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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 single greatest effect of the great depression on the US?

The single greatest effect of the Great Depression on the U.S. was the widespread economic hardship it caused, leading to unprecedented levels of unemployment and poverty. By the peak of the depression in 1933, approximately 25% of the workforce was unemployed, crippling families and communities. This economic crisis resulted in significant changes in government policy, including the implementation of the New Deal programs aimed at recovery and reform, which reshaped the role of the federal government in the economy. The societal impacts included a loss of faith in capitalism, leading to greater demand for social safety nets and economic intervention.

What is the linkage among the great depression rube foster and the negro league system?

Rube Foster, often regarded as the "father of black baseball," played a pivotal role in establishing the Negro National League in 1920, which provided a formal structure for African American baseball during a time of racial segregation. The Great Depression, starting in 1929, significantly impacted the Negro League system, as economic hardships led to reduced attendance, financial instability, and the eventual decline of many teams. Despite these challenges, Foster's league helped preserve the talent and culture of black baseball, contributing to its legacy even as the economic landscape shifted. This period ultimately set the stage for the eventual integration of baseball, culminating in the breaking of the color barrier by Jackie Robinson in 1947.

What role did the governments monetary spending policy play in the great depression?

During the Great Depression, government monetary spending policies played a crucial role in exacerbating the economic downturn. Initially, tight monetary policies and a focus on balancing budgets led to reduced spending and investment, worsening deflation and unemployment. As the crisis deepened, the introduction of more expansive monetary policies, including increased government spending and the establishment of programs like the New Deal, aimed to stimulate the economy by creating jobs and boosting demand. These later efforts helped to gradually revive the economy, demonstrating the importance of active fiscal intervention in times of crisis.

Why do Nevadans have a great deal of which to be proud?

Nevadans have a great deal to be proud of due to their state's rich history, diverse culture, and stunning natural landscapes. The state is home to iconic landmarks like the Las Vegas Strip and the breathtaking beauty of Lake Tahoe and Red Rock Canyon. Additionally, Nevada has a strong sense of community and resilience, exemplified by its vibrant arts scene and commitment to innovation in industries like gaming and renewable energy. This unique blend of culture, natural beauty, and economic growth makes Nevada a source of pride for its residents.

What was a major difference between the philosophy of President Herbert Hoover and that of President Franklin Roosevelt concerning solutions to the depression was that President believed in?

A major difference between the philosophies of President Herbert Hoover and President Franklin Roosevelt regarding solutions to the Great Depression was that Hoover believed in limited government intervention and relied on voluntary measures and individual initiative to stimulate recovery. In contrast, Roosevelt advocated for a more active role of the federal government in the economy, implementing a series of programs and reforms known as the New Deal to provide direct relief, create jobs, and stimulate economic growth. This fundamental shift reflected differing views on the role of government in addressing economic crises.

Can i work with children If I have had depression?

Yes, you can work with children if you have had depression, as long as you are in a stable place and feel capable of managing your responsibilities. Many people with a history of mental health challenges successfully work in childcare and education, often bringing valuable empathy and understanding to their roles. It's important to ensure that you have the necessary support and self-care strategies in place to maintain your well-being while working in such an environment. Ultimately, your ability to work with children will depend more on your current mental health status and readiness than on your past experiences with depression.

How does the consumerism of the 1920s help usher in the great depression?

The consumerism of the 1920s, characterized by mass production and the widespread availability of credit, led to excessive spending and overextension of personal finances. Many Americans purchased goods on credit, creating a bubble of consumer debt that was unsustainable. When the stock market crashed in 1929, this debt burden became unmanageable, resulting in reduced consumer spending and a sharp decline in economic activity. The collapse in consumer confidence and spending contributed significantly to the onset of the Great Depression.

What was the three major set backs of the depression?

The Great Depression faced three major setbacks: widespread unemployment, which peaked at around 25%, leading to severe financial hardship for millions; a collapse in the banking system, resulting in the loss of savings and further contraction of credit; and a dramatic decline in global trade, exacerbated by protectionist policies like the Smoot-Hawley Tariff, which deepened economic stagnation worldwide. These factors combined to prolong the economic crisis and hinder recovery efforts throughout the 1930s.

