The Great Depression

The 1920s were known as a period of prosperity for the American nation. Unfortunately, the good fortune did not last. Following this epoch of success was a period in metre considered the final examination point in American history known as the Great Depression. It was a stage in which many Americans were unemployed, unsettled and starving. It brought devastation to the United States economy, as well as sure depression to the American public. Various issues caused the fall of the most thriving country in the world such as, the accumulation of certainty loans and lack of prevailment agencies regulating the stock market. Throughout the 1930s, the American government and its people dealt with the depression in numerous ways. Herbert vacuum was the president at the start of the Great Depression. He believed in rugged individualism and had confidence that the American people would ratify themselves out of the turmoil at hand without government interference. He sugge sted that wealthy individuals aid the poor and local governments support the states. (doc 1) He also recommended citizens partake in mutual self-help programs in govern to reduce labor costs. Sadly, many people felt withdraw by their president and even worse, their country.

Individuals whose houses were foreclosed had no choice unaccompanied to move into awful and repulsive communities. These slum neighborhoods, or Hoovervilles, were hovel towns built by homeless people lacking structure. crowd often slept covered in newspapers known at the metre as Hoover blankets, further indicating the publics passion w ith the Hoover administration. World War One! veterans, along with their families, had no money or food and were not going to part until they received some. The force was sent to take the bonus army away from Washington. They used tear gas against the veterans and a petty(prenominal) boy lost his eyesight in the uproar. In other instance of violence, a babys life was claimed. (doc 4). The American people were in an outrage...If you want to get a in effect(p) essay, order it on our website: OrderCustomPaper.com

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