S: The Great Depression By Brittany Rager
FC: The Great Depression
1: How The Great Depression Happened. | The Great depression was caused by people who started taking more loans out and not paying the loans back. As a result less loans were being created, which in turn less money was going into the economy. As the markets stopped going up investors began to panic and sell their shares of stock causing the market to go in a downwards spiral.
2: When It Started.
3: When the great Depression started in 1929, it raged on until 1939. Thats ten long years that people starved, were in poverty, and with out jobs. The only thing people could do at that time was wait and hope things turn out better soon.
4: The effects did not only hurt the city folk but also the rural farmers too. Each group had what the other needed, the city people needed the goods and the farmers had to much. Both types of workers suffered equally.
5: The suffering of the People
7: The New Deal Influence | Each New Deal program had its own success. Some programs regulated wages and prices, which helped most families buy things they needed, like food and clothing. It also increased employment. Social Security helped the elderly who could no longer work. Though the New Deal programs helped alleviate some of the problems during the Great Depression, they did not end the economic downturn entirely
9: The Beginning of WWII | World War II was responsible for the change in the economy.The suffering American economy was given a boost when the fighting countries needed supplies and looked to America to make them. After Pearl Harbor was bombed on December 7, 1941, America entered the war. The U.S. enlisted more than 10 million men and women into the military. Since so many were fighting in the war, it was for those left at home to work in the factories to make supplies for the war effort. The economy of America skyrocketed and was on the road to restoration.
12: Man is so made that he can only find relaxation from one kind of labor by taking up another. ANATOLE FRANCE
16: It is better to wear out than to rust out. RICHARD CUMBERLAND
25: Without labor nothing prospers. SOPHOCLES