What were the dates of the Great Depression in the US?
The Great Depression in the US lasted approximately from 1929 to 1939. It began with the stock market crash in October 1929 and continued until the early 1940s when the United States entered World War II and saw an uptick in economic activity.
What was the role of speculators during the great depression?
Speculators played a complex role during the Great Depression. Some argue that excessive speculation in the stock market contributed to the crash, while others believe it exacerbated the effects. Speculators attempted to profit from price fluctuations and engaged in risky trading practices, contributing to market volatility. Ultimately, their activities helped fuel the economic downturn, but they were not solely responsible for causing the Great Depression.
What is a bowl shaped depression formed by the impact of a metoroid?
A bowl-shaped depression formed by the impact of a meteoroid is called an impact crater. It is created when a meteoroid collides with the Earth's surface, causing an explosive release of energy that excavates the surrounding material and forms a circular or elliptical crater. Impact craters can vary in size, with some being small and others being several kilometers in diameter.
What bank survived the great depression?
The Bank of America was one of the few banks that survived the Great Depression. It was able to survive by acquiring failing banks and merging with them. This helped the Bank of America to become one of the largest and most influential banks in the United States.
Fashion designers during the great depression?
Coco Chanel played a huge role during this time period. She continued to design since 1915 having appearences throught the 30s Coco Chanel played a huge role during this time period. She continued to design since 1915 having appearences throught the 30s
How did the great depression change Germany politically?
The Great Depression had a significant impact on Germany politically. The economic crisis fueled widespread discontent and desperation among the German people, leading to a rise in support for extremist political parties such as the Nazi Party. This ultimately allowed Adolf Hitler to exploit the situation and gain power, leading to the establishment of a totalitarian regime and ultimately World War II.
Why did working woman meet with such resentment during the depression?
During the Great Depression, many men faced unemployment and economic challenges. As a result, there was widespread resentment towards women who were working, as they were seen as taking jobs away from men who were the primary breadwinners. This resentment stemmed from the societal norm that dictated that men should be the ones supporting their families, and women working outside the home was seen as a threat to traditional gender roles.
How did the Great Depression affect African Americans and woman?
The Great Depression disproportionately affected African Americans and women. African Americans faced higher unemployment rates and were often the first to lose their jobs. Discrimination in hiring practices intensified. Additionally, women faced limited job opportunities, wage cuts, and widespread inequality in the workforce, as traditional gender roles were reinforced. Both groups experienced heightened poverty levels and limited access to relief programs and resources.
Much of the blame for the Depression was placed unfairly on Hoover.?
he didnt cause it, but he refused to listen to anyone about how to effect a recovery so it was prolonged and worsened. So to sum it up although president hoover had some skills that made him a president who may have been ok without the collapse. His belief that the country would recover without any creation of govt jobs by building infastructure projects and rebuilding our economy while protecting our system commerce of from manipulation by unscrupulous people doomed him.
What was the federal government final response to the bonus army in 1932?
The Bonus Boys (1932) were about 20,000 veterans of the First World War. They and their families had come to Washington to ask Congress to vote them their bonus that had been promised to be voted by Congress in 1945. They wanted the money now because of the Depression. They were turned down by Congress and most left Washington. Those that stayed formed "Hoovervilles" in DC and peacefully continued to demonstrate for the bonus. The were not violent and followed the demands of Washington police. Hoover believed that they were being led by Communists (actually the major group in charge was the anticommunist American Legion) so he called out the Army and ordered General Douglas MacArthur to disperse the Bonus Boys. MacArthur used armored vehicles and tear gas against this unarmed group of protesters and quickly broke up their camps and Hoover's reputation plunged further in the public mind.
Solution for great depression?
During the Great Depression, various measures were taken to address the crisis. These included implementing government programs such as the New Deal, which created jobs and provided relief to those in need. Additionally, monetary policies were enacted to stabilize the banking system and restore public confidence. The combination of these efforts helped to eventually lift the economy out of the depression.
Who took the most famous picture of the great depression?
Dorothea Lange is known for taking one of the most famous pictures of the Great Depression titled "Migrant Mother." The photo captured the hardship and despair of a destitute mother and her children during the era. It has since become an iconic image that symbolizes the struggles faced by many Americans during that time.
What does Ssa stand for in the Great Depression?
In the context of the Great Depression, SSA stands for the Social Security Act, which was a landmark legislation passed in 1935. It established various social welfare programs, including the establishment of a retirement and disability insurance system, unemployment benefits, and assistance to families in need. The Social Security Act aimed to provide a safety net for American citizens during the economic crisis of the Great Depression.
What kind of advice do you think a survivor of the Great Depression might give younger adults today?
They would likely give advice on living within your means, how to save money, and also how to spend your money wisely. I would think they might also have some advice for us on finding happiness outside worldly goods... investing in relationships, doing things that we love, and things like that.
