinbeck and Dorothea Lange, depicted the struggles of everyday people, emphasizing themes of hardship and resilience. This period also gave rise to folk music and protest songs, reflecting the collective experiences of suffering and hope. Overall, the cultural response to the Depression highlighted the interconnectedness of society and the importance of community in overcoming adversity.

How did the Great Depression affect Germany and France?

The Great Depression severely impacted both Germany and France, but in different ways. In Germany, it exacerbated an already struggling economy, leading to massive unemployment and social unrest, which fueled the rise of Adolf Hitler and the Nazi Party. In France, the economic downturn caused political instability and strikes, but the impact was somewhat mitigated by a more robust social safety net. Both countries faced long-term consequences, including shifts in political power and social structures.

What were the three main categories of the programs and action of the new deal?

The New Deal, implemented by President Franklin D. Roosevelt in response to the Great Depression, focused on three main categories: relief, recovery, and reform. Relief programs aimed to provide immediate assistance to the unemployed and those in need, such as the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA). Recovery initiatives sought to stimulate economic growth and restore confidence, exemplified by the National Industrial Recovery Act (NIRA). Finally, reform measures aimed to prevent future economic crises, including the establishment of the Social Security Act and the Securities Exchange Commission (SEC).

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Describe how women's and child employment change during the Great Depression?

During the Great Depression, women's employment increased as families sought additional income to survive economic hardships, leading many women to enter the workforce in roles such as clerical jobs, factory work, and domestic services. However, they often faced discrimination and were paid lower wages than men. Child labor also saw a resurgence, with children taking on jobs to support their families, although this was often at the expense of their education and well-being. Overall, the economic crisis forced many women and children into the labor market, altering traditional family roles and dynamics.

Why did Georgia not really feel the Initial Impact of the great depression?

Georgia did not feel the initial impact of the Great Depression as severely as other states due to its largely agrarian economy, which was less integrated into the national financial system. The state was already experiencing economic hardships from the boll weevil infestation and the decline of cotton prices in the 1920s, leading to a more gradual economic adjustment. Additionally, many Georgians relied on subsistence farming, which insulated them somewhat from the urban industrial collapse. Thus, the transition into the Great Depression was less abrupt for Georgia compared to more industrialized states.

How many factories closed during the depression?

During the Great Depression, it is estimated that around 30,000 factories closed in the United States. The economic downturn, which began in 1929, led to massive unemployment and a significant decline in industrial production. Many businesses were unable to sustain operations due to plummeting demand and financial instability, contributing to widespread economic hardship. This period marked a significant contraction in the manufacturing sector, with lasting impacts on the economy.

In the following passage Hemingway gives us a great deal of information about this Character?

In the passage, Hemingway provides insights into the character's personality, motivations, and emotional state through vivid descriptions and dialogue. The character’s actions and interactions reveal deeper themes of struggle, resilience, and vulnerability, highlighting their complexity. Additionally, Hemingway's use of concise language and symbolism allows readers to grasp the character's inner conflicts and relationships, making them relatable and multifaceted. This layered portrayal encourages readers to empathize with the character's journey.

Why did the stock market crash and how did the great depression affect the nation?

The stock market crash of 1929 was primarily caused by excessive speculation, overproduction, and a lack of regulation, leading to a loss of confidence in the economy. The ensuing Great Depression resulted in widespread unemployment, bank failures, and a severe contraction of economic activity, profoundly affecting the lives of millions. As businesses collapsed and consumer spending plummeted, the nation faced social unrest and a significant shift in government policy towards economic intervention and social safety nets. The effects of the depression lasted throughout the 1930s, reshaping American society and its economic landscape.

How did the 14th amendment address the black codes?

The 14th Amendment, ratified in 1868, aimed to address the discriminatory practices of the black codes by granting citizenship to all persons born or naturalized in the United States, including former enslaved individuals. It also ensured that states could not deny any person equal protection under the law or deprive them of life, liberty, or property without due process. This amendment sought to establish a legal foundation for civil rights and aimed to counteract the restrictive laws that sought to limit the rights of African Americans in the post-Civil War era.

What was a Great Depression relief?

A Great Depression relief program refers to various initiatives and policies implemented during the 1930s to alleviate the economic hardships caused by the Great Depression. One of the most significant was the New Deal, introduced by President Franklin D. Roosevelt, which included programs like the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA) that provided jobs and infrastructure development. These relief efforts aimed to reduce unemployment, boost economic recovery, and support those in poverty through financial assistance and social welfare programs.

