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Thursday, April 11, 2013

The Great Depression: what brought it about and how it affected the public.

The Great Depression and the New Deal

In the summer of 1933 President Franklin Roosevelt urged the coal mining workforce to join the union. By no term at all workers everywhere were flocking to the union by the thousands. The miners believed that Roosevelt was try to get them recognition of the United exploit Workers of America. The coal constancy was dangerous work and was getting worse with the bulky mental picture in 1929. Unemployment rose while wages were cut. The United Mine Workers (MNW) helpless 300,000 patrons in seven eld. Workers organized themselves to get change working conditions and a union contract. By 1930 the union conquest was not final but the developments showed the forces that changed America.

The investment company market place dispel that revea direct the flaws of the economy ended the prosperity of the 1920s. The two previous years the market hit record highs, this was due to optimism, easy book of facts and manipulations of the speculators. After peaking in September it endured several sharp checks, and on October 29th, what is now known as Black Tuesday the stock market crashed. Panic spread throughout the market and investors sold their stock at any price. The most damaging factor that led to the crash was unequal distribution of wealth. Out of 400,000 corporations, 200 controlled one-half the corporate wealth. Prices were kept high and rigid rather than set by supply and demand. The market crash marked the seed of the impression.

By the 1930s, the effects of the fallen economy were painfully evident. Factories shut floor or cut back, and industrial production dropped dramatically. Many bring up families along with urban families could not pay their mortgages. Farm families lost their home and fields and roamed the highways, and railways while urban families lived in Hoovervilles.

The depression particularly harmed racial minorities.

you have given the causes of the crash a very vague treatment.

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You should mention the lassaiez-faire attitude of the republican goverment towards bussinesses that allowed spiralling debt to go undelt with and the isolationist policys which meant that america placed taxes o all foriegn goods.This caused a rise in the economy for a short while, until a saturation point was reached where by no-one needed any more than of the new white ggods and machines that had kept the economy afloat,so businesses went bankrupt, and the chain of events lead-in to the crash and the depression.It continued for so long, because having turened its back on the suspension of the world, america didnt really have any allies to bond it out. there you go, a few extra marks!

First off, I agree with both allythegr8 and glengem, you need to take both of their advice infra consideration. Second off, you tried to cram a complicated and drawn-out subject into a very short piece and did not even cite any references. You brought up some great points, but they were pretty much in one sentence form which is quite unacceptable. You needed to expound on those ideas and maybe drafting an outline before you write would help with the expression of the paper and also help to explain your ideas more clearly.


just Job, studmfn683.

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