What was a major of criticism of Roosevelt's during the great depression?
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. Many felt that the Depression was just part of the free enterprise (capitalistic) system correcting itself and the laws, such as supply and demand, of the free enterprise system would eventually heal the economy. There were some radical proposals. Huey Long (The Kingfish) 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. This appealed to the poor and middle class. Dr. Townsend proposed a monthly pension plan in which the federal government would pay a pension to all people over 60 years of age. The pensioners would have to spend all the monthly pension before getting the next months check, and they could not work. Father Coughlin was a Roman Catholic priest who had a radio program. He proposed a complete overhaul of the monetary system, including abolition of the Federal Reserve System. While FDR had his critics, none of their programs were ever adopted and FDR's popularity remained high and eventually the critics and their supporters gave up.
The term "Hoovervilles" refers to the clusters of makeshift cardboard and scrap metal homes built by unemployed people during the Great Depression. These makeshift settlements were named after President Herbert Hoover, who was widely blamed for the economic crisis.
How was the united state brought out of the Great depression?
The United States was brought out of the Great Depression through a combination of government policies and actions. President Franklin D. Roosevelt's New Deal programs provided relief, recovery, and reform measures that stimulated the economy and created jobs. Additionally, the United States' entry into World War II in 1941 boosted industrial production and brought millions of people back into the workforce.
Does obligatory mean assignment is one that causes great hardship?
No, the term "obligatory" refers to something that is required or mandated, regardless of any potential hardship it may cause. The level of hardship caused by an assignment may vary depending on the circumstances, but it is not a defining characteristic of something being obligatory.
What did the Australians eat in the Great Depression?
During the tough economic times of the great depression of the 1930s, the rabbit became a welcome commodity rather than the pest it had been to farmers. The skins could be sold for money and the meat was often the only option available to poor families. Rabbits could be caught fairly readily even in the outskirts of big cities such as Melbourne, in suburbs that are now densely populated.
In the 1990s, after years of being shunned as 'underground mutton', rabbit overcame much of its depression-time reputation as the poor person's last resort. It has been reintroduced as a respected and even fashionable gourmet food in Australian restaurants and public bars.
Whether valued exclusively for their taste or in combination with a sense of nostalgia for earlier times, other cuts of meat and offal that were once only eaten by poor people who could not afford anything else - such as ox tail, lamb shanks and kidney - have found their way onto menus in even the most expensive restaurants in Australia.
This event brought a decline in Russian literature in the 1900s?
The decline in Russian literature in the 1900s can be attributed to several factors. One significant event was the Bolshevik Revolution in 1917, which led to censorship and restrictions on artistic expression. Additionally, the Soviet regime prioritized socialist realism, a style that emphasized the glorification of the Soviet state and often stifled creativity and innovation. These factors, coupled with the socio-political climate of the time, contributed to the decline of Russian literature during this period.
When was the Great Depression and New Deal?
The Great Depression officially began soon after the Great Wall Street crash in late Oct 1929. President Hoover, a Republican, believed that the free enterprises system, not the government, would be able solve this problem and get the economy back on track. As a result, Hoover did little till 1932 when he ran for reelection. It was too little to late to save him and the Republican Party from a landslide defeat at the hands of FDR and the Democrats. Soon after Roosevelt became President, he put together the most sweeping reforms in the history of this country to combat the growing unemployment and social unrest.
It became the "New Deal". He thought the American people deserved a new deal-that government had a major role to play in the lives of the people and the economy. The depression would not officially end until the beginning of World War 2. The New Deal included the creation of the Social Security Act in 1935, the WPA & CCC that provided thousands of public work jobs all over the country. One of the great success stories during the 1930's, was the creation of the Tennessee Valley Authority-it provided electricity to millions of poor and working class people from Virginia, West Virginia, Kentucky and Tennessee. These people saw their standard of living improve because of this. It was a great example that government can be a force for good and improve people's lives! The New Deal proved to be widely popular except conservatives in the GOP, who could never be convinced-despite the evidence.
What event led to an uprooting of what had been traditional social arrangements?
The Industrial Revolution led to a significant uprooting of traditional social arrangements. The introduction of mechanized production methods and urbanization disrupted agrarian societies, as people moved from rural areas to cities in search of employment. This resulted in the breakdown of traditional social hierarchies and the emergence of new social classes and urban lifestyles.
What was the price of eggs during the U.S. depression?
not sure but i read some where they cost around $0.25
How did the Great Depression affect John Steinbeck?
John Steinbeck was concerned with the problems and treatment of the working man. He gained great insight into the country by following migrant workers around. He believed that the working class would be continually oppressed by wealthy unless they learned to stop letting them set them against other people because of their race or ethnicity, because those people were their comrades, and the wealthy were the true enemy.