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The economic and political effects of the first world war
Economic results of world war one
The economic and political effects of the first world war
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The Athenaeum is a large multipurpose building located in the historic district of Lockerbie Square in Indianapolis, Indiana. The building itself has German roots and has a very distinct style, different from the buildings surrounding it. This building first piqued my interest when I visited it in my junior year of high school with my German class. Many of the different features were fascinating and beautiful, and they are just things that are not seen in new buildings constructed these days. These are reasons why I chose this building to be the topic of this paper. This paper is going to discuss the time it took to construct The Athenaeum, the architects, the original purpose of the building, it’s history, the special architectural features …show more content…
At the beginning of 1893 Benjamin Harrison was president, but then Grover Cleveland succeeded him. In May of the same year, the New York Stok Exchange collapsed, that in turn lead to a four-year state of depression (1893). This was a bad time for farmers and those in the agriculture field of business. Wheat prices fell and production of many crops was low due to storm and drought (Whitten, 2001). Prices of other crops followed suit, and farmer’s debts made things more difficult on them (Whitten, 2001). Investments in the railroad also contributed to the depression, as well as the European depression of the time (Whitten, 2001). European’s sold off their American investments to get fund for themselves, which did not do the American market any justice (Whitten, 2001). While this was not a time of war for America, it was not a time of prosperity. The depression led to a rise in unemployment, as much as ten percent more than what it had been, which lasted for five to six years, the only other time rates were like this was in the Great Depression of 1930 (Whitten, 2001). The depression was mostly during Cleveland’s presidency, who was a Democrat, which lead to the election of William McKinley, a Republican, during the next election. This was because many viewed the democratic Cleveland as the cause of the …show more content…
The building has two elaborate gables, a three-storied brick tower that has a conical roof, a semi-circular arched entrance made from limestone with two free-standing Roman Doric Columns and a limestone belt course to define the second-floor line (“History and Architecture”). It also has many different types of windows including; arched upper windows, bullseye gymnasium windows, stained glass windows, and transom windows (“History and Architecture”). It also features a steeply pitched huge Hipped roof, decorative stepped gable façade in stone and terracotta that rise into a baroque pediment above the cornice, above the middle gable there are sculptured panels, and alternating bands of horizontal stone (“History and Architecture”). The building also has some copper work with its small hooded-copper domed dormers with dwarf spires and copper covered cupolas with dwarf spires (“History and Architecture”). Some other stonework on the façade includes stone lion and shields with lyres, terracotta figures, stone columns with Doric caps, and faces of the alternating stone voussoirs are projected from the building (“History and
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...
With the Pantheon being built over 1700 years ago, it’s amazing that architects are still using features and techniques from this work of architecture in modern creations. The use of this type of classical architecture will continue to be used in works for public space due to its remarkable exterior appearance and it’s long lasting structural durability. When both Jesse hall and the Pantheon are compared it is possible to see their similarities from the types of domes that top each, their external facades, and their interior plan. While they share many similarities, the differences that Bell and Binder used in their creation make this work of architecture unique to many other public spaces.
After the civil war, America found itself with a high production rate, resulting in overproduction and falling of prices, as well as an increase on economic stress and the beginning of panic and prosperity cycles. The wars demand for products had called for a more efficient production system; therefore new machinery had come into place. New tools, such as the reaper, shown in document D, the wheat harvest of 1880, were introduced and facilitated production for farmers, making overproduction more probable. Variation on prices than begun to occur as shown in document A, Agriculture prices in 1865-1900, where a greater amount of goods became available for a more convenient price. This had farmers in distress, for they were losing more money than they were making.
The stock market crash of 1929 set in motion a chain of events that would plunge the United States into a deep depression. The Great Depression of the 1930's spelled the end of an era of economic prosperity during the 1920's. Herbert Hoover was the unlucky president to preside over this economic downturn, and he bore the brunt of the blame for the depression. Hoover believed the root cause of the depression was international, and he therefore believed that restoring the gold standard would ultimately drag the United States out of depression by reviving international trade. Hoover initiated many new domestic works programs aimed at creating jobs, but it seemed to have no effect as the unemployment rate continued to rise. The Democrats nominated Franklin Roosevelt as their candidate for president in 1932 against the incumbent Hoover. Roosevelt was elected in a landslide victory in part due to his platform called "The New Deal". This campaign platform was never fully explained by Roosevelt prior to his election, but it appealed to the American people as something new and different from anything Hoover was doing to ameliorate the problem. The Roosevelt administration's response to the Great Depression served to remedy some of the temporary employment problems, while drastically changing the role of the government, but failed to return the American economy to the levels of prosperity enjoyed during the 1920's.
One main cause of the depression was the overproduction of farming and factory goods. The nation was so over-productive that its citizens couldn't afford to pay for these goods because all of the money was going into production fees, and not salaries When Hoover enacted the Hawley-Smoot Tariff, U.S. goods acquired an enormously high 60% tax rate, this was part of the reason for the depression, since no other countries wanted to pay the high tariff rate just to buy goods from the United States. While Hoover thought that he was helping the economy with this tariff, it turns out that all he did was isolate the U.S. from Europe and other parts of the world that would normally trade with the United States. President Hoover also thought that the government shouldn't give the citizens any direct help, when in fact, that was exactly what they needed to do. Instead of going out into the community and directly helping people, Hoover thought that if he created “public works” like the Hoover Dam, he could create jobs, and help citizens ...
