Amber Navarrete

12th Grade
Economics-AFSE

Have you ever had to live in your own car because you couldnt support yourself or your
own family to live in a house?Or forced to humble yourself to stand in line at a soup kitchen or a
breadline because you couldn't afford to pay for your own meals?Well, the people in 1929
throughout 1939 had to actually have to live through it not only for themselves but for their
loved ones as well.They were forced to live out of their own home because they had lost their
jobs and their whole life.Their daily life became standing out or sitting in the cold waiting for
their next meals in the soup kitchen, not knowing when that could be.Yet when this occurred
Franklin Delano Roosevelt created the New Deal, helping those people who couldnt stand on
their own.This was called the Great Depression, the longest and deepest economic downturn in
American could have ever been in.The Great Depression arrived in 1929 because the crashing of
the stock market, the unemployment in America to rise higher led to the struggles of people
scrambling to find enough money to keep on living and creating the New Deal by Franklin
Delano Roosevelt to help the unfortunate who were struggling at this time.

The Great Depression was when American was placed in an intense environment from
the economy, even though the stock market was at its ballpark in the 1920s for 5 years
straight;the Great Depression still occurred because the stock market had crashed losing over $30
billion of dollars.On October 24, 1929, the stock market finally burst, as investors began were

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dumping shares because dumping share at the time meant more money into your
pockets.Investor believed buying shares would be extra income to their daily life.Throughout 4-5
days over millions of shares were traded but nothing came up at the end of the broken, just a debt
was on the other line that nobody could actually pay back.All shares that were bought had failed
and instead of getting more money into your pockets, money was taken away.This is clear in this
line,12.9 million shares were traded that day, known as Black Thursday. Five days later, on
Black Tuesday some 16 million shares were traded after another wave of panic swept Wall
Street. Millions of shares ended up worthless, and those investors who had bought stocks on
margin were wiped out completely.(History.com Staff) People who spent and invested their
own money on stocks were forced to pay up during the market crashing, leading factories and
other businesses to slow down in production and construction or shutting down the companies
completely and begin firing their workers or lowering the wages.According to this
line,Unemployment rose to 25 percent while wages fell 42 percent. (Amadeo).Workers were
becoming unemployed faster and faster by the minutes and if the workers didnt lose their jobs
then the paid check was deducted by a huge amount.The shares that were traded in the market
were worthless and didnt have any value. In the end, numbers drop down affecting many
people.The stock's market crashed took over millions of people down with them because people
were fired since from their jobs.

In the Great Depression, a series of financial crises starting lining up for people, making
the people of America homeless or struggle to maintain their old style of life.Business and
companies couldnt keep workers forcing them to let them go or decreasing payroll by huge

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amounts, at the rate set by the government.Many couldnt even to stay in their own homes
because of this incident because they could afford to.Clear in this line, Businesses began to lay
off workers to offset new losses. Many manufacturers had overproduced and created huge
inventories.(The Independence Hall Association).People were fired since factories didnt need
as many workers or any at all to keep on producing their products.Many of the unemployed
began to travel great distances from their homes from their families to began a search of work,
that they could find.The majority of these people were men, who had worked their way through
college believing that it would offer them job stability, but the men found themselves standing in
long unemployment lines, competing for basic jobs at wages that were barely enough to feed
their families.Since they couldnt find any kind of work, many of their wives had left them with
their children's.(Jankowski).The huge amount of struggling people stand in lines to find food and
work but in the end, much couldve been done.When the workers were losing paid rolls by the
companies and couldnt find a job to that was enough to feed their families, many of them were
forced to adjust to new lifestyles.Many workers had families who they couldnt support
anymore, making them waiting in line in the cold for the Breadlines and Soup Kitchens for their
next meals.According to this line,Families were financially unable to scrape up money for their
next meal. Bread lines and soup kitchens were established as charitable organizations giving free
bread and soup to the impoverished. (Edelson and Paradis)The financial crisis was coming from
the stock markets, workers were losing Jobs because the companies ethers were making too
many products or couldnt afford to pay the worker anymore.The numbers that were going down
in the stock market were forcing to slowing down the production of products for many
companies because of this many workers had to leave their own homes and travel from a

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distance to find jobs that could actually provide income for them.however they couldnt find a
jobs ,in this time of need, many were losing their families just to support them.Unemployed
people were forced them to stand in long unemployed lines or stand in soup kitchens and
Breadlines for their next meal because they couldnt pay for their meals on their own.

