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FINAL ESSAY - US HISTORY COURSE (2013)

Topic: Write an essay discussing the problems created by the Great Depression and actions taken by the federal government to solve these problems

The Great Depression was the period of worldwide economic depression which happened from 1929 to about 1941. Although it was a global event, the United States was the country attracting the most attention of people all around the world, which resulted in its great influence to the global economy. Some people said that the Great Depression created problems which weakened the U.S, while others argued that thanks to it, the nation had opportunity to fix itself and experienced a following long prosperous period. My essay will discuss the problems caused by the Great Depression and actions taken by the Federal government and the President to solve these problems.

After years by years of optimism, development and prosperity, it was on Tuesday, October 29th,1929 , called “Black Tuesday” when the U.S officially faced the despair of the Great Depression with the Crash of the Stock Market. Though the Falling of the Stock Market was not the only cause of the Great Depression, it was the starting point of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic growth and personal advancement. The main effect was a sudden and loss of confidence in the economic future.

What were the problems created by the Great Depression? Years by years from that time, not only American people but also global citizens have investigated about this tragedy to find out the final answer. It was not just one factor, but instead the combination of local and global conditions. That is why until now we haven’t got the final list of all reasons. However, there are four problems which are agreed by most of the

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