The Roaring Twenties approached and the citizens in Colorado were facing rough times. In 1920, many people such as farm owners, manufacturers, and even miners were having a hard time making a living due to an economic downfall. The farmers especially, where facing the toughest of times. The price of various farm-grown goods like wheat, sugar beets, and even cattle was dropping because their goods were no longer needed by the public. Wheat had dropped in price from $2.02 in 1918 to $0.76 by the time 1921 came around. Sadly, the land that they were using to grow wheat became dry and many farmers had to learn to grow through “dryland farming” which became very popular in the eastern plains from 1910 to 1930 (Hard Times: 1920 - 1940). Apple trees began to die due to the lack of desire for apples, poor land, and decreased prices. Over the course of World War I, the prices of farm goods began to increase slowly. Farmers were not the only one facing this economic hardship while others in big cities were enjoying the Roaring Twenties.
During the 1930s, the country was in a state of economic depression. Some Americans lost their jobs, while others received a pay cut. There was a low amount of cash circulating the system, and most items were bought on credit. Because families were low on money, they could only buy the bare necessities. They had to spend their money wisely. Since only a minimum amount of food was bought, the supply of crops exceeded the demand. This caused the prices for farmers selling crops to decline. Therefore, the cost of production was more than the profit of selling the crops, making it extremely difficult for farmers to survive.
The Great Depression America 1929-1941 by Robert S. McElvaine covers many topics of American history during the "Great Depression" through 1941. The topic that I have selected to compare to the text of American, Past and Present, written by Robert A. Divine, T.H. Breen, George M. Frederickson and R. Hal Williams, is Herbert Hoover, the thirty-first president of the United States and America's president during the horrible "Great Depression".
The Great Depression was one of America’s most trying times. It was the dark time following the good times of the Roaring Twenties. The Great Depression lasted from 1929 to the United States entry into World War II in 1941. The cause of the Depression was the panicked rush to get money out of the banks when the market crashed. When President Franklin D. Roosevelt was elected he created the New Deals to fight the Depression. It focused on relief, recovery and reform, setting out to fix the damage. Many people lost their jobs after the crash and were quickly losing their homes. Both of the New Deals had different programs to help America get back on its feet. Even though it wasn't a complete success, the New Deal did more good than bad because it significantly lowered unemployment rates, helped the Native Americans and helped feed millions of undernourished children. (Woodward, 4)
The period between 1880 and 1900 was a boom time for American Politics. The country was finally free of the threat of war, and many of its citizens were living comfortably. However, as these two decades went by, the American farmer found it harder and harder to live comfortably. Crops such as cotton and wheat, once the sustenance of the agriculture industry, were selling at prices so low that it was nearly impossible for farmers to make a profit off them. Furthermore, improvement in transportation allowed foreign competition to materialize, making it harder for American farmers to dispose of surplus crop. Mother Nature was also showing no mercy with grasshoppers, floods, and major droughts that led to a downward spiral of business that devastated many of the nation’s farmers. As a result of the agricultural depression, numerous farms groups, most notably the Populist Party, arose to fight what the farmers saw as the reasons for the decline in agriculture. During the final twenty years of the nineteenth century, many farmers in the United States saw monopolies and trusts, railroads, and money shortages and the loss in value of silver as threats to their way of life, all of which could be recognized as valid complaints.
Farmers were greatly affected by The Great Depression. In the early 1930’s prices dropped so low that many farmers went bankrupt and lost their farms (“The Great Depression hits farms and cities in the 1930’s”). The stock market crash prevented the farmers from being able to sell their produce (McCabe). Through the depression farmers were still producing more food than consumers were buy, and now the consumers could buy even less. Farm produce prices fell even lower (“The Depression for Farmers”). Some farm families started burning corn rather than coal in their stoves because the corn was cheaper (“The Great Depression hits farms and cities in the 1930s”). Non-farmers had also been hit hard by the depression. With the banks failing and businesses closing, over fifteen million people became unemployed (“The Great Depression”). The unemployment rate skyrocketed from three percent to nearly twenty five percent (McCabe). The Great Depression brought a rapid rise in the crime rate as many unemployed workers restored to petty theft to put food on the table. Suicide rates rose greatly as did recorded cases of malnutrition (“Social and Cultural Effects of the Depression”). More and more people were found standing in bread lines, hungry and homeless (McCabe). The depression affected people and businesses but many programs later America pulled out of their
The causes of the Great Depression of the 1920's and 1930's has been argued about for generations. Most people agree on several key topics and that it was the severity and length of time the Depression lasted that was actually the most remarkable. Hoover made many noteworthy attempts to try and solve this crisis, yet in the end it was President Roosevelt and his "New Deal", that brought many Americans hope for the future.
The US government’s role in the Great Depression has been very controversy. Different hypothesizes argued differently on the causes of the Great depression and whether the New Deal introduced by the government and President Roosevelt helped United States got out of the depression. I would argue that even though not the only factor, the US government did lead the country into the Great Depression and the New Deal actually delayed the recovery process. I will discuss five different factors (stock market crash, bank failure, tariff and tax cut, consumer spending and agriculture) that are commonly accepted to cause the depression and how the government linked to them. Furthermore, I will try to show how the government prolonged the depression in the United States by introducing the New Deal.
Items displayed in museums hold historical significance and are representative of society’s culture. Preserving valuable collections for education and enjoyment is a primary role of museums. While fulfilling this role, the architecture of the museum is also an important factor. Historical buildings are converted into museums and architects must consider the use of the space and the museum’s purpose during their initial design. Other museums are built with a clear purpose in mind. As museums are designed, many characteristics are determined. Display and storage spaces as well as visitor services impacts museum’s functionality. Based on the function of a museum, architectural requirements are different.
There is a Romanesque style in the arched windows and the brick walls. The Beaux-Arts tradition is a T-shaped floor plan. The building measures 75 feet in diameter with three wings. The Rotunda’s walls are made of Italian marble and the floors have mosaic tile. The statue in the center of the floor is called “Three Muses.”