Great Depression Outline

I. President Roosevelt Franklin often say ‘’the only thing we must fear is fear itself.’’ The Americans lived by this statement during the great depression.

A. Although the great depression changed the united states tremendously, many people are unfamiliar of what cause the great depression. Not to mention how America became great again.

B. I’ve always been fascinated by this event. When I notice I had to write an essay about it, I took it upon myself to research and learn more about it.

C. Today I will cover the reason for the great depression, the policies the presidents set to help America recover from the great depression, as well as the effect those policies had.

II. Body

A. Even though the stock market crashed played a major role in the great depression, it was not the only cause of the great depression. Things such as the high tariffs,

The stock market crashed was so crucial because it did not only effect one group or class but everyone. It effects the haves and the have not. The number of unemployment was on the rise prior to the stock market crash, but it reaches it peak after the market crashed. According to history.com the year of 1929 through 1939, “was the worst economy downturn in the history of industrialized world.” After the market crashed the owners did not have money to run their business, let alone to offer someone a job.

C. People were looking up to the government for help and support like never.

1. Meanwhile the government did few to help at the beginning. Herbert Hoover was one of the president during the great depression, he did not want the American family to relay solely on the government for help. He wanted to help them by passing laws that will help reduce the unemployment rate. He passes laws such as the federal farm board, also by offering loans to banks and institutions. He believed by offering loans to the big businesses that would help open more jobs. Come to find out more and more people were starving as the days go