Therefore, small banks that gave the loans failed and big ankhs lost millions of dollars. In Industry, people bought all they could and factories produced too much so the companies had to lay off workers and the unemployment rate soared. The stock market then crashes because banks Invested peoples’ money In the stock market, but all of the money was gone. Everyone lost billions of […]

David Pattinson ‘Industrialisation, Imperialism and Globalisation: The World Economy since 1800’ Professor John Singleton Compare and contrast the response of economic policymakers to the Great Depression of the 1930’s and the Great Financial Crisis today. Essay 2 10/1/13 Word count: 2,299 The financial crisis that began in 2007-8 was the first time since the 1930’s that both the major European countries and the US had […]

Steinbeck teaches us that as humans, loneliness and the desire for companionship is inevitable and in this cruel world where we are all set again t one another as rivals for the resources needed to survive, true friendships are to be cherisher d for they are hard to come by. As humans, we are all subject to loneliness at some points in our lives, and […]

As Albert Einstein once said “It has become appallingly obvious that our technology has exceeded our humanity. ” Throughout the years our technology has become more and more advanced, creating more and more inventions. Modern technology has been created to fulfill every human’s needs. With such great advancements it has become convenient for our society to turn to technology for all our questions. We have […]

The United States of America has gone through many different economic ups and downs, two of the most horrific downturns would be the current recession and The Great Depression though out 1929 to 1939. The cause of these two economic events cannot be blamed on one single person or a group, but on the United States as a whole who neglected to perform their economic […]

John Bauman and Thomas Coode’s In the Eye of the Great Depression is not simply a study of how the Federal Emergency Relief Administration (FERA) studied American poverty in the early years of the New Deal; it is also a pointed critique of the biases that affected reformers in general in the early twentieth century. The book’s chief theme is how FERA-appointed reporters explored and […]

Franklin Delano Roosevelt, a Democrat, came from a wealthy New York family and was educated at Harvard University. He entered politics in 1910 and elected Governor of New York State in 1928 after surviving a bout of polio. The Democrats choose Roosevelt as their candidate to oppose Hoover in the 1932 Presidential Election. During the campaign he said, “I pledge you, I pledge myself, to […]

Even today, almost 70 years after Roosevelt introduced his New Deal the question of whether or not it was a success is still unanswered. “This nation asks for action and action now…. we must act, and act quickly” 1 Roosevelt came to his position as president at a time of crisis and had promised a ‘New Deal’ for the American people which would help America […]