The Great Depression and the New Deal Essay examples

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“The great depression”
The great depression was a worldwide economic depression in the decade preceding World War II. It first started with the stock market crash on 1929.The great depression varied timing but it most countries it started in 1930 and lasted until the late 1941s.The causes of the great depression first stock market crashed that occurred on Black Tuesday, October 29, 1929. Second, Bank Failures, Bank deposits were uninsured and thus as banks failed people simply lost their savings. Economic contractions declined the market by a failing output of goods and services. Last Drought conditions it occurred in Mississippi Valley many people could not pay their taxes or debts and they had to sell their farms for no profit it was called “The Dust Bowl”. "Personal Debt" the resulting increased in personal debt signaled trouble, assembly the production made consumer items more affortable and available. The information above were some of the causes of "The great depression". In conclusion, even today there is a split between those who support deficit spending to create jobs and those opppose this.

“The New Deal” The new deal was a series of domestic programs in the United States between 1933 and 1936. This laws were passed by Congress well as the President Franklin D. Roosevelt. The new had 3 goals called "3 R's" Relief: help those most affected by the depression, Recovery: restoring balance to the system, and last Reform: change government practices.The new deal was very controversial. Many Americans believed that the new deal was necessary to rescue the country in a crisis , other were critical of the new deal and believed that it was an overexpansion of the government. "The first new deal" dealt with diverse groups, from baking and…