Tuesday, December 17, 2019
Down And Out In The Great Depression Essay - 1335 Words
During the 1920ââ¬â¢s, America was a prosperous nation going through the ââ¬Å"Big Boomâ⬠and loving every second of it. However, this fortune didnââ¬â¢t last long, because with the 1930ââ¬â¢s came a period of serious economic recession, a period called the Great Depression. By 1933, a quarter of the nationââ¬â¢s workers (about 40 million) were without jobs. The weekly income rate dropped from $24.76 per week in 1929 to $16.65 per week in 1933 (McElvaine, 8). After President Hoover failed to rectify the recession situation, Franklin D. Roosevelt began his term with the hopeful New Deal. In two installments, Roosevelt hoped to relieve short term suffering with the first, and redistribution of money amongst the poor with the second. Throughout these years of theâ⬠¦show more contentâ⬠¦46). After the Hoover years, however, a man portrayed as a father figure became some of the nationââ¬â¢s citizensââ¬â¢ only hope, Franklin D. Roosevelt. The middle-class, so metimes seen as hit the hardest by the Depression, pleaded with the Roosevelt administration for any help, but remained very proud in doing so. Many begged to remain anonymous. Also, like many other classes, the members of the middle-class didnââ¬â¢t want charity or handouts; they just wanted employment, or possibly a loan (pp. 53-4). No one took pride in having to write these letters. Many had to swallow their pride just to get pen to paper. ââ¬Å"It is very humiliating for me to have to write to youâ⬠one Depression victim wrote (pp. 62). Middle-class citizens, like the rural citizens, wanted nothing less than the blacks to take their employment (pp. 94). The rural citizens also turned to the Roosevelt administration as a beacon of hope. The cherished the values of independence and hard work, so they asked only for employment or a loan (pp. 69). Their ideal solution to this economic terror was employment, as a result. They werenââ¬â¢t satisfied with the outcome of the relief though. They believed the relief was just creating ââ¬Ëloafersââ¬â¢ out of the unemployed who choose not to work (pp. 125). They felt that Roosevelt should ââ¬Å"give work to the needy ones, and not to the ones that have everythingâ⬠(pp. 138). The rural citizens felt slightly forgotten, but not as forgotten as someShow MoreRelatedDown and Out in the Great Depression1371 Words à |à 6 PagesDuring the 1920ââ¬â¢s, America was a prosperous nation going through the ââ¬Å"Big Boomâ⬠and loving every second of it. However, this fortune didnââ¬â¢t last long, because with the 1930ââ¬â¢s came a period of serious economic recession, a period called the Great Depression. By 1933, a quarter of the nationââ¬â¢s workers (about 40 million) were without jobs. The weekly income rate dropped from $24.76 per week in 1929 to $16.65 per week in 1933 (McElvaine, 8). After President Hoover failed to rectify the recession situationRead MoreEssay on Great Depression11 74 Words à |à 5 PagesThe Great Depression During the 1920ââ¬â¢s America was experiencing great economic growth. As WWI was ending Americans were out of energy. For almost 100 years they had been facing the problems of sectionalism, civil war, reconstruction, imperialism, and WWI. By the end they were ready to just sit back and party. Demand sky-rocketed and brought great economic growth. Americans failed to see the great problem looming overhead though. The Great Depression was caused by a combination of factors- a naturalRead MoreTaking a look at the Great Depression 795 Words à |à 3 Pages Great Depression The great depression was one of the worst disasters that occurred in U.S history. October 29, 1929, is the day the stock market crashed, and that day was the beginning of The ââ¬Å"Great Depressionâ⬠. 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The 30ââ¬â¢s were a time of great distress for many Americans. Events such as the stock market crash, an economy suffering from being inflated, overuse of credit, a farming crisis, and other events led America to the economic downfall known as the Great Depression. During the great depression, the unemployment was high, the wages wereRead MoreThe Great Depression Changed America845 Words à |à 4 PagesEssay The Great Depression changed our whole society but not in a bad way. The drop of the stock market gave buyers two choices; work harder to earn their money back or give up. After families lost most of their money they gave up and couldnââ¬â¢t provide for themselves. The Great Depression has majorly affected our current world. The Great Depression had shown how big companies affected America, how much the Executive branches power had grown and how the bank could not always be trusted. 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