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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

Why did the great depression represent a hallmark in the U.S business cycle?

The Great Depression marked a significant turning point in the U.S. business cycle as it exposed the vulnerabilities of the economy, leading to unprecedented levels of unemployment and bank failures. It prompted a reevaluation of government intervention in the economy, resulting in the New Deal programs aimed at recovery and reform. The widespread economic hardship also shifted public perception about the role of government in stabilizing the economy, laying the groundwork for future fiscal and monetary policies. Ultimately, it represented both a deep contraction and a transformative period that reshaped American economic policy.

How significant was the great depression to the LON failures?

The Great Depression significantly undermined the League of Nations' effectiveness by exacerbating global economic instability and nationalistic tendencies. Countries focused on domestic issues and protectionist policies, leading to a decline in international cooperation. This economic crisis weakened the League's authority and ability to mediate conflicts, as member states prioritized their own interests over collective action. Ultimately, the League struggled to address the challenges posed by the Depression, contributing to its failures in maintaining peace and preventing aggression in the lead-up to World War II.

How did the artists and writers of the era tell the story of the Great Depression?

Artists and writers of the Great Depression captured the era's struggles through poignant narratives and evocative imagery that highlighted themes of poverty, resilience, and social injustice. They often portrayed the harsh realities of everyday life, using stark realism and emotional depth to evoke empathy and raise awareness. Works such as John Steinbeck's "The Grapes of Wrath" and Dorothea Lange's photography depicted the plight of displaced families and the impact of economic despair, galvanizing public consciousness and contributing to a broader understanding of the era's challenges. Through their art, they not only documented the suffering but also inspired hope and a call for change.

Who was the president who used government spending to end the great depression?

President Franklin D. Roosevelt implemented government spending as part of his New Deal programs to combat the Great Depression. His administration invested in public works projects, financial reforms, and social welfare programs to stimulate the economy and provide jobs. These measures aimed to alleviate unemployment and restore confidence in the economy during a time of severe economic downturn.

How did other nations came out of the Great Depression?

Nations emerged from the Great Depression through a combination of government intervention, fiscal stimulus, and social welfare programs. In the United States, President Franklin D. Roosevelt's New Deal focused on economic recovery through public works, banking reforms, and social security. Other countries, like Germany, adopted aggressive state-led policies to stimulate growth, while some, like Sweden, implemented a more balanced approach with a strong emphasis on welfare. Ultimately, the onset of World War II also played a crucial role in revitalizing economies through increased industrial production and job creation.

What was the nickname given to homeless during Great Depression?

During the Great Depression, homeless individuals were often referred to as "hobos." This term described transient workers who traveled in search of jobs or better living conditions, often by hitching rides on freight trains. Many hobos formed a subculture, adopting a distinct lifestyle and communicating through symbols to indicate safe places or job opportunities. The term reflects the broader struggles and societal challenges faced during this difficult economic period.

How many laws were passed during the great depression?

During the Great Depression, a significant number of laws were passed as part of the New Deal, implemented by President Franklin D. Roosevelt. Between 1933 and 1939, over 15 major pieces of legislation were enacted, including the Emergency Banking Act, the Social Security Act, and the National Industrial Recovery Act. These laws aimed to provide relief, recovery, and reform to the struggling economy and American society. Overall, the New Deal represents a critical period of legislative activity aimed at addressing the economic crisis.

Who led the Great Coalition?

The Great Coalition, formed in 1864 in Canada, was led by John A. Macdonald, George Brown, and George-Étienne Cartier. This coalition aimed to unite the provinces of Canada to address political deadlock and promote economic growth. Their collaboration ultimately led to the Confederation of Canada in 1867, establishing a federal system of governance.

How were the African Americans home living in the great depression in Mississippi?

