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Causes of great depression apworld history
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The Great Depression was a long lasting economic downturn in the history of the Western industrialized world. It all began after the stock market crashed in October of 1929. The crash sent Wall Street into a total panic that wiped out millions of investors around the country. Through out the next several years, a lot of consumer spending and investments dropped dramatically which caused huge levels of unemployment and many companies laid off their workers. By 1933 the Great Depression hit it all time low. About 13 to 15 million Americans were unemployed and roughly half of the country’s banks had failed. In “The Piano Lesson” a play that is set in the 1930’s, the characters were somewhat affected by the taking of the Great Depression. During …show more content…
It wasn’t their responsibility to create jobs or provide economic relief for its citizens. In 1932, although the country was in its depth of the Great Depression with 13-15 million unemployed citizens Franklin D. Roosevelt won by an overwhelming victory in the presidential election. FDR gave of a very calm and optimism energy and by inauguration day he ordered all remaining banks to close at the end of the fourth wave a banking panics. As president, Roosevelt took immediate action and addressed the economic downfall. His first announcement was a four-day “bank holiday”. All banks would close so that the Congress can pass reform legislation and reopen banks with the potential of not going into panic. FDR restored public confidence by speaking directly to the public. His administration passed legislation that aimed to stabilize industrial and agricultural production in his first 100 days in office. Roosevelt aimed to change the financial system by creating a Federal Deposit Insurance Corporation (FDIC), which would protect depositors’ accounts to regulate the stock market and prevent any abuses like the kind that led to the crash of …show more content…
Their feud is over a precious family heirloom, a piano carved with pictures of their great ancestors, which were crafted by their enslaved grandfather. The Great Depression gives a historical backdrop to the play. The Great Depression and Great Migration brought many blacks north to industrial cities like Pittsburg in search of jobs. Boy Willie who wants to sell the piano that Berniece keeps in her living room, to buy land and grow crops of his own. Berniece on the other hand does not want Boy Willie to sell the piano because of its meaning to their family although it can help them get out of their current living situation. Berniece works as a house cleaner meanwhile Boy Willie and Lymon sells watermelons to meet their financial goal to buy the
In the Roaring Twenties, people started buying household materials and stocks that they could not pay for in credit. Farmers, textile workers, and miners all got low wages. In 1929, the stock market crashed. All of these events started the Great Depression. During the beginning of the Great Depression, 9000 banks were closed, ending nine million savings accounts. This lead to the closing of eighty-six thousand businesses, a European depression, an overproduction of food, and a lowering of prices. It also led to more people going hungry, more homeless people, and much lower job wages. There was a 28% increase in the amount of homeless people from 1929 to 1933. And in the midst of the beginning of the Great Depression, President Hoover did nothing to improve the condition of the nation. In 1932, people decided that America needed a change. For the first time in twelve years, they elected a democratic president, President Franklin D. Roosevelt. Immediately he began to work on fixing the American economy. He closed all banks and began a series of laws called the New Laws. L...
The Great Depression is one of the worst time for America. Books, cartoons, and articles have been written about the people during the Depression and how they survived in that miserable period. For example, the book Bud not Buddy takes place in the time of the Great Depression. Bud is a ten year old orphan, who was on the run trying to find his dad. There are many feelings throughout the book like sadness and scarceness. There are many diverse tones in the book about what people were feeling at the time.
Surprisingly, this novel ends with Boy Willie and Lymon going back to Mississippi without selling the piano. Finally, Boy Willie closes by telling Berniece that if she doesn’t keep playing on the piano, he and Sutter would both be back. In saying this, Boy Willie means that if they don’t keep their inheritance close to their heart, unfavorable events could begin happening once
The Great Depression is a an era when the US economy was at its lowest. It is after the Roaring 20s. The depression was caused mainly because of the crash of the stock market in 1929 and the government’s failed attempts to help the people. Many people’s belongings are bought with credit so they lost all their money and most of their things when the bank system failed. Others lost their jobs and many men left their families because they felt ashamed that they can’t support their family. The social fabric of the Great Depression changed greatly from the previous era. The changes in the social, the political, and the economic part of the US are part of the change in the social fabric.
The Great Depression is a time in the history of the United States that people have learned and gained knowledge from. Its harsh times and conflicts have been written about in books, seen in movies, talked about on radios, and told to families throughout the generations. Seeing how life was during the 1930s in the movie, The Cinderella Man, was a great eye opener to how the people of this time truly survived and kept their true humanity in times of havoc. The time of the 1930s should be an inspiration to the nation and cause many to do well and live life smart and prosperous.
The first defense is the usage of the piano. In Wilson’s novel, Berniece never uses the piano, Boy Willie: “ You can’t do nothing with that piano except sit up there and look at it”, Berniece, “That’s just what I’m gonna do” (p.50). The piano is a “sentimental value” (p.51) to Berniece. Her father died over the piano (p.42-46). Boy Willie argues even though the piano is of sentimental value, Berniece is not using it. He wants to sell it in order to buy land, seed, and workers, which will in turn produce a crop, and something will come out of that (p.51).
