The Great Depression Changed America - 845 Words

Arsh Rajwani Humane Letters I Mr. Baker February 24, 2017 History Essay The Great Depression changed our whole society but not in a bad way. The drop of the stock market gave buyers two choices; work harder to earn their money back or give up. After families lost most of their money they gave up and couldn’t provide for themselves. The Great Depression has majorly affected our current world. The Great Depression had shown how big companies affected America, how much the Executive branches power had grown and how the bank could not always be trusted. The Great Depression had shown how big companies affected America. The big companies of America affect our economy and our lives even when we never think about them. The shutting down of†¦show more content†¦He came with the New Deal and tried to help the people by establishing many acts such as: The Agricultural Adjustment Act, Public Work Administration, and Civilian Conservation Corps, and the National Industrial Recovery (NIRA) act which was the cornerstone of the New Deal. The NIRA was de clared unconstitutional and FDR started a Second New Deal. FDR’s Second New Deal included The Social Security Act and unemployment insurance. If Hoover had shown this much persistence and did not give up like FDR he would not have been hated as much as he is now. FDR’s willingness to go on even when everything looked hopeless made people feel safer and believe in the president which the people did not do before. Hoover showed no responsibility and neglected most of the United States’ problems and made the people feel unsafe and not believe in the president which changed after the depression. The Great Depression had how the bank could not always be trusted. The bank was first created because the government was in debt after the revolutionary war and we needed a new currency. Most people in our current world just think of a bank as a place that holds your money. In reality it is much more, they give out loans and add interest to make money off your own money. Th e bank doesn’t always run very smoothly though. During the Great Depression when the stock market fell the people ran to the bank to getShow MoreRelatedThe events of the 1930’s, or the Great Depression, did the most to influence contemporary America.900 Words   |  4 Pagesof the 1930’s, or the Great Depression, did the most to influence contemporary America. During the twenties, America was at its most prosperous economic times until the stock market crashed in 1929. The stock market crash led to a dramatic decline of the U.S. economy. The decline in the economy changed Americans everyday lives. In 1932, Franklin D. 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