Since the Stock Market crashed, some workers couldnt just adjust to this new way of
life, and couldnt stand in unemployment line anymore waiting for Jobs that could not afford
their old house or the next meal for their families. This caused their wives to take their children
away from their father , making some fathers take their own lives because of the Great
Depression.The rate of suicide was raised enormously because people couldnt see a way out of
the Great Depression since they were in the huge amount of debt.The homeless saw no way out
of the Depression this is clear in the lines,The suicide rate which, surprisingly, had been rising
steadily through the prosperous '20s, actually peaked in 1932 when 17.4 of every 100,000
Americans took their own lives -- an all-time high. (Lowenthal).A man who was a president of
the Rochester Gas and Electric Corp found himself lost because of the debt he was in of more
than $1,200,000, leading to ended his own life.(Lowenthal ) Many thousand Americans took
their own life anyway because of the stock market, they struggle to keep on going with the
economy.100,000 American had given up in the StockMarket and felt like they had no choice to
end their lives.Since millions had killed himself because of debt, many of the depts wasnt being
paid off making the economy worst and wasnt improving.The Great Depression put many
people on the line of their own end.

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Millions were losing their homes and jobs because the crashing of the stock markets, a
solution to this was the creation of the New Deal by Franklin D Roosevelt because it was
attempting to get American out of the Great Depression.American didnt elect Herbert Hoover
President in 1932 once more since he was blamed of the creation of the Great Depression.Hoover
failed to see several issues and create balance in the Federal Government.Franklin D Roosevelt
was elected President of America in 1932 because the people saw he had plans to solve
American problems and the solution was called the New Deal.The New Deal had created new
programs to give millions of homeless a jobs that were conserved, or protected.Clear in the
Line,The New Deal was a series programs that created millions of jobs and sponsored public
works projects that reached most every county in the nation.(Independence Hall Association in
Philadelphia)The programs in the New Deal had focused on high paying jobs in the construction
arena resulted in a much greater expense to the federal government.(Kelly)The New Deal helped
America muddle through the dark times strong enough to tackle the even greater task that lay
ahead.One of the programs was called CWA - Civil Works Administration, it was created in
1933 to create jobs for the unemployed.In 1939, the unemployment rate was still 19 percent, and
not until 1943 did it reach its pre-Depression levels by the help of the New Deal.A new turn was
coming from American.(Independence Hall Association in Philadelphia).The New Deal was
created because Franklin D Roosevelt wanted to help millions to get out of the Great
Depression.This was a new turn because it was the creation of programs to give out jobs that
were protected and reinsure the people of America that they didn't lose their jobs like they did
before.It's had pulled American out of the Depression and showed hope to it.If the Stock Market
did never crash losing over millions of dollars forcing these working to live off the street then the

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New Deal would have never been created to save these people.The New Deal still impacts us
workers today as we speak because it created new laws, bank security and securities regulation to
give protection from ever being in contact with the Great Depression again.

The crashing of the stock market caused the arrival of The Great Depression arrived in
1929 and creating the unemployment in America to increase.Millions of unemployment workers
had to stand in line for their next meal since they couldnt afford to pay for meal themselves
without help.The family was separated to be able to find work from a distance and to keep their
own home but in the end, they had lost their houses and their old lifestyles.only standing in the
unemployment line.Thousand couldnt stand this way of living and ended their life because they
saw no way of the depression.In the year to come to the Franklin D Roosevelt became President
and created the New Deal.The New Deal help American get back on its feet once more and get
the family in American together as one.In the end, The Great Depression started because of the
crashing of the stock market, causing the unemployment in America to increasing, creating the
struggles of people scrambling to find enough money to keep on living and creating the New
Deal by Franklin Delano Roosevelt to help those people in need.

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Work Cited Bibliography

History.com Staff. "The Great Depression." History.com. A&E Television Networks, 2009.
Web. 13 Dec. 2016
Amadeo, Kimberly. "Worst Stock Market Crash in U.S. History." The Balance. N.p., 26 Nov.
2016. Web. 13 Dec. 2016.
"Sinking Deeper and Deeper: 1929-33." Ushistory.org. Independence Hall Association, n.d.
Web. 13 Dec. 2016.
Jankowski, Nicole. "See What It Was Actually Like To Search For A Job During The Great
Depression." All Day. N.p., n.d. Web. 13 Dec. 2016.
Edelson, Autumn, and Jenna Paradis. "Shantytowns, Dust Bowl, Soup Kitchens, Breadlines."
Great Depression. N.p., n.d. Web. 13 Dec. 2016.
Lowenthal, Bennett. "THE JUMPERS OF '29." The Washington Post. WP Company, n.d. Web.
13 Dec. 2016.
Kelly, Martin. "10 Significant New Deal Programs." About.com Education. N.p., 08 Aug. 2016.
Web. 13 Dec. 2016.

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