Why do you think the depression led to some extreme proposals?

The Great Depression created widespread economic hardship, resulting in millions facing unemployment and poverty. This dire situation led to extreme proposals as people sought radical solutions to alleviate their suffering and restore stability. Ideas that may have seemed impractical or extreme in more prosperous times gained traction, as individuals and groups became increasingly desperate for change and willing to consider unconventional measures. The urgency of the crisis fueled innovative thinking, as traditional approaches appeared inadequate to address the scale of the problems faced.

Which two neurotransmitters are most important in the development of depression?

The two neurotransmitters most commonly associated with the development of depression are serotonin and norepinephrine. Serotonin is linked to mood regulation, while norepinephrine affects arousal and response to stress. Imbalances in these neurotransmitters can lead to the symptoms of depression, influencing mood, energy levels, and overall emotional well-being. Targeting these neurotransmitters is often a focus in the treatment of depression through various medications.

Did American trade policies during the period of isolationism help contribute to the deep economic woes of the great depression?

Yes, American trade policies during the period of isolationism contributed to the economic woes of the Great Depression. The imposition of high tariffs, such as the Smoot-Hawley Tariff of 1930, restricted international trade and led to retaliatory measures from other countries, exacerbating the global economic downturn. This isolationist approach limited market access for American goods and stifled economic recovery, worsening the financial crisis domestically and internationally.

What best explains the great depression?

The Great Depression was primarily caused by a combination of factors including the stock market crash of 1929, bank failures, and a decline in consumer spending and investment. Additionally, poor monetary policy and the gold standard restricted economic growth, while international trade policies, such as tariffs, exacerbated the downturn. This confluence of economic instability led to widespread unemployment and a significant contraction of the global economy throughout the 1930s.

What sudden event brings great destruction?

A sudden event that brings great destruction is a natural disaster, such as an earthquake or a hurricane. These catastrophic occurrences can lead to widespread damage, loss of life, and disruption of communities. The force and unpredictability of such events often catch people off guard, resulting in significant challenges for recovery and rebuilding efforts.

How did the depression affect those at the bottom of the economic scale?

The Great Depression severely impacted those at the bottom of the economic scale, leading to widespread unemployment and poverty. Many low-wage workers lost their jobs, and families struggled to afford basic necessities like food and shelter. The lack of social safety nets exacerbated their plight, forcing some to rely on charity and soup kitchens. Overall, the economic downturn deepened the struggles of the most vulnerable populations, highlighting existing inequalities.

How we know that the teotihuacan traveled a great deal?

Evidence of Teotihuacan's extensive trade networks can be found through archaeological discoveries, such as imported goods and artifacts from distant regions, including obsidian, ceramics, and exotic materials. Additionally, the presence of Teotihuacan-style architecture and cultural influences in far-off Mesoamerican sites suggests that their people engaged in significant interaction and exchange. The intricate trade routes established by Teotihuacan facilitated the movement of both goods and ideas, underscoring their influence across a vast geographical area.

What were Harding's beliefs on Great Depression?

Warren G. Harding, who served as President from 1921 to 1923, believed in limited government intervention in the economy and promoted a return to normalcy after World War I. While he did not directly address the Great Depression, which began after his presidency, his policies favored laissez-faire economics and tax cuts, which he believed would stimulate growth. Harding's administration focused on reducing the national debt and promoting business, reflecting a belief that the economy would self-correct without significant government interference.

How did people of the great depression recover?

People of the Great Depression gradually recovered through a combination of government intervention, economic reforms, and the onset of World War II. Programs like the New Deal implemented by President Franklin D. Roosevelt provided jobs, infrastructure improvements, and social safety nets. Additionally, the war effort significantly boosted industrial production and employment, helping to lift the economy out of the depression. Over time, these factors contributed to a resurgence in consumer confidence and economic stability.

Which of the fWhich of the following describes policies used in the US and Europe during the 1930s that worsened the Great Depression?

During the 1930s, both the US and Europe implemented policies such as protectionist trade measures, including high tariffs like the Smoot-Hawley Tariff, which reduced international trade and exacerbated economic downturns. Additionally, austerity measures aimed at balancing budgets led to cuts in public spending, further stifling economic recovery. These policies, driven by a focus on domestic stability, ultimately deepened the severity and duration of the Great Depression.