In the first 100 days, Roosevelt stabilized banks with the Federal Bank Holiday. In the New Deal he fought poverty with the TVA, NRA, AAA, CCC, PWA, and CWA. These policies were definitely liberal in the 1930's and because of the new programs, Roosevelt received false credit for ending the Depression. Ironically Roosevelt succeeded only a little more than Hoover in ending the Depression. Despite tripling expenditures during Roosevelt's administration, (Document F) the American economy did not recover from the Depression until World War II.
Because the economy was unstable, Franklin Roosevelt imposed many programs to boost the economy, both helping and hindering American citizens through banking and financial reforms with government regulation. After declaring the “bank holiday,” Roosevelt created the Federal Deposit Insurance Corporation (FDIC) in order to put confidence back in the citizens and their ability to trust banks to keep their money. By also separating commercial banks from investment banks, the government was trying to keep the flow of money uniform. This idea is radical in form because of the new government imposed restrictions, and conservatives may argue this movement shows signs of socialism. Many people saw the implications of free enterprise disappearing; Herbert Hoover specifically mentions in his Anti-New Deal Campaign speech that he proposes to “amend the tax laws so as not to defeat free men and free enterprise.”
Boy Willie is the protagonist in the play The Piano Lesson, which is written by August Wilson. He is a foil character to his sister Berniece. He wants to sell the family piano. His biggest obstacle is his past, and his sister. Berniece wants to salvage the piano and keep it as a namesake. The quarrels revolving around legacies is the central conflict of the play. Boy Willie’s “Super-objective” contains two parts: fear and legacy resulting in memory.
Say it was the story of our whole family and as long as Sutter had it… he had us. Say we was still in slavery.” ( Wilson 1228). Doaker says that Boy Charles was obsessed with the piano, he felt that if Sutter had the piano they were still his slaves because they were traded to get the piano and they were considered Sutter 's property during slavery. Boy Willie like his father wants to get something that Sutter owned in order to be free from Sutter. However, he does not realize that the piano also represented being free from Sutter. In addition, to Berniece the piano means a lot while Boy Willie only sees it as a profitable object. He says, “ I 'm talking about trading that piece of wood for some land...You can always get you another piano. I’m talking about some land...You can’t do nothing with that piano but sit up there and look at it.” (Wilson 1231-1232). Boy Willie only wanted the piano in order to get some land from Sutter 's brother. Moreover, the land Boy Willie wanted to buy was the land that his ancestors worked on when they were owned by Sutter, and he felt that he had rights to the land. However, he missed to acknowledge that the value and importance of the piano was the same as Sutter 's land. He thought that the land was more important and significant than the piano that contained carvings of his ancestors and his family
August Wilson’s The Piano Lesson, tells a story of a family haunted by the pain of their past and their struggle to find peace to move forward. The story begins with character Boy Willie coming up from the south visiting his sister Bernice. Boy Willie introduces the idea of selling the family’s heirloom, a piano, to raise enough money to buy the land on which his ancestors were enslaved. However, both Boy Willie and his sister Berniece own half a half of the piano and she refuses to let Boy Willie sell it. Through the use of symbolism, Wilson uses his characters, the piano and the family’s situation to provide his intended audience with the lesson of exorcising our past in order to move forward in our lives. Our past will always be a part of our lives, but it does not limit or determine where we can go, what we can do, or who we can become.
Do you ever have one of those days when you remember your parents taking away all of your baseball cards or all of your comic books because you got a bad grade in one of your classes? You feel a little depressed and your priced possession has been stolen. This event is the same as August Wilson’s, The Piano Lesson. The story is about a sibling rivalry, Boy Willie Charles against Berniece Charles, regarding an antique, family inherited piano. Boy Willie wants to sell the piano in order to buy the same Mississippi land that his family had worked as slaves. However, Berniece, who has the piano, declines Boy Willie’s request to sell the piano because it is a reminder of the history that is their family heritage. She believes that the piano is more consequential than “hard cash” Boy Willie wants. Based on this idea, one might consider that Berniece is more ethical than Boy Willie.
In the play, it all begins when Boy Willie Charles and his friend Lymon arrive in Pittsburgh from Mississippi with a truckload of watermelons. The two burst into the house of Boy Willie's uncle, Doaker, at five in the morning. The reader soon learns Boy Willie's plans and dreams. He's going to sell the watermelons—and the family's piano, the center of the story—from a man named Sutter who recently died. Sutter was a descendant of the family’s slave owner, and Boy Willie is determined to make the land his. Boy Willie’s sister, Berniece, the other main protagonist, is persistent against selling the piano, because she believes it should remain hidden and away from wandering eyes.
The Great Depression was a period of first-time decline in economic movement. It occurred between the years 1929 and 1939. It was the worst and longest economic breakdown in history. The Wall Street stock market crash started the Great Depression; it had terrible effects on the country (United States of America). When the stock market started failing many factories closed production of all types of good. Businesses and banks started closing down and farmers fell into bankruptcy. Many people lost everything, their jobs, their savings, and homes. More than thirteen million people were unemployed.
The Great Depression was the deepest and longest-lasting economic downfall in the history of the United States. No event has yet to rival The Great Depression to the present day, although we have had recessions in the past, and some economic panics, fears. Thankfully, the United States of America has had its share of experiences from the foundation of this country and throughout its growth, many economic crises have occurred. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors ("The Great Depression."). In turn, from this single tragic event, numerous amounts of chain reactions occurred.