ONLY REAL ANSWERS WILL REPORT FAKE ONES Using the Internet, or other sources, research daily life during the Great Depression in America in the 1920s and 1930s. Write an essay of at least 500 words. Be sure to use proper spelling and grammar, and write your report.
Questions to answer should include:
During the economic depression of the 1920s and 1930s,
What did people do to relieve the discouragement and despair?
How did they relieve stress?
What did they do for recreation? [As an interesting point of research, consider looking into the history of the game Monopoly®.]
What comfort did the Bible offer to Christians in the Depression?
Lastly, comment on the disparity between the "simpler pleasures" that people found during the early 1930s and our society's dependence on material goods, wealth, and electronic forms of entertainment today.

The Great Depression is one of the most tragical economic phenomena that took place in the American history and in the world history. It destroyed the economy, crashed the market, caused the high rate of unemployment. It took work from millions of people of America.

During Depression stock markets crashed, which affected all fields of economy, money was depreciated, prices increased, banks, other enterprises, and companies began to go bankrupt. Due to actions and events held by the government in order to be involved in the economic system, and their effects, the country’s economy was destroyed during the short period of time.

Background of the Great Depression

The beginning of the Depression was caused by the empowering of government involvement in the economy of the country and in the life of society. It was a period of big despair and big crash. Depression made people forget about the wealth, growth and prosperity of last decade and face new and economically unfair conditions of doing business and living circumstances.

Some historical facts

Time frames of The Great Depression: 1929 – 1939.

It is the longest and the strongest period of Depression which the Western world has ever experienced.

The start of the Depression was marked by the Black Tuesday (October 29, 1929). It was the last day of the stock market crash, it became the official start of the Depression period.

Having its start in the USA, the Depression influenced almost every country in the world. It caused a sharp decline in production, materials consuming and distribution volumes brought economic growth to a stop, raised the unemployment rate, etc.

Causes Of The Great Depression: Essay Basics

Researchers distinguish 5 major causes of the Great Depression, essay will disclose them.

The crash of Stock Market in 1929. Today we remember this "Black Tuesday," the day when the stock market crash of October 29, 1929, occurred. It was the cause of the Depression and subsequent sad events.

Failures of Banks: all markets including banks felt stock market crash. Almost 700 banks collapsed during a couple of months of the depression. More than 3,000 banks failed in 1930. Individuals lost their money, speculation started, society was shocked, people started to withdraw their money fast which hit the banks and forced them to close. The end of the decade was commemorated by 9,000 closed banks.

Purchasing Reduction - it was an additional huge problem, investments became worthless, savings were diminished, consumer demand decreased. It caused overproduction, a big number of companies stopped their production. In response workers of factories and plants were laid off en masse.

Economic Policy - the Depression influenced lives of nations, the government had to react and to act. In 1930 Congress passed the Tariff Act to give a protection to American industry from foreign competitors. It was based on high taxes on a big product range of imported goods. After this paper, world trade fell greatly, the companies could not supply anymore, and trade had no chance not to fall. It lasted until Franklin Roosevelt with a Congress passed new law according to which the president could negotiate lower tariffs.

Drought. Nature and environment made their contribution. America suffered from a years-long drought which together with poor farming experience caused big losses.

Explanation:

peace keepers

idealism to be spread

riches kept

the indians crossed artificial boundaries, setting the stage for conflict