Thegreat desperation comes with the one wordin our minds is the black Tuesday. No onecan forget about that day when the stockexchange crash prompted extraordinary offering of 1, 30, 000, 00shares alone on 24th Oct 1929., also crash was also known asWall Street crash. This depression caused may economic, social, and politicalimpacts upon the worker’s life and theirfamilies and government. Million were becomejobless and live life below the line of poverty. 1Franklin D.
Roosevelt’sNew Deal works as anti-venom for theGreat Depression, and bring America outof it, by giving employment, reliefs,reforms, and recovery to state and itspeople. Also, he helps Americans by retaining their hopes and motivate them by hishistoric quotes “The only thing wehave to fear is fear itself.”Discussion: Ourcountry’s history is full of historicalexample about motivation and hope. The two most highlighted eras in the historyof our country are a great depression. The great economic disaster faced by our state is in the shape of GreatDeprecation.
“The Great Depressionwas a period amid the 1930s when there were an overall monetary discouragementand mass joblessness.” The impacts of the Great Depression variedacross finished states, yet in numerous countries,it started in 1930 and continued going until the late 1930sor focus 1940s. It was the longest and hardest pity of thetwentieth century. Our country had to start late encountered its most foremost minutes known as the thunderingtwenties, and now it’s in its most noteworthy minutes known as the GreatDepression. President Hoover and President Rooseveltdid their best to endeavor to turn the nation’sfuture around and enhance it.
This example canunderstand the economic condition of the people. According to somefacts, in New York, more than 6000 vendors walked to streets for sale of applein just 5 cents each. The worst condition can beunderstood by this song name “Brother, Can You Spare a Dime.” It was thebiggest hit song in 1932 2 That depression era had disasterimpacts the workers socially and economically. And left the harsh scars upon thesovereignty of our country and also the worker’slife too. By 1929, an estimated 40 percent of the population still lived inpoverty. Fishers found them in difficulty when they saw the fish exports has tremendously decreased from 16million dollars to 7.3 million dollars.
Almost every fisher continuously in debtto merchants who lend them food, supplies and other living essentials on creditand took their catch as payments. 3Conclusion: It was the hard times forthe country to survive in the Great Desperation era. When unemployment goes to45%, child labor became common, and 25 million people lost their jobs, workswere living in hand to mouth situations, people were losing their hope. The countryalso faced the social problems among the people in black and white differences.Political issues were there between the people and people are blaming thegovernment for their situation. But Frankrosvelt has overcome these allpolitical, social, and economic impacts and bring back the country to itsnormal position. And definitely, it will harm not only my mind but also myactions towards country thinking and also make me greedy for my self.Recommendations: To tackle all of theimpacts of the Depression-era, the new deal is the best tackle policy, withadditional reforms for the country by passing an amendment in the constitutionand also by making new ways of opportunity for a country favor and motivatingcountry people by showing them the actual reforms, so that they can even workfor the welfare of their selves and their country.1 “Great Depression1.Pdf.”2 Robert, “The Great Depression.”3 Shenk, “Lincoln’s GreatDepression.”