The Great Depression was a turning point in U.S history. It has generally been established that the stock market crash in October 1929 was the beginning, and even the cause, of the Great Depression. ... In 1929, after a decade of economic growth, more than half the families in America lived on the edge of or below the minimum subsistence level. ... The automobile industries" sales fell by more than a third in the first nine months of 1929. ... Although we recovered from the Depression it is within the realm of possibility that politicians would again make choices that would lead to into an...

• Word Count: 1109
• Approx Pages: 4
• Grade Level: Undergraduate

The Great Depression When Franklin D. ... The banks were closing down due to the depression. ... The Great Depression was not the first or only depression Americans had seen, but it was the worst. ... The Board finally realized in 1929 that it could not sustain its current policy. ... They think Hoover just led us to the depression. ...

• Word Count: 773
• Approx Pages: 3
• Grade Level: High School

During the 1930's, the major effect of the Great Depression resulted in the New Deal. ... The stock market crashed on Thursday, October 24, 1929, less than eight months into Herbert Hoover's presidency. As the Depression became worse, calls grew for increased federal intervention and spending due to the rise of the unemployed and drop of income, tax revenue, profits and prices as well as international trade. ... " He argued that the stock market had crashed in 1929 simply due to the fact that the "administration ha[d] not recognized that interrelationship existed at all.......

• Word Count: 739
• Approx Pages: 3
• Grade Level: Undergraduate

Roosevelt devise a plan to rescue the United States from the Great Depression it had fallen into. ... Roosevelt's New Deal is the plan that brought the U.S. out of the Great Depression. ... This would slowly start a chain reaction and bring the economy back to the way it was before the depression. ... In 1929 he wrote We Can Conquer Unemployment and in 1930 he wrote his Treatise on Money. ... Roosevelt took these philosophies and created the New Deal, which eventually brought the United States out of the Great Depression. ...

• Word Count: 979
• Approx Pages: 4
• Grade Level: High School