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THE GREAT DEPRESSION

The Great Depression, was an immense tragedy that placed

millions of Americans out of work, itwas the beginning of government


involvement in the economy and in society as a whole.

The Great Depression began in

August of 1929
It was when the USs economy first went into an economic rescission The market crash marked the beginning of a decade of high unemployment, poverty, low profits deflation, plunging farm incomes, and lost opportunities for economic growth and personal advancement,

It was not until the Wall Street of October, 1929 that the effects of declining economy were

felt, and a major worldwide economic downturn ensue

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The Dust Bowl

Banks would then foreclose on the small farms and the farmer's family would be both homeless and unemployed.

T H E U. S . ECONOMY B RO K E D OW N AND ENTERED THE GREAT DEPRESSION DURING THE PRESIDENCY O F H OV E R


Although

President Hoover repeatedly spoke of optimism, the people blamed

During the 1932 presidential election, Hoover did not stand a chance at reelection and Franklin D. Roosevelt won in a landslide. People of the United States had high hopes that President Roosevelt would be able to solve all their woes.

As soon as Roosevelt took office, he


closed all the banks and only let them reopen once they were stabilized. Next, Roosevelt began to establish programs that became known as the New Deal.

TO MANY AT THE TIME, PRESIDENT R O O S E V E L T WA S A H E R O. T H E Y B E L I E V E D THAT HE CARED DEEPLY FOR THE C O M M O N M A N A N D T H A T H E WA S D O I N G H I S B E S T T O E N D T H E G R E AT D E P R E S S I O N. L O O K I N G BAC K , H OW E V E R , I T I S U N C E R TA I N A S T O H OW M U C H RO O S E V E LT ' S N E W D E A L P RO G R A M S H E L P E D T O E N D T H E G R E AT D E P R E S S I O N. BY A L L ACCOUN TS, TH E N EW D EA L PROGRAMS EASED THE HARDSHIPS OF THE G R E A T D E P R E S S I O N ; H O W E V E R , T H E U. S . E C O N O M Y WA S S T I L L E X T R E M E L Y B A D B Y THE END OF THE 1930S.

The major turn-around for the U.S. economy occurred after the bombing of

END OF THE GREAT DEPRESSION


United States into World War II. Once the

Pearl Harbor and the entrance of the

U.S. was involved in the war, both people


and industry became essential to the war effort. Weapons, artillery, ships, and airplanes were needed quickly. Men were trained to become soldiers and the women were kept on the homefront to keep the factories going. Food needed to be grown for both the homefront and to send overseas. It was ultimately the entrance of the

U.S. into World War II that ended the


Great Depression in the United States.

BIBLIOGRAPHY
http://en.wikipedia.org/wiki/Great_Depression http://en.wikipedia.org/wiki/Great_Depression http://www.english.illinois.edu/maps/depression/about.htm http://history1900s.about.com/od/1930s/p/greatdepression.htm

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