The Great Depression

Hoover blamed the Depression on foreign economic collapse over which he had no control. While not believing in charity by the government, Hoover did try and help the economic mess that began during his administration. He gave much of his money to charity and encouraged Americans to do the same. He broke with Republicans and did away with the taxes that had been placed on citizens during the Coolidge administration. He spent $500 million a year on public works and government programs to build or improve government properties. The most famous was the Hoover (Boulder) Dam. Congress established the Reconstruction Finance Corporation (continued by FDR) which created an agency to help banks, railroads, and other key businesses to stay in business thus helping the economy.

The social security act was passed during the great depression because i sent so much money buying condomes for i can do her her..........guess it didnt work becuase here you are, and dont be thinking your mother gonna get child support out of me

Relief, Reform, Recovery

There were several major causes of the Great Depression in the United States.

1. Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.

2. There was over speculation in the Stock Market, which was not regulated.

Many Americans purchased stock on credit. This was known as margin buying.

3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low.

4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due.

5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written

to encourage business expansion.

6. Banks were permitted to speculate in land and the stock market with little

government regulations.

7. High tariffs and war debts helped spread the depression world wide.

8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression.

Yes

Itinerant workers were people who moved around the country looking for work. A lot of people were itinerant workers during the great depression due to the mass unemployment.

Roaring Twenties

It seems that unemployment rate averaged between 8 percent and 35 percent in 1933, the worst year of the Depression for unemployment. That is non-farm workers. And, you have to remember that establishing the rate was not as accurate as it is today. Lots of people during the Depression simply did not appear on the unemployment rate because there was no way of keeping track of who was looking for work or who had just given up and "rode the rails." There was not unemployment insurance back then. Also the farmers lost all of there crops and hoover cut taxes and gave more crops to the farmers.

Franklin Roosevelt Made the New Deal to help the Great Depression to ease out. The Americans cut back on products that was causing overproduction to their company and causing them to raise their cost of items they sold to customers.

Investors borrowed money to buy rising stocks, but could not pay it back once the stock prices fell.

The primary difficulties were male chauvinism and centuries of traditions that stereotyped the female.

People that had borrowed money from the banks couldn't pay it back.

By: Rana 3abed

there was none. that's why everyone blamed him and when the next election came it didn't matter who was running a democrat was going to win. that democrat happened to be FDR, one of our best presidents of all time.

The kinds of jobs that men did in the 1930s often involved physical labor. Many times they worked on farms, in factories, or on construction projects such as those for buildings, roads, and bridges.

i think that the great depression affected alot of places and there isn't just one place that this was greater than another.

It didn't necessarily "cause" the depression, however, it allowed for more financial disruption. People in the twenties (1920s) were beginning to buy on margin, this new concept for them that excited them beyond belief. Unfortunately, what the began to do, is spend more money than they had, it was practically imaginary money that put the individual in debt.

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. Many Americans did find work during the Depression as a result of the economic measures passed by Congress under the New Deal program. Government provided relief to the unemployed with government programs that would be termed by some as government welfare. Many Americans however in both rural and urban areas of the nation did support the efforts of the New Deal. FDR's Fireside Chats provided confidence and reassurance to many. Rural electrification, Social Security, insurance of bank accounts, protection for labor unions, and federal controls over the economy gave many a sense of security in the future and in the government. While there were some radical movements during the Great Depression, the faith Americans had in their system of government did not falter.

The Civilian Conservation Corps employed 274,375 young men between the ages of 17 and 25 in 1,300 camps nationwide. By 1935 the number of camps and employed young men increased dramatically. Eventually, almost 3 million people served in the Corps. The men signed on for 6 months and were organized into crews that reforested land, undertook conservation projects in National Parks, and worked on trails and clearing growth in National Forests. They built bridges, repaired dams, built fire lookouts and fences, and did terracing to prevent erosion. They were paid $30 a month, but they had to send $25 to their folks in the cities, so the parents would have money to spend to stimulate the economy. The CCC was one of the most popular and most successful of the New Deal measures.

The history books record that unemployment reached as high as 25% in the USA during the Great Depression.

What is often not appreciated is that, in those days, 25% unemployment meant that 25% of HOUSEHOLDS and FAMILIES were without any means of support. Many more people felt the impact of the loss of a job in the 1930s, because a family typically only had one breadwinner in those days (and on top of that, unemployment benefits or other governmental safety nets were very rare). Today, with so many families having both heads working outside the home, one spouse can remain employed while the other is unemployed. This reduces greatly the impact of a given percentage unemployment on a particular family.

Today's estimated 17% unemployment in the USA (which includes long-term unemployed and discouraged workers, not just those receiving unemployment compensation) is at a "depression" level of unemployment, though the impact is as yet not as severe as the unemployment of the 1930s.

At least 25 percent

The federal Art Project paid artest to produce public art

The New Deal. That was its name, coined from FDR's inaugural speech where he promised the American people a "new deal". The series of legislator he passed in his first 100 days in office were known as the New Deal.

When prices go up, and income goes down. Look up the great depression. K. YOU WELCOME. c: -Zoie. (:

no

Yes. The correct way to write it would be..... Great Depression.