During the Great Depression, African Americans in Mississippi faced dire living conditions marked by extreme poverty, discrimination, and limited access to resources. Many were sharecroppers or laborers, struggling to make ends meet as agricultural prices plummeted. Discriminatory practices further marginalized them, restricting employment opportunities and social services. Despite these challenges, they often relied on community support and resilience to navigate the hardships of the era.

How was Charlie Chaplin important during the Great Depression?

Charlie Chaplin played a crucial role during the Great Depression by using his films to offer social commentary and highlight the struggles of the working class. His character, the Tramp, embodied resilience and humor in the face of adversity, resonating with audiences facing economic hardship. Films like "Modern Times" satirized industrialization and poverty, bringing awareness to societal issues while providing much-needed escapism. Chaplin's ability to blend comedy with poignant themes made him a significant cultural figure during this challenging era.

What did President Roosevelt do to show he was favorable to women and blacks during the Great Depression?

President Franklin D. Roosevelt demonstrated his support for women and African Americans during the Great Depression by appointing them to key positions in his administration and advocating for policies that addressed their needs. He appointed notable figures like Frances Perkins, the first female Cabinet member, as Secretary of Labor, and created programs that aimed to improve employment opportunities for marginalized groups. Additionally, Roosevelt's New Deal initiatives included efforts to provide relief and support to minority communities, helping to foster a sense of inclusion during a time of widespread hardship.

Which Georgia Governor served during the Great Depression and set up a Board of Regents for education?

The Governor of Georgia who served during the Great Depression and established a Board of Regents for education was Eugene Talmadge. He was in office from 1933 to 1937 and again from 1941 to 1943. Talmadge's administration focused on economic recovery efforts and educational reforms, including the creation of the Board of Regents to oversee the state’s university system.

How did tariffs negatively 3ffect the global economy during the great depression?

During the Great Depression, tariffs, particularly the Smoot-Hawley Tariff of 1930, exacerbated the global economic downturn by significantly raising import duties. This led to retaliatory tariffs from other countries, resulting in a sharp decline in international trade. As nations turned inward, the reduced trade further deepened economic woes, increased unemployment, and hindered recovery efforts worldwide. The overall effect was a prolonged period of economic stagnation that hindered global economic cooperation and growth.

What was not part of President Hoover and program to end the Great Depression?

President Hoover's approach to ending the Great Depression did not include direct federal relief programs for individuals. Instead, he emphasized voluntary cooperation from businesses and local governments, advocating for measures like the Reconstruction Finance Corporation, which aimed to provide loans to banks and industries. Additionally, Hoover resisted calls for large-scale government intervention or direct aid to the unemployed, believing it would undermine individual self-reliance and local responsibility.

Who is of these is one reason the Great Depression began?

One key reason the Great Depression began was the stock market crash of 1929, which eroded consumer and investor confidence. This event led to widespread bank failures, a drastic drop in consumer spending, and a severe contraction in economic activity. Additionally, factors such as high tariffs, overproduction, and unequal wealth distribution contributed to the economic downturn. These elements combined to create a prolonged period of economic hardship.

How did the great depression lead to the rise of nazism?

The Great Depression created widespread economic hardship and instability in Germany, exacerbating public discontent with the Weimar Republic's inability to address unemployment and inflation. This environment of despair and uncertainty allowed extremist political movements, particularly the Nazi Party, to gain traction by promising national rejuvenation, economic recovery, and the restoration of national pride. Adolf Hitler capitalized on the fear and anger of the populace, using propaganda to offer scapegoats and a vision for a stronger Germany, ultimately leading to his rise to power in 1933.

What happened to the Immigrants from eastern Europe during the great depression?

During the Great Depression, many Eastern European immigrants faced severe economic hardships, as widespread unemployment and poverty affected their communities. Many struggled to find work, leading to increased competition for jobs and resources, which often resulted in heightened discrimination and social tension. Some were forced to rely on mutual aid societies and community support to survive, while others returned to their home countries. Overall, the economic crisis exacerbated their already challenging circumstances in the United States.