How and why did the American business environment change after the Great Depression?

After the Great Depression, the American business environment underwent significant changes due to the introduction of regulatory reforms aimed at stabilizing the economy and preventing future crises. The New Deal policies, implemented by President Franklin D. Roosevelt, established protections for workers, such as minimum wage laws and labor rights, while also creating regulatory bodies like the Securities and Exchange Commission (SEC) to oversee financial markets. This shift emphasized greater government intervention in the economy, promoting social welfare and economic stability. Additionally, businesses adapted by adopting more conservative financial practices and focusing on long-term sustainability rather than short-term profits.

Where does depression rank in terms of leading factors that contribute to disability in the untitled states?

Depression ranks as one of the leading contributors to disability in the United States, often cited as a major factor in both mental and physical health-related disabilities. It is a significant cause of lost productivity and increased healthcare costs. In fact, it frequently appears among the top conditions leading to disability, alongside anxiety and other mental health disorders.

What are the personal factors of the great depression in America?

The Great Depression in America was influenced by several personal factors, including widespread unemployment, which left millions struggling to provide for their families. Many individuals faced significant financial insecurity due to bank failures and loss of savings, leading to increased poverty and desperation. The psychological impact of hopelessness and despair affected mental health, as families dealt with the stigma of unemployment and loss of social status. Additionally, social factors such as migration in search of work, particularly to California, reshaped personal identities and family structures during this tumultuous period.

What remedies did provincial governments to try and deal with the depression?

Provincial governments implemented various remedies to address the economic challenges of the Great Depression, including establishing public works programs to create jobs and stimulate local economies. They also introduced relief measures, such as direct financial assistance and food distribution for the unemployed and impoverished families. Additionally, some provinces sought to regulate industries and support agricultural sectors to stabilize prices and boost production. Overall, these efforts aimed to alleviate immediate hardships while laying the groundwork for longer-term recovery.

What were president hoovers failed attempts in the great depression?

President Herbert Hoover's attempts to address the Great Depression included establishing the Reconstruction Finance Corporation to provide loans to banks and businesses, but this effort was seen as too little, too late. He also encouraged voluntary cooperation among businesses to maintain wages and employment, which failed to yield results. Hoover's reliance on local and state governments to handle relief efforts proved inadequate, as many communities struggled to cope with the economic crisis. His policies were criticized for being overly cautious and lacking direct federal intervention, ultimately contributing to his unpopularity during the economic downturn.

What did John Maynard Keynes believe caused the great depression?

John Maynard Keynes believed that the Great Depression was primarily caused by a lack of aggregate demand in the economy. He argued that insufficient consumer spending and investment led to widespread unemployment and business failures. Keynes criticized the classical economic theory that advocated for self-correcting markets, asserting instead that government intervention was necessary to stimulate demand and restore economic stability. His ideas laid the foundation for modern macroeconomic theory and policies aimed at managing economic cycles.

What was American President Herbert Hoovers biggest mistake when faced with the Great Depression?

Herbert Hoover's biggest mistake during the Great Depression was his reliance on voluntary measures and a hands-off approach to the economy, believing that the market would correct itself without significant government intervention. He hesitated to implement direct federal relief and failed to adequately address the needs of the millions suffering from unemployment and poverty. This lack of decisive action and the belief in limited government exacerbated the economic crisis, leading to widespread discontent and a loss of faith in his leadership. Ultimately, his policies were seen as insufficient to combat the depths of the Great Depression.

What are some problems that floridians faced during the Great Depression?

During the Great Depression, Floridians faced significant economic hardships, including widespread unemployment and poverty, as key industries like agriculture and tourism suffered. Many farmers struggled with low crop prices and natural disasters, such as hurricanes, which further devastated their livelihoods. Additionally, the state's reliance on seasonal tourism meant that the collapse of the economy led to decreased visitor numbers, exacerbating financial woes for businesses dependent on tourist revenue. Overall, these challenges resulted in a profound impact on the daily lives of Floridians, leading to increased migration and reliance on government assistance programs.

How did the dawes plan contribute to causing the great depression?

