The Great Depression is something our nation as well as the rest of the world will likely never forget. The time period from the early 1930s to –in some cases – the end of World War 2 was the worst depression of the 20th century and is still used as an example of just how bad our economy can get to this day. ... Jobs were lost, businesses completely shut down, and people who once considered themselves well to do plummeted below the poverty line. ... When the effects of the Great Depression began to become palpable in her area and closed her own business, Lange couldn't help bu...

• Word Count: 1422
• Approx Pages: 6
• Grade Level: Undergraduate

During the 1920's the United States was in a dream world. ... Improvements in mechanics and the arrival of new inventions eliminated many jobs in the factories and prior to the loss of jobs people felt no need to be cautious with their money leaving them broke. ... The unemployment rate continued to stay in the double digits until 1940 when World War II supplied jobs for the masses (Samuelson 1). ... The lucky ones met people along the way who felt compassion for the young hoboes traveling on their own and took them in giving them clothing and shelter for a period of time. ... Ma'...

• Word Count: 1628
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Prior to World War II, both Joseph Stalin and Adolf Hitler rose to power in their respective countries and brought about great change during their ensuing reigns. ... Although, Germany eventually lost World War II, Hitler did much more with much less in Germany when compared to Stalin. ... After World War I, Germany was the country that was most heavily affected by the global economic collapse that followed the war. ... By 1933, Hitler had turned Germany into a war machine and the phrase, "Today Germany, tomorrow the whole world "3. ... He rose to power in a Germany that had a floundering ec...

• Word Count: 2251
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Keynes wrote about the experience the novel The Economic Consequence of Peace, where he argues against the reparations placed on Germany after the war. ... This is the reason why people were so content with their laissez faire economic policy. ... Keynes gained so much support because he predicted the economic problems that came after World War I and his creation of the World Bank after World War II5. ... In the Figure 2(http://www.amosweb.com/cgi-bin/awb_nav.pl's=wpd&c=dsp&k=Keynesian+economics), IS represents an aggregate of factors and ultimately total output, or GDP, and when governme...

• Word Count: 1814
• Approx Pages: 7
• Grade Level: Undergraduate