StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Choose a topic for the Paper - Essay Example

Cite this document
Summary
The Great Depression is seen as the darkest period in American economic history since it brought misery and suffering to a lot of people due to unemployment, low economic activity and losses in terms of billions of dollars. However, the lessons which were learnt from the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Choose a topic for the Paper
Read Text Preview

Extract of sample "Choose a topic for the Paper"

How did the Great Depression change Americans? The Great Depression is seen as the darkest period inAmerican economic history since it brought misery and suffering to a lot of people due to unemployment, low economic activity and losses in terms of billions of dollars. However, the lessons which were learnt from the depression as well as the changes it brought to the American economic, sociological and political systems have made it one of the most important periods in historical terms.The Great Depression was a almost a full decade of high unemployment, reduced profits for corporations, high levels of individual poverty and a created a stagnation in international trade that affected the entire globe.

The causes for the great depression are many and complex but the basic reasons for the great depression can be listed as a stock market which crashed, economic trends which were negative and a lack of investments in large projects. Industries such as heavy machinery production, shipbuilding and mining operations were worst hit and they had to let go of thousands of workers who could not find jobs to replace the ones they had lost (Wheeler, 2007). Amongst the after effects of the Great Depression was the New Deal which was offered by Roosevelt to the Americans which gave fair wages for fair work.

A forty hour work week was created to make sure that positions could be given to all those who wanted to work and massive deficit spending was undertaken by the government to give the economy a boost. In fact, the current transport network which crisscrosses across America is one of the projects which was started to get America out of its economically stagnant state (Higgs, 1992).The Great Depression, even though it was a sad period for those who went through it brought many advantages for those who came after the period since the decisions made then have kept the American economy stable for decades.

For example, the idea of a minimum wage comes from the aftermath of the great depression and the benefits to the southern half of the American states were immense since the economic focus shifted from agriculture to industrialization and services (Parker, 2007). I feel that Americans lost trust in financial institutions such as banks and insurance companies in the years which followed the great depression and came to depend more on the relationship they had with the government. Franklin Roosevelt probably benefited most from the era since he was able to pull America out of the situation and was (and still is) seen as a hero for the nation.

His New Deal worked for a lot of the people and was seen as the first step which eventually ended the Great Depression (Parker, 2007). Future Americans will continue to remember the great depression since it has become a part of the cultural landscape of America as well as the popular memory which can be observed in films, stories and period dramas. However, I do not think that the benefits which the government derived from pulling America out of its crisis can continue to serve the government positively since other scandals which have caused the image of the government to be tarnished with time will possibly have a greater affect.

Works CitedHiggs, R. 1992. ‘Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s’, The Journal of Economic History, vol. 52, no. 1, pp. 41-60.Wheeler, M. 2007, ‘The Economics of the Great Depression’, [Online] Available at: http://www.upjohninst.org/publications/ch1/wheelerch1.pdf Parker, R. 2007, ‘An Overview of the Great Depression’, [Online] Available at: http://eh.net/encyclopedia/article/parker.depression

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Choose a topic for the Paper Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1539538-choose-a-topic-for-the-paper
(Choose a Topic for the Paper Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/miscellaneous/1539538-choose-a-topic-for-the-paper.
“Choose a Topic for the Paper Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1539538-choose-a-topic-for-the-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Choose a topic for the Paper

Terminally Ill Patients Must Have the Right to Refuse Medical Treatment

Various medical organizations, supreme court precedents, state laws, and other evidences from authoritative figures will be presented in this paper in order to provide support to the claim that terminally ill patients must have the right to refuse medical treatment in in order to give them a more respectable end of life scenario.... This paper delves into the right of the patient to die according to his own standards and how the medical community, owing to the now existing Patient's Bill of Rights, must acknowledge and respect the right of a patient to refuse medical treatment in order to hasten his death if he so chooses to do so....
8 Pages (2000 words) Research Paper

Chronic Pain in Adolescents Associated with Psychosocial Factor

Chronic Pain in Adolescents Associated With Psychosocial Factor Name: Course: Tutor: Date: Anxiety is believed to be one of the common psychiatric diseases in adolescents and may develop secondary to influencing biological mechanisms associated with adolescents' specific medical illness in reaction to being ill....
5 Pages (1250 words) Research Paper

Power of will and choice

This paper therefore intends to analyze the thematic representations these two books as they are written in the contemporary US environment.... In such a manner, every piece of literature is prepared with particular regard on catchy issues, which are often referred to as the thematic concern or topic of the literary work (Braiman, 1-7)....
4 Pages (1000 words) Research Paper

The Changing Definitions of Nursing Homes

Over the past years, the term has undergone various modifications.... The only consistent definition of nursing homes has arisen in response to regulations and health policies.... However there are yet… The most-accepted definition of nursing homes has been put across by the National Center for Health Statistics (NCHS)....
6 Pages (1500 words) Research Paper

Locke, Berkeley, Plato or desecrates can be the topic of the paper.(choose one)

This paper helps to provide an insight into the realms of appearance and reality with respect to the works of the above mentioned philosophers and how their theories and ideas have actually compelled the world today to think in a certain manner.... Bertrand Russell writes, “Philosophy, if it cannot answer so many questions as we could wish, has at least the power of asking questions which increase the interest of the world, and show the strangeness and wonder lying just below the surface even in the commonest things of… ily life....
4 Pages (1000 words) Research Paper

Should Students Have to Wear Uniforms

the paper "Should Students Have to Wear Uniforms" states that the learning and development of students are enhanced when they wear uniforms.... However, if students are allowed to choose their dresses for schools, they would be influenced by students from different cultures and different economic background....
4 Pages (1000 words) Research Paper

Choose a topic and do a 2 pages reseach on it. (Topics are in the intructions)

(Ensminger, 1994, p.... ?179) These compounds can occur naturally (in soil and water) and can also be made by man (nitrogen containing fertilizers).... The organic materials decomposed in soil and release ammonia.... hellip; Although both of these compounds are found in soils and ground water, nitrate is more commonly found. These compounds are present in many places in the environment....
2 Pages (500 words) Research Paper

Fate and Destiny

Free will, on the other hand, is the apparent human ability to choose a course of action over another and making own decision regarding an action.... Free will, on the other hand, is the apparent human ability to choose a course of action over another and making own decision regarding an action, regardless of what others else believe (Morgan, para1).... This paper discusses fate/destiny versus free will with regard to abortion.... Choice/free will requires accessibility of alternatives for any action, speech and thought from which an individual can choose....
6 Pages (1500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us