People thought things would only get better, but as stock prices continued to rise, it reached levels that could not be justified by anticipated future earnings by the end of 1929 (The Great Depression). ... Although it did not impact the people immediately, since only 2.5% of the population had stocks, it did affect factories and other businesses (The Great Depression). ... But where was President Hoover to help the people? ... Roosevelt started working right away in helping the economy, starting with the all famous New Deal (McNeese 47-49). ... Could the Great Depression happen again? ...

• Word Count: 629
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

The Great Depression began in 1929, when the stock market in the United States dropped rapidly. ... 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 Civil War. ... Roosevelt worked on this program immediately after his election; this deal had an exceptional number of reform...

• Word Count: 807
• Approx Pages: 3
• Grade Level: Undergraduate

THE NATION CONFRONTS THE GREAT DEPRESSION In the roaring twenties, the United States enjoyed unheard of prosperity. ... The onset of the depression in both rural and urban areas demonstrated the inability of the US economy to cope with the impact of the crash. ... They moved with their families to locations less desirable. ... President Hoover opposed federal aid for a variety of reasons. ... There are three main reasons that explain the causes of the prolonged tailspin of the economy during the Great Depression. ...

• Word Count: 490
• Approx Pages: 2