Free The Great Depression And Great Migration Essay Sample

Type of paper: Essay

Topic: People, Investment, Depression, Migration, Great Depression, Government, Community, Market

Pages: 1

Words: 275

Published: 2020/11/13

The great depression was a severe fall in the economy of United States of America. It started in the spring of 1929 with the major causes being the drought that had hit the southern part of the country as well as the over dependent of the country's stock market that was seen as the easiest form of investment and path to richness. Earlier during similar situations, the farmers and other citizens were spared because they could at least get food. The stock market collapsed after people rushed to sell their shares. President Hoover who was overly confidence on the system came up with unprecedented move that never eased the situation. He believed that the state should not support businesses and his support came in rather late. Banks started collapsing as they had invested customers’ savings in stock and on seeing this people rushed to withdraw money further worsening the situation. There were massive layoffs and people started migrating in search for work. People could not afford food and many businesses were closed. Hoover carried the blame and eventually lost the election to Roosevelt.
Life was hard especially for the African-Americans who had struggled with discrimination at the time. The great migration saw an exodus of the black community from the south where they worked in farms and lived in deplorable conditions to the north where they were employed in the industries. The migration had major effects in the on the demography of the country as the African community got absorbed around the country resulting to improved economic status as well as rise in political and civil activism. The great depression slightly halted the migration but the measures employed by Roosevelt’s regime worked towards the recovery of the nation. The Regime was seen as friendly to the common people and was surely the new deal.

Works Cited

Robbins, Lionel. The Great Depression. Auburn: Ludwig von Mises Institute, 2007. Print

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WePapers. (2020, November, 13) Free The Great Depression And Great Migration Essay Sample. Retrieved May 18, 2024, from https://www.wepapers.com/samples/free-the-great-depression-and-great-migration-essay-sample/
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"Free The Great Depression And Great Migration Essay Sample." WePapers, Nov 13, 2020. Accessed May 18, 2024. https://www.wepapers.com/samples/free-the-great-depression-and-great-migration-essay-sample/
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"Free The Great Depression And Great Migration Essay Sample," Free Essay Examples - WePapers.com, 13-Nov-2020. [Online]. Available: https://www.wepapers.com/samples/free-the-great-depression-and-great-migration-essay-sample/. [Accessed: 18-May-2024].
Free The Great Depression And Great Migration Essay Sample. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/free-the-great-depression-and-great-migration-essay-sample/. Published Nov 13, 2020. Accessed May 18, 2024.
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