The Great Depression
Joshua Uhlfelder
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The Great depression- a catastrophe Of economics, politics, and sociality Four causes- individuality serve as no master But all together they result in a disaster They are Charging tariffs Europe couldn't afford... and... Too much post-war food production- had to be stored... and... Folks went crazy with all their credit... and... The wealthy had the money and refused to shed it Now let's talk about the economic impacts October 29th revealed the economic cracks When big business failed, so did the bank '29 to '33, 5000 banks did tank People were frightened- to the bank they rushed To gather their deposits- but they were crushed The bank couldn't give them money- loaning it in large scale So after a panic, the banks did fail The Great Depression Slowed progression 1929 to 1941 The fact is that the depression wasn't fun Economic disaster Nothing moved faster (except migration) Agony is evident And Hoover and Roosevelt are President Farmers were forced to move to the city After the Dust Bowl made all their crops ****** They left it all behind- their hearts a throb Moving to urban places in hopes of a job Little did they know the situation was as bad For the unemployment rate was 25%- SAD Those who were lucky enough to be hired Were constantly in fear of getting fired They also didn't earn as much as they did before Played 29% less- Work was more of a chore No more places to live 'cause folks couldn't pay their bills They ended up on the streets in Hoovervilles The Great Depression Slowed progression 1929 to 1941 The fact is that the depression wasn't fun Economic disaster Nothing moved faster (except migration) Agony is evident And Hoover and Roosevelt are President The little money people had was never to be spent As deflation rose to 30% So many problems- someone has to be pursuing So what did the government happen to be doing? Well... Herbert Hoover was the president at first When the stock market crash happened- though it wouldn't get worse It continued to dive yet he refused to interject Said it wasn't the government's business to go and get it checked Eventually, he intervened- letting market climb But it was too little too late because by that time Hoover had lost support- Roosevelt took over fast But we haven't gotten any further in history class The Great Depression Slowed progression 1929 to 1941 The fact is that the depression wasn't fun Economic disaster Nothing moved faster (except migration) Agony is evident And Hoover and Roosevelt are President
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