The Great Depression began in 1929, when the stock market in the United States dropped rapidly. ... A prime example that led to this tragedy is the Federal Reserve's decision to raise interest rates in 1928 and 1929. ... Although it originated in the United States, the Great Depression caused drastic declines in production, severe unemployment, and heightened deflation in almost every country of the world. Its social and cultural effects were no less staggering, especially in the United States, where the Great Depression represented the harshest of misfortunes faced by Americans since the...

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• Grade Level: Undergraduate

During the Great Depression, life for many Americans was difficult. ... Jim is trying to provide for a family after he lost his license during the Great Depression. ... They show the struggle that some relationships had because of the Great Depression. ... This remarkable story took place during the Great Depression, 1929-1935, in both New York and New Jersey. ... The movie relates to the Great Depression because Jim Braddock is going through all these hardship during the Great Depression. ...

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The Great Depression started in late of October 1929 and in some countries didn't end until World War II. ... With the Great Depression being at its highest impact, many knew what type of life was ahead of them. ... The homeless during the Great Depression were fighting for survival, unlike today's society. The homeless from the Great Depression was not by choice. ... The survival from the Great Depression and now for the homeless is completely different in mentality form....

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Could the Great Depression of the mid 1920's to late 1930's have been prevented? ... Could we have prevented people panic selling their stalks in October of 1929 when the stalk market crashed? ... I believe that the Great Depression could have been prevented and I have the answers to these questions and more in the following paragraphs. ... Five days later October 29, 1929 the market crashed again this time for good loosing over $30 billion was lost people named the day black Tuesday. ...

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It is clear that once the panic in 1929 occurred, the Great Depression started going in full swing. ... Credit Spending was also another crucial cause of the Great Depression. ... Credit spending truly had a domino effect that would eventually cause the Great Depression. Without the problems of failure of banks and credit spending, the Great Depression would arguably be non-existent. ... Although the bad times seemed to be pushed away by blind optimism, the Great Depression was inevitable because of these problems....

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The same problem exists when talking about a depression. An economic depression is a period of economic shrinkage that lasts for several years. Most Americans are familiar with the term because of the Great Depression beginning in 1929, but few people recall the details other than the stock market crash and the rush on the banks in October of 1929. ... Many fear that the current economic trend is the beginning of a depression. Economists would argue that it isn't a depression until it has existed for several years, but politicians and business owners and others have expressed concern t...

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The Great Depression was indeed the worst ever economic slump in the history of the United States. Nearly all aspects of the industrialized world were affected starting in 1929. ... Another of the rather perilous causes of the definitive Great Depression was excessive speculation in the stock market. ... The economy was down; the Great Depression had begun. ... The Great Depression was the worst economic slump America had ever seen, and hopefully, will ever see. ...

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This financial crisis was later known as the Great Depression. There were many factors that played into the bringing about the depression but the main cause for the Great Depression was the combination of the market crash and the weak banking system in the United States. Throughout the boom of the 1920's, the stock prices went up and more than quadrupled from 1920 to 1929. ... People used borrowed money that they couldn't repay because of the weak banking system, another reason for the Great Depression. The weak banking system was another reason for the Great Depression. ...

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However, when the stock market crash hit in 1929 him and his family lost everything. ... James Braddock's story is an incredible journey that gave hope to many during the trying time of the Great Depression. ... James had already tried to make his way through the depression with boxing, but it was unsuccessful, embarrassing, and resulted in having his boxing license revoked. ... James Braddock, the man who used to have it all, was in the same boat as the others facing the struggles during the Great Depression, making him more relatable. ... He journeyed through both lows and highs and w...

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The Great Depression is something our nation as well as the rest of the world will likely never forget. ... During "Black Tuesday", the day of the stock market crash of 1929, chaos ensued as people rushed to the banks to try to save their hard earned money, but to no avail. ... "Having captured the plight of Midwestern farmers who were forced to flee the Dust Bowl and move west in search of work, the picture became the iconic image of the Great Depression.... Migrant Mother by Dorothea Lange truly captured the essence of the Great Depression. ... This documentary photograph beca...

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For instance, a year ago when the European Union experienced their own Great Recession and pursued the kind of big-money stimulus pioneered by the FED, wealthier northern nations led by Germany opposed this action. ... The stock market crash of October 29, 1929 did not lead to the hardship of the Great Depression; how the government altered the markets did. Once again, not learning from the mistakes of our past, the Great Recession stemmed from the same faulty actions. When will a normal decline in the free-markets become not something GREAT, but something expected? ...

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A few times that we experienced this first hand was during the stock market crash of 1929, the tech crash of 2000, and the financial of 2008 (http://useconomy.about.com/od/Employment/p/cyclical-unemployment.htm). ... The Great Depression in 1933, with the unemployment rate at 25 percent, reflects the worst cyclical unemployment in the United States history (BOOK). ... Unemployment creates unhappiness that could lead to depression. ...

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