Week 10 Reflection, The Great Depression
With the success the country had during the 20’s of course we and to have a downfall, right? We couldn’t continue to possibly keep growing economically right? Well we didn’t, we eventually had that downfall, and that was the great depression in the 1930’s. In 1929 the stock market crashed hard and sent this country into a deep dive of turmoil. The New York Stock exchange experienced a lot of loss on trade after a huge wave of sell orders came their way. The average price of a share fell 12% and that is a big loss of any kind, no matter how much money you have. Over 16 million shares were sold because of the decline and the market and country suffered. You could see that all throughout the country.
In 1932 Franklin D. Roosevelt was elected president and she began to try to change the tide in the country. Granted this was going to be a hard task, and things were going to get a lot worse before they got better. Roosevelt promised to make a new deal for the American people to help change the economy. Roosevelt was doing such a good job helping people that he was reelected in 1936 without a problem and continued to help the American people recovery form a dark time in history. As the country was finally starting to come out of the depression in 1937 after years of trying to rebuild the country took another hit. Industrial production and stock prices fell by more than 40% and 4million new people became unemployed. This was a hindrance of Roosevelt presidency but like the man he was, he kept pushing and trying to do right by the people. Roosevelt won another election in 1940 as the world was going into another world war, but like the country America is, we continue to adapt, revise, and push forward.
(n.d.). Retrieved from http://www.digitalhistory.uh.edu/era.cfm?eraID=14&smtid=2
PowerPoint for class

Hello ,
ReplyDeleteI enjoyed reading your reflection and i agree with everything you are saying especially with a couple of other people post. Roosevelt was a genius or the New Deal and compromising it with others to make a great deal and plan to change some things.
I enjoyed your reflection about the great depression. Roosevelt was I was standing when it came to ideas and he was able to prove that he could come up with a solution to cover struggle of the economic crisis which gave a lot of props by the Americas.
ReplyDeleteHey good reflection about the great depression. These were hard times for the Americans as they went through a time period none of them were prepared for. They made the best of the situation and i think it brought them closer as a country
ReplyDeleteI loved reading your post, and all the facts that you stated within it. Aside from having actual dates and names you included data as evidence for your readers.
ReplyDeleteHi, You did a very good job with your information on the great depression. I like the picture you included. You did good giving actual facts as to what happened during this time.
ReplyDeletehey i love the way you worded this its very well written. you made sure to talk about everything that went on and how people were affected. i think that this all couldve been stopped but it happen and they made strides to make it better =. its crazy that we still feelings affect from it today.
ReplyDeleteHey Matthew! you did an amazing job of explaining your perspective for this week's topic! I loved the picture you used, it went really well with your post as a whole! wonderful Job!
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