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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

Do you have depression?

I think this is a very personal question and should not be asked on Answers.com. Plus there is over thousands of people on Answers.com. Whats the point in asking?

Answer

I believe that most people can suffer from a mild form of depression at some point in their lives. Something happens which makes us withdraw into our shell. It does not last long as there will always be something or someone who will prise that shell open, and we are none the worst for our experience. We may even have learned something from what we went through.

What was the crime rate during the Great Depression?

The Great Depression of the 1930s led to dire circumstances for a large share of American households. Contemporaries worried that a number of these households would commit property crimes in their efforts to survive the hard times. The Roosevelt administration suggested that their unprecedented and massive relief efforts struck at the roots of crime by providing subsistence income to needy families. After constructing a panel data set for 83 large American cities for the years 1930 through 1940, we estimated the impact of relief spending by all levels of government on crime rates. The analysis suggests that relief spending during the 1930s lowered property crime in a statistically and economically significant way. A lower bound ordinary least squares estimate suggests that a 10 percent increase in per capital relief spending during the Great Depression lowered property crime rates by close to 1 percent. After controlling for potential endogeneity using an instrumental variables approach, the estimates suggest that a 10 percent increase in per capital relief spending lowered crime rates by roughly 5.6 to 10 percent at the margin. More generally, our results indicate that social insurance, which tends to be understudied in economic analyses of crime, should be more explicitly and more carefully incorporated into the analysis of temporal and spatial variations in criminal activity.

Where in California did migrant workers find jobs in the great depression?

Migrant workers during the Great Depression found jobs in agricultural regions such as the Central Valley, Salinas Valley, and Imperial Valley in California. These workers sought employment in farms, picking crops like grapes, citrus fruits, and vegetables, often facing difficult working conditions and low wages.

What is the name of the main character in gumption?

The main character in the book "Gumption" is simply referred to as the author, Nick Offerman. The book showcases individuals who demonstrate great determination, passion, and drive in their own fields.

What was john steinbeck's novel about tenant farmers during the great depression?

John Steinbeck's novel about tenant farmers during the Great Depression is "The Grapes of Wrath." It tells the story of the Joad family, who are forced to leave their farm in Oklahoma due to economic hardships and travel to California in search of a better life. The novel focuses on themes of poverty, labor exploitation, and the resilience of the human spirit.

Why did the british immigrate to America?

The British immigrated to America for various reasons, including economic opportunities, religious freedom, and the chance to own land. Some were seeking a new start or adventure, while others were looking to escape political or social unrest in England.

Books during the Great Depression?

Books that gained popularity during the Great Depression include "The Grapes of Wrath" by John Steinbeck, "Of Mice and Men" also by John Steinbeck, and "To Kill a Mockingbird" by Harper Lee. These books often reflected the struggles and hardships faced by individuals during that time period.

What was the roaring twenties impact on the great depression?

Following the Great War years, it seemed like America, including the government, decided to let go and have a bit of fun. Materialism increased. Enjoying life, without restraints, seemed to be the goal of the decade. Business continued to grow and outward appearances seemed to indicate no slowdown in site. More new products were developed and the consumer was given the opportunity to buy these products "on time." Government seemed unwilling to try too much regulation for fear of upsetting the economic boom. The problem was that there was much that needed regulation, especially in the economic sector. The Stock Market crash signaled that it was now too late to start that regulation.

How did the drought in the west make the great depression worse?

The drought in the west, known as the Dust Bowl, exacerbated the Great Depression in several ways. It led to widespread crop failures, destroyed farmland, and caused massive dust storms, which displaced many farmers and their families. These conditions worsened the economic hardship already experienced during the Great Depression, as it reduced agricultural output, caused food shortages, and created massive unemployment in rural areas.

What happened to people who could not pay their rent or mortgage during the great depression?

During the Great Depression, a significant number of people were unable to pay their rent or mortgage. As a result, many individuals faced eviction and home foreclosures. Homelessness rates increased, and people were forced to live in shantytowns or move in with relatives or friends. Government relief programs, such as the creation of the Federal Housing Administration, were established to provide assistance and prevent further displacement.

The right of every worker to join a union was guaranteed in?

The right of every worker to join a union was guaranteed in the National Labor Relations Act (NLRA) of 1935 in the United States. The NLRA provides workers with the right to organize, bargain collectively, and engage in other concerted activities for the purpose of mutual aid and protection. This legislation helps protect workers' rights and ensures their ability to participate in collective bargaining with employers.

Why did they think the great depression Hoovers fault?

