The great depression was the longest, and strongest economic depression in America. In the first paragraph, the article talks about early effects of the stock market crash, "In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. " The economic crash affected many who were unsuspecting of the economic crash. Many lost their jobs, others are in deep debt, not many couldn't even recover of the terrible effects of the depression. After affects of the stock market crash, many companies were affected as well, "Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and rising levels of unemployment as failing companies laid off workers." Even if some companies were still there, they too were affected by the effects of the depression, forcing companies to fire workers, which a lot of them were left to become unemployed. Even banks started going for the worst, regarding the fact that america's economy went downhill as well.
During the 10 years of suffering in the United States, President Herbert Hoover tried his hardest to keep the nation in check and return everything to its proper state up to the end when President Franklin Roosevelt rose up. "Since the crash, Hoover had worked ceaselessly trying to fix the economy. He founded government agencies, encouraged labor harmony, supported local aid for public work,s, fostered cooperation between government and business in order to stabilize prices, and struggled to balance the budget," (Herbert Hoover on the Great Depression and New Deal, pg. 1). Hoover was working incredibly hard to keep the country from falling in the depression with the rest of the world. With his work, the United States may have risen up a bit and restored some of its businesses until Hoover lost to Franklin Roosevelt. "Roosevelt promised Americans a 'New Deal' when he took office, and during his first 'Hundred Days' as president, he signed a number of groundbreaking news laws," (Herbert Hoover on the Great Depression and New Deal, pg. 2). Franklin Roosevelt's news laws changed the U.S., as he was still president when the Great Depression ended. With the end of he 10 long years, 6 million drafted soldiers and 6 million defense workers recruited to fight in World War II and the federal government imposed to rationing.
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