The major effect of the Great Depression and the New Deal on America was expanded government intervention into new areas of social and economic affairs and the creation of more social assistance agencies at the national level. The relationship between the national government and the people changed drastically. The government took on a greater role in the everyday social and economic lives of the people. The New Deal programs of FDR also created a liberal political alliance made up of labor unions, blacks and other ethnic and religious minorities, intellectuals, the poor, and some farmers. These groups became the backbone of the Democratic Party for decades following the Depression. As the federal government grew with new agencies and reform attempts, the cost of government increased. The grow of the government continued following the New Deal.
The Great Depression and the New Deal measure led to the domestic programs of JFK's New Frontier, and LBJ's Great Society and War on Poverty. The New Deal measures have also an influence on the current Obama administration, in its attempts to stimulate the economy.
The reconstruction took power away from the States and put them in the hands of s central government. The Nation was based on the States rights and having sovereignty FROM the Federal Government. The Federal Government was initially formed to act as a meeting place and body for the States to come together and make law. That has all changed. States Rights no longer supersede Federal rights. In our country today, Federal Law is the law of the land. This country can only be run by the citizens of the individual states, That was why the Senate and Congress were set up, So each state was represented in the Federal Government. When new federal programs took the lead, the state became the pawns of Big Government and now, if a State does not comply with Federal Law or recommendations, they are penalized by the Federal Government.
Of course, the depression which started in 1929 in the United States spread to nations all over the world, including Sweden.
Sweden having recovered in 1934 was however the first nation to fully recover from the Great Depression.
The great depression in the 1920's about the Utah farms being unable to pay the borrowed money from the bank therefore leading to many farms being morgaged.
The Great Depression in the 1920's about the US, many unemployed workers due to many soldiers arriving back from the war and taking over the jobs, tighter expectations and afterdamage from the wars and left many people unemployed.
all is correct
Too help stop the bank failures in the US during the start of the Great Depression, Hoover's Secretary of the Treasury, Andrew Mellon, proposed that the major banks and financiers pool their private funds into a National Credit Corporation. Eventually, $500,000,000 was placed in the NCC with the purpose being to loan money to banks that were on the verge of failing. Unfortunately, the NCC did not succeed in stopping the banking collapse because it lent the money to banks that were already financially sound and could meet the collateral requirements of the NCC.. The banking system continued to fall apart and the NCC was replaced by the RFC.
Baseball was important because all the people that were at war left families home and since it was Americas past time everyone went anytime they could
Because of the great depression baseball had what was known as the strike meaning that all nobody could aford to come to games and players were starting to get sent back down to the minors
With the above said, there were several reasons that baseball was important to the economy of the United States during the Great Depression. Economies work better when money is exchanged.
By attending baseball games, the fans gave business to the baseball clubs by buying tickets to games. In addition to that, fans supported the jobs of vendors in the stands, by buying beer and popcorn as examples. Other jobs were supported at games such as ticket takers and grounds crew people.
Most baseball fans had to use cars or public transportation to get to the ballparks. This meant paying bus fares and buying gasoline. So, once again we see money "moving" in exchange for goods and services.
The depression not only caused economic stress, it caused personal stress. Stressed people are reluctant to invest money or begin a business. Baseball made people happy and allowed them relief from the depression. A happy person is more likely to do things that stimulate business. This type of activity gave some relief to the economic woes of the US.
Jazz, and other types of music, was hit hard by the Depression. It quickly picked itself up and became a cheap form of entertainment, a way to forget about the economic conditions of the nation and your family if only for a short while. Radios were cheap, so most families could listen to Jazz. Jazz was also performed in clubs and patrons could sip cheap liquor and dance the night away. The jukebox and 78 rpm records also allowed most music to be heard by those who wanted to hear it, for a small cost.
Governor Huey Long (The Kingfish-from a character on the radio show, Amos and Andy) from Louisiana gained some support for his "Share the Wealth" program. This would place taxes on the very wealthy and no personal incomes on more than one million dollars a year would be allowed. This appealed to the poor and middle class.
The Great Depression was a worldwide economic downturn starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries. It was the largest and most important economic depression in the 20th century, and is used in the 21st century as an example of how far the world's economy can fall. The Great Depression originated in the United States; historians most often use as a starting date the stock market crash on October 29, 1929, known as Black Tuesday.
The depression had devastating effects in virtually every country, rich or poor. International trade plunged by half to two-thirds, as did personal income, tax revenue, prices and profits. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by roughly 60 percent. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as farming, mining and logging suffered the most.
The Great Depression ended at different times in different countries. The majority of countries set up relief programs, and most underwent some sort of political upheaval, pushing them to the left or right. In some states, the desperate citizens turned toward nationalist demagogues-the most infamous being Adolf Hitler-setting the stage for World War II in 1939.
A Shorter Answer
The 'Great Depression' was a period in the United States and world history when business was poor and many people were out of work. It was caused by many things like the drought that ruined so many farms and the stock market crash. Therefore, people lost money and jobs, because people had less money to spend or invest.
I'm pretty sure a makeshift home is a home that is makeshift. In order words, a home that you built yourself, rather than one that was build by construction workers. I hope I helped.
A 'makeshift' home is where the occupant makes a temporary shelter of whatever is at hand such as a tarp/canvas or a metal tin sheet .