The Dawes Plan, established in 1924, aimed to ease the reparations burden on Germany after World War I by restructuring its debts and facilitating loans from the U.S. However, this reliance on American loans created a fragile economic situation; when the U.S. stock market crashed in 1929, it led to a withdrawal of funds and a collapse of the German economy. This financial instability not only deepened Germany's economic woes but also contributed to a global economic downturn, ultimately playing a role in the onset of the Great Depression.

How does the great depression relate to an inspector calls?

The Great Depression, which began in 1929, highlights themes of social responsibility and class disparity in J.B. Priestley's "An Inspector Calls." The economic struggles of the era resonate with the play's critique of the upper class's indifference to the plight of the working class, as illustrated by the Birling family's treatment of Eva Smith. The Inspector's message emphasizes the interconnectedness of society and the moral obligation to care for one another, mirroring the calls for social reform that emerged during the Great Depression. Overall, the play serves as a timeless reminder of the consequences of neglecting social responsibility in times of crisis.

What events led to the Great Awakening?

The Great Awakening, a significant religious revival in the American colonies during the 18th century, was catalyzed by several factors, including a decline in religious fervor and the rise of Enlightenment thinking that emphasized reason over faith. The increasing influence of itinerant preachers, like George Whitefield and Jonathan Edwards, who emphasized personal conversion and emotional engagement with religion, played a crucial role in revitalizing spiritual interest. Additionally, the competition among various denominations fostered an environment of religious enthusiasm and innovation. These elements combined to create a movement that emphasized individual piety and a personal relationship with God.

What plan was supported by Franklin D. Roosevelt to get people working during the Great Depression?

Franklin D. Roosevelt supported the New Deal, a series of programs and policies aimed at economic recovery during the Great Depression. Key initiatives included the establishment of agencies like the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA), which provided jobs through public works projects. The New Deal also focused on financial reforms and social safety nets to stimulate economic growth and alleviate poverty. Overall, it aimed to restore public confidence and promote job creation across various sectors.

Did the great depression have any impact on the U. S. Labor movement?

Yes, the Great Depression significantly impacted the U.S. labor movement. As unemployment soared and working conditions deteriorated, workers became increasingly organized and militant in their demands for better wages and job security. This period saw the rise of unions, particularly in industries like steel and automobiles, and led to key legislative changes, such as the National Labor Relations Act of 1935, which strengthened workers' rights to organize and bargain collectively. Ultimately, the economic crisis galvanized labor activism and laid the groundwork for the post-war labor movement's growth.

What was Huey Long's opinion on the New Deal?

Huey Long, the Louisiana governor and senator, was a vocal critic of the New Deal, viewing it as insufficient to address the economic struggles of the poor. He believed that the policies favored big business and did not do enough to redistribute wealth. Long proposed his own program called "Share Our Wealth," which aimed to provide a more radical redistribution of wealth through taxes on the rich. He argued that the New Deal needed to be more aggressive in addressing income inequality and poverty.

What was the cause of The Great Game?

The Great Game was primarily driven by the geopolitical rivalry between the British Empire and the Russian Empire in Central Asia during the 19th century. Both powers sought to expand their influence over territories that were strategically important for trade routes and security. The competition was fueled by fears of Russian expansion toward British India and the desire to control access to resources and markets in the region. This intense rivalry led to espionage, diplomatic maneuvers, and military confrontations, shaping the political landscape of Central Asia.

What is mr.savage's view about the causes of the Great Depression?

Mr. Savage argues that the Great Depression was caused by a combination of factors, including the stock market crash of 1929, unsustainable economic practices, and a lack of effective government intervention. He emphasizes that the overextension of credit and speculative investments contributed to the financial collapse. Additionally, he highlights the role of international economic instability and trade policies in exacerbating the crisis. Overall, Mr. Savage believes that a multifaceted approach is necessary to understand the complex causes of the Great Depression.

What were the immediate causes of the Great Depression?

Oh, dude, the Great Depression was like a big party crasher in the 1930s. So, basically, you had the stock market crash in 1929, banks failing left and right, people losing their jobs faster than you can say "unemployment," and international trade going down the drain. It was like the universe decided to hit the economy with a wrecking ball.