Intro- During the great depression thousands lost jobs and thousands more were left homeless. Some say it is the worst time to be alive in America. This essay will display the causes, effects, and solutions of the Great depression. 

II Causes (The causes of the great depression were Crash of the stock market, overspuculation, bank failures)

A overspeculation (Define, how important)- Buyers who were hoping to make a fortune over night

B Govt Policy- govt put a tariff on some goods, it was known as the Hawley smoot tariff. It made it more expensive to buy foreign goods. It drove the price of crops down and put farmers farther into the depressiob.

C Unstable Econ- There were really rich people and really poor not much in the middle and this made the economy unstable.

1 uneven prosperity- the top 5% of the households in the US earned 30% of the nations income.

2 overproduction

3 worker issues / farm issues- during the war farmers focused on making a ton of food. After the war they had a mass amount of food and no one was buying it, this drove the prices down.

III Effects

A Poverty- Many people were very poor and were living in places called Hoovervilles. Soup kitchens fed many of the poor.

B Society- Atrisits who usually would go out and paint a pretty picture now documented and photographed the terrible times of the depression. They showed how dark and horrifying some situations were.

C World- In Germany hitler rises to power and becomes the president. He is very angry after the rest of the world has left him for the debt for ww1

IV Solutions

A Hoover- because so many Americans are not employed, so he creates all sorts of jobs and creates public programs to help bring the nation out of the depression.

1 Volunteerism- Hoover did not like the idea of giving money directly to the people so he offered opportunity’s for people to make their money.

2 Public Works- One big example is the Hoover dam, Hoover employed thousands on making the worlds biggest dam.

3 Hawley Smoot- Raised prices of foreign goods. It made the farming business very difficult

4 RFC- this was the reconstruction fiance corporation, it was created in 1932 in order to help banks through the depression.

B Roosevelt- the democratic president of the U.S. at the time. He was willing to try anything to get the Nation out of the depression.  

1 new deal- Roosevelts policies for ending the depression

a alphabet soup

            example FDIC Federal deposit insurance corporation- provided insurance on bank deposits

            example- sec- securities and exchange commission regulated the stock market

            example-aaa agricultural adjustment administration this paid farmers to stop growing certain crops.

            Example- CCC- civilian conservation corps this helped the unemployed.

b Criticsim?

2 2nd new deal

a Roosevelts idea to create new jobs

b. social security act- this provided security for elderly and unemployed americans.

C WPA- gave jobs to unemployed constructing highways and bridges, roads.

V Criticicism

B Political Criticism (ex. Came from both the _left___________ and ____right__________)

A Conservatives- American liberty was a group that did not like Roosevelts plan and felt it was violating their rights.

B Liberals (ex: criticised the new deal also. They....) wanted more action and spending

Ex Huey long made the Share out wealths clubs. He thought the rich should help the poor in order to stabilize the economy.

B Unions- when workers went on strike. There was a sit down strike.

C Culture- these were people who still belevied in the way the gov. was running in America.

VII Conclusion- The Great depression was a horrifying time and left many scared and afraid of what can happen. With the help of many programs set up by the president the Nation was helped out of the hole, but some things will always stay with us. The love for money and willingness to hold onto it will remain in the back of our heads forever.