Essay About The Great Depression

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Bing Crosby cemented his place as one of the all time greats of the showbiz world when his song "Brother, can you spare a dime? The people of America felt that they could turn to him when they needed to escape the harshness of reality and he did not let them down.

Even today, performers strive to give people what Crosby and his rich voice gave the struggling Americans of the Great Depression.

The land was a barren wasteland of dust and dirt in which it got it’s name the Dust Bowl.

In other areas, the extreme opposite took place: farmers overproduced and prices rapidly dropped because the demand decreased.

It was also this time that the banks went broke and demanded the money they lent be returned to them; thus putting hundreds of families on the street.

Essay About The Great Depression Enduring Love Context Essays

Despite the horror and the misery of the Great Depression, America fondly remembers those who came to life the nation's spirit in its time of need.Many have compared it to the Great Depression, which swept the country throughout the 1930s.However, there have been no economic crises as truly terrible as the Great Depression and the entire population of Earth is hoping it stays that way.Prices sky-rocketed so high that when they reached what was believed to be it’s all time high, most people sold their gaining stocks for a profit.So many people sold their stocks at a rapid rate that the corporations were unable to pay the shareholders.Every economic boom banks continue to lend and people continues to spend and we end up going backwards in time.“The Great Depression of the 1930’s was a worldwide phenomenon composed an infinite number of separate but related events.” The Great Depression was a time of poverty and despair caused by many different events.Those living in ignorant bliss of the impending stock market crash used much of this borrowed money to purchase stock.When the stock market finally did crumble, those who had invested their money in it did like wise.Speculation arouse months before the crash when Roger Babson made his speech at the annual National Business Conference which he said “…..Sooner or later a crash is coming which will take the leading stocks and cause a decline from 60 to 90 points in the Dow Jones Barometer.” This and many others speeches like this scared people into selling there stocks before the inevitable would happen.


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