The Great Depression

Topics: Great Depression, Wall Street Crash of 1929, United States Pages: 2 (545 words) Published: February 6, 2013
“The Great Depression”
Thesis Statement: “The Depression reached into every area of economic life, and thus into every area of social life as well.” I. There were different factors that lead to the Great Depression. A. Construction and automobile industries began to decline due to lack of diversification. B. Supply was greater than consumer demands.

C. Crop prices were low, so farmers could pay off their debts. D. International trade began to decline.
E. The international debt of World War I.
II. Stock market crash of 1929 was not the cause of the Great Depression. A. 9,000 American banks closed down due to bankruptcy between 1930 and 1933. B. The American gross national product dropped severely, 25% in 3 years. III. Unemployment dropped significantly.

A. Americans thought in the way if they are unemployed, they were in personal failure. 1. A number of families looked to state and local public relief systems for survival. B. The Great Plains of the South and West was suffering in one of the worst droughts of all time. 1. Kansas’ soil had completely no moisture.

C. A great number of Okies from the Dust Bowl had traveled to California and other states. 1. The Okies had no land survived on either starvation wages or farm to farm picking. IV. The minorities in the Depression

A. African-Americans faced the most unemployment, homelessness, malnutrition, and diseases of all time. 1. The collapse in prices of cotton and other staple crops left them with no income. 2. Racial combats by the whites decreased employment for the African-Americans in the South. B. Half a million Mexican-Americans left the United States for Mexico in the first years of the Depression. 1. Mexican-Americans faced discrimination where they had very few accessibilities compared to an American citizen. C. Asian-Americans faced economic marginalization.

1. Educated Asian-Americans would not be acknowledged for their...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • The Great Depression Research Paper
  • The Great Depression: Effects and Solutions Essay
  • Essay on The Dirty Thirties and the Great Depression
  • Essay about Causes of Great Depression
  • Essay about Causes of the Great Depression
  • Essay on Causes of the Great Depression
  • Essay on The Causes of the Great Depression
  • The Great Depression Essay

Become a StudyMode Member

Sign Up - It's Free