The New Deal
The companies spent a lot on making goods that no one was buying. This meant all the money eventually got to people who supplied raw goods like steel and wood. And so the rich got richer and the poor got poorer.
The Great Depression was probably the worst economic crisis to affect the whole world. It was at the end of the "Roaring Twenties", where the bank lent money to everyone and no-one could pay it back. The counties that were worst off were America, Germany (because they relied on loans from America to pay back back the war debt to others European countries) and South Africa (because they were major consumers of gold and other minerals). Many people lost their jobs and had to go to places where they could become day laborers. They were reduced to squalla and literally lived hand to mouth. They government of America lent money to people that lost their jobs and needed it. Some people were able to make a fortune off other people's misfortune and become very wealthy.
The US government's reaction to its entry into WWII was to institute massive deficit spending, and the conscription of all able bodied young men for the war effort, thus creating a full-employment economy which was the immediate end to the Great Depression. A belief existed that another depression might occur upon the return of the young men to the labor force so a comprehensive veteran's benefit package was legislated. The logistics of the ensuing peace created a natural US trade advantage which allowed for the unfettered repayment of the war generated deficit. The liberal veteran's educational and housing benefit resulted in increased productivity and a construction boom. These forces combined to forestall any otherwise feared return to the depression.
Most historians and economists agree that the Depression did not end until the beginning of WWII.
It improved economics because the war created more jobs such as creating weaponry and manufacturing the raw materials to run a war. These new jobs were able to jump start the economy.
businesses had to make items for the war, so they made money and could employ people again. the butterfly effect, the people could pay their debts and afford food.
The war economy ended unemployment when everyone (including women) had to work in all the unfilled positions so the armament, ships and planes could be built. The wages went up and inflation did not skyrocket. So the economy stabilized.
In the US , WW2 put many back to work in factories .
Yes, buying on margin was made illegal buy the Trust-in-Sercurities Act before the Great Depression. This Act was one of the reasons the stock marketcrashed, as people could not pay money they did not have anymore.
This is ave. after a war. Not much spending during the war. People get back and get things more normal. Then they can spent their extra money. When it runs out, the recession or depression comes.
I bet If we stuck to obeying all of the Bible; we could be better here.
The Great Depression of the 1930's ended when the U.S entered World War II. Entering war helps get out of an economic depression because it takes men out of the work force and puts them in the military, causing the rest of the U.S to enter the job market. Then they mass produce many products which causes the economy to boom.
People felt like life was over. Emonism actually started during the great depression. In 1930, people across America and the USA decided life was at a stand still. Women slutted for money, and guys whored for money.
They were without jobs, and without jobs you dont have anything.
In 1932 about 20,000 US veterans of World War-1 went to Washington trying to obtain Hoovervilles relief during the depression by demanding the full and immediate payment of the veterans payment due in 1945. They established shanties and shacks to live in while their pleas were being considered by the Congress. These temporary Hoovervilles were actually a poor example of a slum, and in honor of the President Hoover were given the pejorative name Hoovervilles. To the shame of all involved, the US Army was called in to burn out and disperse the protesters.
The "Hooverville" term was used to represent all subsequent depression era shantytowns. Where homeless people lived and they were called Hoovervilles because Herbert Hoover was in office as president at the time and everyone blamed him for the depression.
Yes, they were places where homeless, jobless people lived. They consisted of small shacks. This was during the 1930's (The Great Depression)
The Public Works Administration was created by the National Industrial Recovery Act in 1933. It was created to spend large sums of money on big public works. The Act budgeted billions of dollars on public works construction thus providing employment to a large number of the unemployed, improve the public welfare, and contribute to stabilizing the economy and reviving American industry. It was first suggested by the Secretary of Labor, Frances Perkins and approved by such New Dealers as Harold Ickes, James Farley, and Henry Wallace. FDR agreed to include the PWA as part of the New Deal measures but he demanded that the initial cost of the PWA be scaled back. It was never a success. It spent over $6 billion but did very little to jump-start the economy and it did not significantly reduce the unemployment rate. When the economy turned to wartime production in 1941, the PWA was abandoned.
october 29th 1929 for a+pls
Created jobs for everyone.
In the early 1930s the American depression occurred, increasing the rate of poverty, unemployment and homelessness. But the people who were worst affected where the black Americans. Because of racism, the depression wasn't just a tough time but was also a turning point in their lives for the worst.
After slavery had been abolished in 1865, the ex-slaves had nowhere to go. Because of this, their previous 'owners' divided up their land and let the ex-slaves farm crops on the land in return for a small percentage. This was called sharecropping. By the 1930s there were an awful lot of sharecroppers, but they were very vulnerable as their 'land-lords' could easily evict them whenever they felt like it. Because of the depression, many small farms failed and so more black families and farmers were forced into sharecropping. Although this was better than being homeless, they were still vulnerable to eviction. This definitely changed the lives of black Americans for the worst. Secondly, I would like to talk about the 'last hired, first fired' system whereby Black American industrial workers as well sharecroppers were the first to be evicted or laid-off by their land-lords or bosses. It meant that there were less people working, thus more people will less money, meaning that there were less consumers for the products that were made by workers. Consequently unnecessary workers were fired and then the cycle (known as the cycle of depression), started again. Black workers were always if not very often sacked first. This of course was due to racism and because of that, the depression affected black Americans more than white Americans in both the short term and the long term.
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