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Warehouse

In: Historical Events

Submitted By hettm008
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The great depression during the 1930 was one of the most worst and deepest longest lasting economic declines in the history of the American history. In the United States, the Great Depression began after the stock market crash of October 1929, which destroyed the Wall Street and wiped out millions of investors. Moreover, due to economic downturn the consumer investments and spending decreased, causing declines in industrial output and increasing levels of unemployment as failing companies laid off workers. In addition, over next years, some 13 to 16 millions Americans were unemployed and nearly half of the country’s banks had failed. However, During President Franklin D. Roosevelt ordered a presidential executive during his first term to start a New deal program that involved laws passed by Congress, which focused on what historians call the “ 3 R’s: Relief, recovery, and Reform. That is Relief for the unemployed and poor, Recovery of the economy to normal levels, and Reform of the financial system to prevent a repeat depression. Also, the New Deal created a political realignment, producing the Democratic Party the majority. In the other hand, the Republicans were split, with conservatives opposing the whole New deal. However, the great depression had ruined the nation. However, if survived during the Great Depression I would totally have had two plans. First, joined john Dillinger and his associate’s criminals of his time, such as baby Face Nelson, Homer Van Meter and John Hamilton and just rob some banks. Second, just pack my suitcase and travel to Switzerland and live happy after and just stay positive and look for the future to survive the great depression disaster.

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