During the great depression who slogan of share the wealth appealed to many of the nations poor?

During the Great Depression, Huey Long's slogan "Share Our Wealth" resonated with many of the nation's poor. Long, a Louisiana senator, proposed a wealth redistribution plan that aimed to provide every American family with a guaranteed income, access to education, and home ownership. His message appealed to those struggling in the economic crisis, as it promised relief and a more equitable distribution of resources. Long's populist approach garnered significant support, highlighting the desperation and desire for change among the impoverished population.

Was the Tennessee valley authority a relief recovery or reform?

The Tennessee Valley Authority (TVA) was primarily a relief and recovery initiative established during the New Deal era in the 1930s. Its main goals were to provide jobs, improve economic conditions, and promote regional development in the Tennessee Valley, which was severely affected by the Great Depression. By building dams, generating electricity, and improving agricultural practices, the TVA aimed to uplift the region's living standards and stimulate economic growth. While it had reform elements through the establishment of public power and resource management, its primary focus was on immediate relief and long-term recovery.

4. What finally brought an end to the Depression in the U.S.?

The Great Depression in the U.S. effectively ended due to a combination of factors, most notably the massive economic mobilization during World War II. The war effort created millions of jobs and stimulated industrial production, leading to significant economic growth. Additionally, New Deal programs implemented by President Franklin D. Roosevelt helped stabilize the economy and support recovery before the war. Together, these elements transformed the economic landscape and led to a resurgence in consumer demand and employment.

How much did a doctor get in a week in the great depression?

During the Great Depression, a doctor's earnings varied widely based on location and specialty, but many physicians faced significant financial challenges. On average, doctors might have earned between $100 to $300 per week, which was considerably lower than pre-Depression levels. However, some practitioners, especially those in urban areas or with specialized skills, could command higher fees. Overall, economic hardship affected many aspects of medical practice, including patient payments and overall demand for services.

Why was the great depression important to canadians?

The Great Depression was crucial for Canadians as it exposed the vulnerabilities of the economy, leading to widespread unemployment and poverty. It prompted significant government intervention, culminating in the establishment of social safety nets and programs to support citizens. Additionally, the economic hardships fostered political changes, including the rise of new political movements and the eventual creation of the welfare state. Ultimately, it reshaped Canada's economic policies and societal structures for years to come.

Georgia's economy was able to fight off the effects of the Great Depression by?

Georgia's economy managed to withstand the Great Depression largely due to its agricultural sector, which remained relatively stable as many residents continued to rely on farming for their livelihoods. The state also benefited from New Deal programs that provided jobs and infrastructure improvements, such as the Rural Electrification Act, which enhanced productivity in rural areas. Additionally, Georgia's diverse economy, which included textiles and timber, helped cushion the impact of the economic downturn. Overall, a combination of agricultural resilience and federal support played a key role in mitigating the effects of the Great Depression in Georgia.

How did Eugene talmadge affect Georgia during the great depression?

Eugene Talmadge, serving as Georgia's governor during the Great Depression, implemented policies that prioritized agricultural interests and resisted federal relief efforts. His opposition to New Deal programs hindered economic recovery for many Georgians, as he favored the interests of white farmers and resisted reforms that could benefit poorer citizens. Talmadge's populist rhetoric and controversial decisions contributed to a deepening divide in the state, shaping its political landscape for years to come. His tenure ultimately reflected the struggles and challenges faced by many Southern states during this tumultuous period.

How did the dusters affect human movement during the great depression?

During the Great Depression, dust storms, known as "dusters," devastated agricultural lands, particularly in the Great Plains. This environmental disaster forced many families, particularly farmers, to abandon their homes and migrate in search of better living conditions, notably to California. The mass movement of people, often referred to as "Okies," strained resources in receiving areas and highlighted the struggles faced by those displaced by both economic hardship and environmental factors. Ultimately, the dusters played a significant role in reshaping American migration patterns during this tumultuous period.