The Great Depression, Essay

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What Ended The Great Depression? There are many theories as to what ended the Great Depression. This may be one of the most important questions asked in America’s economic history. The Great Depression of the 1930s was devastating to the American people. Times were so difficult that many former middle-class Americans struggled to feed their families, keep their homes and pay their debts. The end of the Great Depression was a great relief to thousands of Americans. While the reason why it ended is still debated by many scholars, most agree that several things occurred to pull our country out of this terrible economic time. To understand why the Depression ended, we must look at how it occurred. The Great Depression in the United States lasted about ten years, from 1929 to the early 1940s. While the cause of the Great Depression can be attributed to several different factors, it officially began when the stock market crashed in late October of 1929. Once this happened whole industries were wiped out and many people lost their jobs. The Depression affected almost everyone in the United States. People who had been fabulously wealthy found themselves destitute. People who were barely getting by before the Depression had trouble feeding their families. The Roaring Twenties was the decade leading up to the Great Depression. During this time period people lived very carefree lives and America was prosperous. The American culture was changing fast in the cities, and new technology was introduced. Automobiles, telephones, radios, and electricity were no longer luxuries only for the very rich. The companies that produced and sold these new products saw a sudden increase in their stock value. Many well-off Americans, who also noticed stocks increase at such a rapid rate, decided to invest a large amount of their earnings in the stock

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