1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ray Of Light [21]
3 years ago
5

In a paragraph of 150 words, explain the long-term effects on families during the Great Depression in the 1930s.

History
1 answer:
BartSMP [9]3 years ago
3 0

Answer:

In the long run, the Great Depression affects the lives of most Americans greatly. Businesses thought that products and services would be available at low prices, unregulated by the government, prior to the Great Depression.

When the economy collapsed in 1920, people finally realized that steps needed to be taken to remedy the issues. In keeping with his predecessor, President Hoover strongly believed that the government should refrain from trying to help the economy, and allow the depression to run its course. He wanted to protect American businesses from foreign competition by pushing for higher tariffs. Unfortunately, this policy backfired. These high tariffs encouraged other countries to raise their tariff rates, which prevented U.S. business and agricultural entrepreneurs from exporting their goods to additional countries.

Prior to that, Congress had been reluctant to fund the Reconstruction Finance Corporation, which had originally been established in 1932. Lending money to banks, railroads, and major corporations was one way this agency tried to forestall an even worse economic downturn. As a whole, most Americans disapproved of Hoover's style, and in 1932 they voted for Democratic President Franklin D. Roosevelt. FDR restored a sense of hope and optimism to the nation. Roosevelt and his advisors believed that to stop the Great Depression, the federal government needed to take forceful action. He set the tone for his administration with his inaugural speech. He stated that all that Americans should be afraid of was their own fear. To calm people's concerns, he went about convincing Congress to pass several ideas during his first 100 days in office. Roosevelt wanted to offer the American people a "New Deal".

Roosevelt also ordered the closure of all US banks, calling it a “bank holiday.” Only banks that passed an inspection by the bank regulators were allowed to reopen.

The Federal Deposit Insurance Corporation was created to supervise bank operations and to insure bank deposits in order to avoid another widespread bank failure. The U.S. government wanted to ensure that depositors' money was secure and could be accessed when necessary.

Explanation:

Smile

You might be interested in
4 facts about the American Revolution​
rusak2 [61]

Answer:

Compared to the British opposition, George Washington had limited military experience.

George Washington required the inoculation of the Continental Army.

The Revolutionaries gained a master baker.

The Revolutionary War began before the signing of the Declaration of Independence.

Explanation:

6 0
3 years ago
Read 2 more answers
ANSWER ASAP!!
steposvetlana [31]

Answer:

Espanola

Explanation:

maths

6 0
3 years ago
What is the differences between ancient china and ancient Egypt civilization games?
Alexeev081 [22]
They both had an ancient 
8 0
3 years ago
Help me please :(((....
steposvetlana [31]

this took me sooo long sorry

New Jersey:

17.   9.     11.      15.     13.   1.   8.   16.

New York:

5.    3.    6.   12.    8.   18.  9.   11.

Pennsylvania:

14.  4.  19.  7.  11.  10.  20.  9.  8.

8 0
3 years ago
Taking into consideration the conservative social and cultural context of the United States in the 1950s, discuss how rock and r
pshichka [43]

Answer:

The answer is below

Explanation:

In 1950s , through Rock n Roll, many blacks or African American used the genre of music coupled with R&B to voice their opinions and advocate for civil rights movement.

Rock n Roll was characterized by its youthful and stylistic sound and dance, popularized by the likes of Elvis Presley, with his hip gyration. While it eventually pitted parents, the mass media, and the government against teenagers, it however, helped erode some of the prejudices felt towards African Americans.

Also, while the country and jazz hold sway before and early in the 1950s, the Rock and Roll music was able to trump them later, though dividing in some quarters, it became a uniting force among the youths and coloured people specifically blacks, and eventually was able to create a common culture amongst white and black teenagers, a feat other genres of music couldn't manage at the time.

6 0
3 years ago
Other questions:
  • What were the 4 major causes of imperialism?
    13·1 answer
  • In which nation did the pact leaning Sandinista movement overthrow a right-wing dictatorship in 1979
    6·1 answer
  • Frank sinatra was important because he was one of the first:
    11·1 answer
  • How did mccarthyism deny Americans?
    9·1 answer
  • Why was traveling on an established trail easier than creating a new one?
    13·1 answer
  • The main source of conflict in the Middle East between Israel and the Palestinians involves A) slavery. B) religion. C) communis
    5·2 answers
  • In the late 1600s settlers in the middle colonies were
    10·2 answers
  • If you could go back in time to any or place in our past when where would you go?
    12·1 answer
  • Why would Britain’s larger population give it an advantage during the war?
    6·2 answers
  • DESPERATE WILL GIVE BRAINLIST AND THANKS
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!