The Great Depression in America Essay - 2388 Words

nbsp;nbsp;nbsp;nbsp;nbsp;The Great Depression was a huge economic downfall in North America and involved many other industrialized countries of the world. The Depression began in 1929 and lasted for about ten years. Millions of people lost their jobs along with many businesses going bankrupt. The common misconception of the Great Depression is people think that the stock market crash was the main cause for it. There were many causes for the Depression; unequal distribution of money during the 1920’s was the main cause of the Depression. This unequal distribution happened on many different classes of people. The imbalance of money is what created such an unstable economy. The stock market was doing much worse than people thought†¦show more content†¦Firms cut back on purchases of produce goods and the consumers cut back on the purchases of consumer goods (Galbraith 117). This uncertainty mixed with the stock market crash created the biggest recession America has ever s een. nbsp;nbsp;nbsp;nbsp;nbsp;By 1933 millions of Americans were out of work. Bread lines were a common sight in most cities. Hundreds of thousands of people scoured the country in search of food, work, or a roof. There was a popular song from this era known as â€Å"Brother, can you spare a dime (Modern)?† A big step that happened for the unemployed were the Civilian Conservation Corps, a government program that brought relief to men between the ages of 18 and 25. The Conservation Corps gave jobs to young men in work camps across the country for about $30 per month. There were about 2 million men that took advantage of these jobs (The Great Depression). These men took part in a variety a jobs that included: planting trees, elimination stream pollution, creating game and bird sanctuaries, and conserving natural gases. For the other part of society work relief came in the form of the Civil Works Administration. These jobs consisted of ditch digging to highway repairs to teaching. Ci vil Works Administration was created in November 1933 and was ceased in the spring of 1934. Roosevelt continued to offer unemployment programs that offered pay (America). nbsp;nbsp;nbsp;nbsp;nbsp;The average farm income in 1930 was the lowest it had beenShow MoreRelatedThe Great Depression Of America920 Words   |  4 PagesThe Great Depression A major event in American history that has shaped society today is the great depression that began in 1929 and ended in 1939. The official day the stock market crashed was a a day known as â€Å"black Tuesday†. At the time, the American government was not prepared nor did they have policies in place that made them well prepared for such an event to take place. 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