The 30’s were a time of great distress for many Americans.

The Great Depression affected almost every country in the world. It enabled Adolf Hitler to rise to power in Germany and do many of the horrible things he did while running Nazi Germany. Some people say that the depression was one of the sparks of the World War.

Free sample essay on Great Depression:

It helped guide us through the Great Depression, World War II and the post-war recession.

Select a menu for a typical meal during the 'lean' depression years.

But the seed that sprouted into the Great Depression was planted early in the 20th century. World War I caused a vast demand by Europe for American goods. These goods were sold to Europe on a credit basis due to the lack of ability to pay on account of the after effects of the war. This was widely accepted among Europeans and Americans and seemed to be a good idea. The truth behind all these loans was a vast accumulation of debts which would ruin the United States within the next few years.

Each of these reasons probably played a part in the Great Depression.

The Great Depression was the worst and longest economic downturn in the history of the world economy. The Depression began in 1929 and lasted until 1939. This economic meltdown affected Western industrialized economies but its effects spread across other nations. The Great Depression began in the United States, which experienced its worst effects. However, some argue that the Depression began about 10 years earlier in Europe but the United States assumed that it was immune to such a downturn. Consequently, the American government at that time did not formulate policies and measures to ensure that the country did not experience the same meltdown as Europe.

Roosevelt's 'new deal' reforms gave the government more power and helped ease the depression.

The great depression was a time of horror and failure.

The effects of the Great Depression were more severe in America but were felt across all world economies. Investors in the stock market could not pay their loans. These included real estate companies. People demanded their deposits from banks in panic and as a result, there was less money in circulation. Government’s efforts to reverse the resultant deflation did not yield results. Companies closed down because of deflation and low demand while some laid down thousands of their workers. Consequently, unemployment levels increased. Real estate properties that were once priced possessions lost value. Investors in real estate could not pay their mortgages. Banks repossessed their properties, which were worthless because no one could afford to buy them. Over nine thousands failed closed down. Nations had to implement major changes in their macroeconomic policies and institutions to recover from the Great Depression.

Life was portrayed a few different ways during the Great Depression.

As things started to get better, World War II was the deciding factor. The attack on Pearl Harbor in 1941 was the mark of the United States’ declaration of war and the mark of increased production, which led to more employment. Industrial production and the unemployment rate were inversely proportional, and as production went up, unemployment went down. From then on, the economy picked itself back up and left The Great Depression behind.

Why Did The Great Depression Last So Long?

The effects of the Great Depression were huge across the America....

The Great Depression was not something that appeared out of thin air; it grew over time like a tumor and eventually plagued America with an excessive disease....

However before the Great Depression even happened there was a Bull Market boom.

In the 1930’s is when the Great Depression begun.

Although the Great Depression took a huge toll on many other industries, the film industry still managed to make large profits compared to other businesses.

Also, how the Great Depression affected the women in the United States.

The Great Depression was a massive economic depression.

President Herbert Hoover was the unlucky man in office when the depression hit. In 1932, Franklin Roosevelt was elected to replace Hoover and made reforms that gave the government more power and helped to lessen the severity of the depression. Roosevelt handled the harsh times very well and was able to ease the pain felt not only throughout the nation but throughout the world.