Why was there an economic Depression in the 1930's

Why was there an economic Depression in the 1930's? The 1930's in America were a very eventful time and the depression hit the economy hard. America suffered very badly and recovery was hard because the Wall Street Crash had already weakened America. The depression was due to many reasons including overproduction, slow down in foreign trade, speculation and many other affects. Overproduction of goods and food in America, prices went down and farmers were unable to sell their food. Surplus food was destroyed and farmers were paid for not producing. The Wall Street Crash effected public confidence and far fewer people were putting money into the stock market. There was a wave of bankruptcies and American businesses perished. The crash brought the economy to its knees and the depression was imminent. As the Crash hit and the depression set in, America decide to put very high tariffs on foreign goods coming into America, the Fordney Mcumber act was introduced. As this happened the economy slowly started to get better as people were forced to buy American goods. This was called protectionism and eventually no foreign goods were being sold in America. As other countries goods weren't being sold in America these countries decided to put very high tariffs on American goods, this stopped the slow climb up and bought it straight back down. Under consumption was another

  • Word count: 359
  • Level: GCSE
  • Subject: History
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From source A you can learn the following things about Jarrow during the early 1930s. Specifically you can discover how the Depression affected the general standard of living.

Robyn Drummond 10.4 Question 1 f From source A you can learn the following things about Jarrow during the early 1930s. Specifically you can discover how the Depression affected the general standard of living. Jarrow was a very rundown town in general, "The streets were becoming dilapidated", which shows the lack of Government money going into the town, and the people were badly off, as there was no proper social security system to provide welfare money. There were also long term problems with unemployment because "there was no prospect of a job", either in 1922, or for many years after, because after the First World War fewer ships were needed, and Jarrow was mainly a shipbuilding town. The man became a Jarrow councillor voluntarily, with no payment because he knew that unemployment rates were high, and could possibly increase further, and so he willingly "pledged [himself] to do whatever [he] could for Jarrow". He would have known exactly what was going on because he was an elected official and an unemployed man. Then in 1931, two years after the Wall Street Crash, "everything went bankrupt", and so because there was no-one wanting ships because of the collapse of world trade, no-one in Jarrow was employed making them, so no one was being paid, so everyone was bankrupt, and because food suppliers had no money to buy in foods, and consumers had no money to buy food,

  • Word count: 356
  • Level: GCSE
  • Subject: History
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Why did prohibition fail?

Why did prohibition fail? Prohibition came about on the 16th of January 1920and was abolished by 1934, just 14 years later. There were many reasons that this happened. Prohibition is the banning of a certain substance from a certain area or country. In America the case was alcohol. Just after the war many anti alcohol and saloon parties had enough evidence to accuse alcohol for the problems plaguing the American public. The Anti-Liquor campaign in America dates back since 1750 when leaders of that period made repeated efforts to discourage the excessive use of distilled spirits. Many religious and political leaders were beginning to see drunkenness as a national curse. Abraham Lincoln said of this period that intoxicating liquor was 'used by everybody, repudiated by nobody' and that it came forth in society 'like the Egyptian angel of death, commissioned to slay if not the first, the fairest born in every family'. The most powerful organization against the consumption of alcohol beverages is the so-called 'Anti-Saloon League' which was founded in Washington D.C. on December 18, 1895. One of its leaders once said, promoting his organization, 'It has not come [...] simply to build a little local sentiment or to secure the passage of a few laws, or yet to vote the saloons from a few hundred towns. These are mere incidents in its progress. It has come to solve the liquor

  • Word count: 352
  • Level: GCSE
  • Subject: History
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why did prohibtion fail question B

C/W Was prohibition bound to fail? 22/06/09 Question b: The two posters identify and exploits FOR prohibition. They both refer to families suffering from their fathers or husbands in the saloon; drinking and washing away the families money on alcohol; which was introduced in 1920 before prohibition. In source c shows us a picture of a man's hands over a bag of "week wages"; also in the picture you can see the slogan saying "The poor man's club"; the saloon is well named for this. The author used slogans, and over exaggerated the picture to influence the people for prohibition; it is also clear that the author feels family is very important, which is why they feel prohibition it a good thing. In the picture of source c it shows one mans family made poor from the saloons, he is practically comforting on the table with no food, because of his addiction to alcohol; causing these 'slaves' to spend. Source d shows two poor little children looking at the saloon; at the top of the picture it says "daddy's in there" meaning their father is in their wasting possibly their school money; this trying to indicate not to do what they are doing and secure the money for other things e.g. clothing, food, and better shelters. This is why I think that to some extent the artists are against prohibition created 'speakeasies' which were more expensive than normal saloons and would

  • Word count: 329
  • Level: GCSE
  • Subject: History
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History prohibition background info.

The prohibition or "dry" movement began in the 1840s, spearheaded by pietistic religious denominations, especially the Methodists. After some success in the 1850s, the movement lost strength. It revived in the 1880s with the Woman's Christian Temperance Union and the Prohibition Party. After 1900 many states, especially in the South, enacted prohibition, along with many counties. Hostility to saloons and their political influence was characteristic of the Progressive Era. Supported by the anti-German mood of World War I, the Anti-Saloon League, working with both major parties, pushed a Constitutional amendment through Congress and the states, taking effect in 1920. From 1920 to 1933, the manufacture, sale, and transport of alcohol was prohibited in the United States. However, the private possession and consumption of alcohol was not prohibited. This was most commonly referred to as the Dry Law Nationwide prohibition was accomplished by means of the Eighteenth Amendment to the national Constitution (ratified January 16, 1919) and the Volstead Act (passed October 28, 1919). Prohibition began on January 16, 1920. The 18th amendment was repealed by the Twenty-First Amendment on December 5, 1933. The 18th Amendment is the only amendment to be repealed by another amendment of the Constitution. States have the right to restrict or ban the purchase and sale of alcohol; this has led to

  • Word count: 292
  • Level: GCSE
  • Subject: History
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Did Roosevelts Upbringing, Background and Character Make It Easy For Him To Understand the Conerns and Fears of Ordinary Americans?

QUESTION 1 DID ROOSEVELTS UPBRINGING, BACKGROUND AND CHARACTER MAKE IT EASY FOR HIM TO UNDERSTAND THE CONERNS AND FEARS OF ORDINARY AMERICANS? Franklin D. Roosevelt was born into an affluent American family. He was generously given life's luxuries, attended an expensive private school and then went on to study at Harvard University. In this way he was not able to understand living in poverty and without certain things in life; a way that the majority of Americans were living during the time of his presidency because of the depression. However, his character was that of an optimistic and gentle man, and this did emerge through his passion and dedication to Americans and their struggle for regaining confidence and their lives back, creating numerous agencies to enhance employment and get the economy moving once again. At the age of 39, Roosevelt was stricken by Polio and never regained proper use of his legs, yet he overcame this life-changing obstacle and persevered to become President. This illustrates his perseverance and determination his character entailed as he had to push hard to overcome Polio, thus why he strongly believed in America and its people, and that they too could overcome the hardships they were facing. Roosevelt was capable of capturing and mesmerizing his audiences during his speeches and was able to relay his optimism and courage to the disheartened

  • Word count: 279
  • Level: GCSE
  • Subject: History
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