Mostly because it happened "on his watch" as the saying goes, and he had made the campaign speech about "A chicken in every pot, two cars in every garage, and prosperity is just around the corner". Also, once the market crashed and the depression hit, Hoover did little to really help the American people, insisting that business would work out out the problems soon enough. All that said, it still appears, historically, that the lions share of the blame for the market crash and Depression should be laid at the feet of Calvin Coolidge, rather than Hoover. The market crash and Depression were a result of an orgy of financial jerry-rigging that went on during Coolidge's administration, which he turned a blind eye to by saying, repeatedly: "The business of America is Business".

What does PWA mean in history?

PWA stands for Public Works Administration. It was established in 1933 during Franklin Roosevelt's first term as President of the United States. It was intended to put people back to work during the Great Depression while at the same time improving the nations infrastructure by building roads, hydroelectric dams, hospitals, and schools. See the link below for more information.

How did unions help during the Great Depression?

Well I was just scanning through Wikipedia and saw that one way unions helped during the great depression is that it created a set of fair labor laws so that businesses wouldn't exploit their workers in order to compete with one another by inticing a price. Know what I mean? If you have your workers being paid less or working longer hours, you could put out a cheaper product than your competition thus generating more business for your company. Of course this would create a downward spiral where the competition would then cut their worker's pay,etc. and try to make an even cheaper product. Of course, all the while the worker is getting the shaft! Thus the need for unions to protect the workers' rights.

What is a period of temporary business reduction shorter and less extreme depression call?

A period of temporary business reduction shorter and less extreme than a depression is commonly referred to as an economic recession.

What happened in the great depression in Utah?

During the Great Depression in Utah, the state experienced significant economic hardships. The collapse of the mining industry and agricultural droughts caused widespread unemployment and poverty. The federal government implemented various relief programs to provide jobs and support, such as the Works Progress Administration, which constructed public infrastructure. The Depression had long-lasting effects on the state's economy, with recovery only occurring after World War II.

Which describes Britain's method's of fighting the great depression?

During the Great Depression, Britain adopted a mix of policies to combat the economic downturn. The government introduced public works programs to create employment opportunities and stimulate the economy. They also implemented protectionist trade policies to protect domestic industries. Additionally, the government provided assistance to the unemployed and introduced social welfare measures to alleviate the hardships faced by the population.

Did government intervention increase after the Great Depression in the 1930s?

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 growth of the government continued following the New Deal.

Was the Great Depression boring?

yes it was and it was a boring to talk about it in a class that does not to be quiet or a teacher will not stop arguing with a student who name is Dustin Black and the teacher name is Walter Reed and they go here at Worthington Kilbourne high school.

What were the migrants during the great depression called and why?

The migrants during the Great Depression were commonly known as "Okies" or "Arkies" because many of them came from Oklahoma and Arkansas. They were forced to move due to severe drought, widespread poverty, and economic hardship. These migrants were searching for better opportunities, mainly in California, where they faced challenging living conditions and often worked as agricultural laborers.

How did the Franklin Delano Roosevelt and newdeal help with the great depression give two examples in detail?

While not being able to end the Depression, the New Deal did preserve the people's confidence in America's institutions and government. The relief measures of the New Deal were considered a success.

Not everyone supported the New Deal. As a formula for economic recovery, the New Deal failed. Many businessmen and financiers did not support the economic measures of the New Deal. With the recession of 1937, many business leaders and politicians claimed that FDR's policies were a failure and the attempt to maintain prosperity during peacetime was not successful at all. One of the most successful of the New Deal legislation was the CCC. The NIRA also aided the economy until it was declared unconstitutional.

How did the 3 R's attempt to solve the problems of the depression?

The "Three R's" became the symbol of how the administration of FDR and the measures of the New Deal would, hopefully, get the nation on an economic path to recovery. The first thing that had to be done was provide "relief" to the people suffering unemployment and unable provide for themselves and/or their families. Once relief was underway, "recovery" from the crash of the economy would be attempted. Programs would be created to provide work and get the private sector of the economy back on its feet. Finally, "reform" of those things that caused the Depression would be undertaken by studying what went wrong and passing laws to prevent such things happening again. Example of a form of reform would be the SEC.

Why should we remember the Great Depression?

We should remember the Great Depression as a cautionary tale and a valuable historical lesson. It serves as a reminder of the devastating impact that economic downturns can have on individuals and society as a whole. Additionally, the policies and reforms implemented during this time have shaped the way we approach economic crises and financial regulation today. Finally, remembering the Great Depression allows us to appreciate the resilience and determination of those who lived through it and the importance of collective action in times of crisis.

How do you forget the pain of the depression?

There is no quick fix for forgetting the pain of depression, but there are strategies that can help manage and alleviate it. Seeking professional help from a therapist or counselor is crucial, as they can guide you through the healing process. Developing a support network, practicing self-care, and engaging in activities that bring you joy and fulfillment can also contribute to finding relief from the pain of depression.