Category Archives: April 27 Assignment
Burdens from the Past
The Great Depression that hit American cities in the 1920’s to 1930’s only exacerbated the financial problems incurred from the earlier years of the 1900’s. American cities expanded immensely and borrowed a lot of money through bonds issues which were unfortunately due … Continue reading
Entertain the Masses
During the Great Depression, a time of need and despair, there were still ways to keep the masses entertained. The radio’s importance during this time greatly increased. Franklin D. Roosevelt’s “Fireside Chats” reached out to many American families while in … Continue reading
The Financial Burden of The Great Depression
[kml_flashembed movie=”http://www.youtube.com/v/RJpLMvgUXe8″ width=”425″ height=”350″ wmode=”transparent” /] Every economy goes through an economic cycle which is various stages: peak, contraction, recession, expansion, and boom. The 1920s was the expansion period where the country’s economy experience tremendous growth. Chudacuff explained Growth in … Continue reading
Social Security Act
Due to the Great Depression many people were crying out for jobs and security. In August 1935 the Social Security Act was passed. It was favored by the people over other relief agencies. It basically created programs for the elderly, … Continue reading
Depression
Around 1929, the American nation was experiencing a problem, which is the Great Depression. It was not surprising that the nation had to face this crisis because the economy was treated irresponsibly, and a lot of unnecessary excesses were … Continue reading
Housing & Great Depression
“Between 1926 and 1933 the number of annual mortgage failures quadrupled, and by the latter date home mortgages were being foreclosed at the rate of one thousand per day. In New York City alone, 186,000 families were served eviction notices … Continue reading
Three little Pigs in The Great Depression
Because of the main problems has already covered in the blog, i decided to say something about the government problems that should help people in such difficult period. When the Great Depression started, Herbert Hoover was the president of the … Continue reading
A Tale of Many Cities
The cities were tremendously affected by the Great Depression. One reason was unemployment. Many were unemployed and since the cities were overpopulated, majority of the citizens remained without a job causing the economic turmoil to be magnified; “Unemployment loomed as … Continue reading
Everyone is on Their Own
During the Great Depression, the market collapsed dramatically, along with the world trade. Because virtually every stock of the New York Stock Exchange had depreciated by more than 20% in a short period of time, the economy was in shambles. … Continue reading
Let’s make a deal
The Great Depression had a heavy negative impact on American cities. Due to this financial crisis, power of governments grew, on both a local and national level started to play a bigger role on society and economics. The national government … Continue reading