During this period, the nation's total income rose form 74.3 billion in 1923, to 89 billion in 1929. ... While the automotive industry was booming, the agriculture was declining steadily and our nations loans were increasing to Europe. ... At this time The Great Depression had psychological effects and health effects on our nation. People were loosing their jobs daily and couldn't afford health care, housing or food . ... Displacement of the workplace led to families being uprooted and moved to "Hoovervilles" and "Shantytowns" all over the nation. ...

• Word Count: 912
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

In order for the nation's economy to be stable total demand has to equal total supply. ... "Industrial production increased 50% , but workers could not buy goods as fast as the industry them because their wages were just too low and could only spend their money on the things they absolutely needed. ... When WW1 came to an end all European nations that allied with the US owed lots of money to American Banks. ... The working class, 1 in 4 lost their job and with no way to make money many lost their home and struggled to get food for their families. ... As mentioned before, families wer...

• Word Count: 1629
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

The use of labor saving machinery in factories and on farms enabled workers to produce more goods faster and less expensively. ... At some points, the American consumer could not buy the goods as fast as they were produced. ... The nations illusion of unending prosperity was shattered on October 24, 1929. ... Also, the plants used up the nutrients in the soil faster than they could be replaced. ... Unemployed young men who joined Hitler's groups were given food, shelter, uniforms and a sense of purpose. ...

• Word Count: 2446
• Approx Pages: 10
• Grade Level: High School

In World War I, European nations went off the gold standard to print money. ... Food came first before making babies which is acceptable since people lack the necessities of life. ... Due to this, many people were out of work and money, and food began to run low. ... " People could not afford their food, let alone their own life! ... " (McLelland) "Unfortunately for the well being of Canada's economy prices continued to plummet and they even fell faster than wages until 1933, at that time, there was another wage cut, this time of 15%" (McLelland). ...

• Word Count: 1284
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

Between 1929 and 1941, 4,000,000 Americans desperate for food and lodging roamed the land. Of this number, 250,000 were teenagers who rode the rails and grew up fast in speeding boxcars, living in hobo jungles, begging on the streets and running from the police and club-wielding railroad guards. ... Hoover's Attempts to Pull America out of the Great Depression The Hawley Smoot Tariff backfired on Hoover because it seemed like a declaration of economic warfare; it plunged both America and other nations deeper into depression that forced the U.S. further into the bog of economic isolation...

• Word Count: 969
• Approx Pages: 4
• Grade Level: High School

People's views of the world were tainted and many nations began to struggle. ... The use of labor saving machinery in factories and on farms enabled workers to produce more goods faster and cheaper. ... At some points, the American consumer could not buy the goods as fast as they were produced. ... New stores were popping up all over the nation and stores that were already around grew into chains, which stretched the length of the United States. ... In the 1920's the United States strived to be the world's banker, food producer, and manufacturer, but to buy as little as pos...

• Word Count: 2710
• Approx Pages: 11
• Grade Level: High School

But was this true or did the  Nazi propaganda machine move into overdrive to persuade the nation and Europe that she had achieved something that other European nations had not during the time of economic depression? ... The Nazi's therefore increased the prices of the food they produced, thus they made more profit from the selling of farmers goods. ... They lost out to big department stores and large factories who could sell the same products but much cheaper and much faster. ...

• Word Count: 959
• Approx Pages: 4
• Grade Level: High School