I have an essay to write about if sometimes it was better to die (by getting someone to kill you or by committing suicide) than to live during the great depression, and I have to find reasons why. Any ideas?
The stock market had collapsed during the Great depression. All the businesses were affected. Suddenly people found themselves in deep debt. They lost sight of all hope. Suicides were common.
I think such a situation that is so full of hopelessness can be a reason to resort to the dreary action called suicide.
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Depression is starting. (not "feelings"). Many business are going bankrupt, people in debt, gas is extremely high, yesterday I went to buy a gallon of milk and it was $5+ ( last week it was $2+). How long do you think this depression will last? And do you believe it might even go up to like the "Great depression"?
with all of what we are experiencing now, it is possible. it might be even worse then the 1929 great depression because even though stock markets are not yet crashing, many businesses and establishments are being bankrupt. i just hope it will not be that worse. lets just hope saving the environment is a good move to stop this bad things happening.
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[ The following is an exact transcript of this podcast. ]
Believe it or not, depression can be good for your health. Ok, not that kind of depression. An economic depression. According to work published in the Proceedings of the National Academy of Sciences , people actually got healthier during the Great Depression. [More]
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Right now, it’s 6.5% and rising daily. In the next few months, I would not be shocked to see it go to 8, 9, or even 10%. What was the unemployment rate during the great depression in the 30’s, and do you think the country is headed for another great depression?
the passage of the smoot-hawley tariff act caused the unemployment rate to skyrocket to over 20%. raising taxes in any way, shape or form in this kind of environment is suicide.
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knaanhttp://gdata.youtube.com/feeds/api/users/knaanMusicK’NAAN, great depression, troubadour, knaanThe Great depression
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When the economic theories of the Classical Economist were not sufficient to put an end to the Great Depression of the 1930s, government leaders began to look for other ideas to help end the problem and came across Keynesian economics.
What can be done to avoid a depression in the first place?
Apple, learn to read. She was referring to an economic depression, not a mental one. Yeesh. Trying to come off as so smart but end up discussing the wrong thing.
I really do not think there is much we can do to avoid a depression to be quite frank. We can as a society be less greedy and try to cut back but that does not always work. With over 300 million Americans alone it takes one hell of a lot to convince that many people to conserve and consume less, to buy less unnecessary items. We are all guilty of buying things we do not need.
Will we ever hit a depression similar to that of the 1930s? Highly unlikely. Too many policies and other safeguards in place to prevent it. We are in a mild recession but I think this is all political. I feel it will change once a new president is elected. That's how this game works.
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I am doing an assignment on “To kill a mockingbird” and am stuck on the cultural context. Can someone please tell me how the great depression and civil rights movement caused racism and class issues? cheers!
During the great depression many whites were lowered down in the class system to where many blacks were during that time. Especially in the south and more rural areas. This causing them a lot of hostility towards one another. Whites hostility was caused by feeling inner anger towards blacks because they were now competing for the same jobs. Blacks hostility was now caused because the whites were now pushing them out of what was then considered “blacks jobs” and leaving them nothing. My grandfather was a tenant farmer in rural alabama and worked alongside blacks in the fields doing manual labor. He said that although they worked together, they didn’t really speak to one another any other time than when they were working.
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Was just wondering how the Military and their families were affected by the great depression IE. How did they live compared to the rest of the population of the united states…
pretty much they lived like crap. They had to live in tents and eat bread and potatoes. They only got food whenever the community kitchen had money to buy food for the poor.
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I’m always hearing that the Great depression was caused by a major drop in the stock market. Well, I never completely understood that, but no teachers ever gave me a good enough answer. How is it possible that everything in the stock market just happens to fail all at once? If there is more to the story then what I’ve mentioned, please explain that also. Thank you.
The Great Depression was not a sudden total collapse. The stock market turned upward in early 1930, returning to early 1929 levels by April, though still almost 30 percent below the peak of September 1929. Together, government and business actually spent more in the first half of 1930 than in the corresponding period of the previous year. But consumers, many of whom had suffered severe losses in the stock market the previous year, cut back their expenditures by ten percent, and a severe drought ravaged the agricultural heartland of the USA beginning in the northern summer of 1930.
In early 1930, credit was ample and available at low rates, but people were reluctant to add new debt by borrowing. By May 1930, auto sales had declined to below the levels of 1928. Prices in general began to decline, but wages held steady in 1930, then began to drop in 1931. Conditions were worst in farming areas, where commodity prices plunged, and in mining and logging areas, where unemployment was high and there were few other jobs. The decline in the American economy was the motor that pulled down most other countries at first, then internal weaknesses or strengths in each country made conditions worse or better. Frantic attempts to shore up the economies of individual nations through protectionist policies, like the 1930 U.S. Smoot-Hawley Tariff Act and retaliatory tariffs in other countries, exacerbated the collapse in global trade. By late in 1930, a steady decline set in which reached bottom by March 1933.
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These companies were huge! Would FDR have to bail them out during the Depression? Or was it more like the Compromise of 1850, only delaying the inevitable onslaught of the depression? Would the Great Depression have occurred earlier?
It is hard to say of course but there were a number of factor affecting the Great Depression.
There has never been one consensus explanation for the Great Depression. Since 1929, economists and historians have developed a number of competing theories to explain the American economy's disastrous performance in the 1930s, and their debates over the true causes of the Depression—which have profound public-policy implications even today—have often been quite contentious.
From Shmoop
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