Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
This blog is an open forum for CCHS AP US History students. There will be an official posting each week for each student to respond. However, you may also post other information and questions you have concerning AP US History or CCHS.
Blog Archive
About Me
- Mrs. Vince
- This is my 7th year teaching AP US History and our third year to blog. Please put forth your best effort and hopefully it will be beneficial for everyone!!!
15 comments:
During the 1920s there was an enormous amount of buying on margin occurring as well as overproduction on the farms. President Hoover was practicing a "rugged indiviualist" idea where he believed the people should get by on their own. The stockmarket crash didn't help matters either. Individually none of these policies caused the depression on their own, but all together they did.
In my opinion, the depression was bound to happen eventually. We might have prolonged it had Hoover assisted, but these type of events have to occur. The probability of a country surviving without ever going through an economic downturn is very slim.
The depression wasn't necessarily all bad. While it did cause suffering and loss, it brought Americans together as we all experienced similar losses. In the end, the depression made our country stronger.
Casey:)
In the 1920s the stock market was soaring, and people would invest their entire fortunes into it. Yet many didn't have the money to invest therefore they bought on margin. Farmers after WWI were still producing a high production of goods, but with no more soldiers fighting, there was an overproduction of goods. Yet President Hoover, believed that people should help themselves and therefore would not offer assistance to these people. Eventually when he did decide to help he used the Trickle Down System, paying large amounts of money to large coorperations in hopes that the money would gradually go down to the lower classes. Yet unfortuantly that was not the case and the rich pocketed the money. When the stock market crashed many people lost all they had to loan sharks seeking out their money.
The depression was inevitable. Many changes could have been made to assist the poor, but like Cathy said all countries eventually go through a depression, this one could only have been prolonged.
The Roaring 20's or the years of prosperity, was just a figment of the imagination. After WW1 the U.S. turned to isolationism. During the 20's many new inventions came into existence such as the automobile, the radio, the tractor, etc. These inventions had strong impact on our economy and peoples lives and not always in a good way. With more technology comes less people needed for jobs... Also during this time people wanted all the shine and glamour of the 20's so they bought on credit, which eventually caused the bank to collapse. In 1929 the stockmarket crashed due to prices getting to high, people had heavely invested on credit and therefore lost everything they had; then the banks suffered for giving out to much money, which led to their crash. The stockmarket crash, along with unequaul distrubition of money, conservative Republican policies, overproduction, credit, overspectulation, unemployment. With everything possible stacked up against the economy the Depression was inevitable.
Maynard
Credit during the 1920's had reached a very high point and had started to become a part of everyone's daily life. Each day more and more debt would pile up and our economy and it's people sank further and further from being able to all that owed money back into the sysetem. Along with the huge stock risks that were safe one day and gone the next the economy could not avoid sinking. They invested too much of their own money in unsafe loans and stocks that caused them to crash. Overpopulation and unempolyment were at a high and more and people suffered with no way out. There was no way for these people to find work so they had no income to pay off their credit debts and put back all the money that needed to be spent back into the economy was being hoarded to great amounts for the people that had it. And above all the stock market crash of 1929 put thousands and thousands of people into poverty and great struggle just to find the next meal. With all these contributing factors i do believe that the depression was inevitable. The lengths that would have to be taken to save the country from depression i find to be impossible to do. This was all around a huge quaqmire(look Mrs. Vince i used my favorate word ever LOL)
:) :o) :)
The 1920's had a lot of problems. People would buy stock but not really pay for any of it. they would take out loans and go into debt. they would also buy with credit. and when they couldn't pay for the things they got, it would be repoed. when people started to pull out their money from the stock market, things started to go down from there. every thing was just going bad. the farmers were making to much food and couldn't sell it. the rich were getting richer. and the president wouldn't help the people when they needed it. the depression was inevitable at that time. if they didn't use credit, it might have been avoided. but with all the buying on credit and nit paying for anything lead right to it.
Throughout the 1920s there was an immense amount of overproduction in the farming industry and people buying on margin. Hoover as the president didn't believe that the people of America needed help and could get through it all by themselves. There were many long term causes of the depression like conservative republican policies and unstable industry, but the stock market crash was really the last straw as to how we fell into a depression. I don't think that the depression was that bad, it helped us to be stronger as a country and gain strength and unite together to get out of it.
The depression could have not been prevented. The rest of the world was also going through the same things we were, so eventually that would have brought us down. The over-production and stock market and all the other contributers to the depression could have all been individually prevented, but we could not control what the rest of the world went through or their decisions, we would've gone through it anyway, maybe not so bad though.
the economy soared in the twenties but it was a false sence of profit. many people bought stocks on margin and therefore really didnt own there stocks at all. they would take out loans to pay for them. these stocks were bought on credit along with many other things in their life. when the market crashed. all theses loans and things bought on credit were asked to be paid in full. peoples things (bought on credit) would be would be repossessed since no one could pay for it. if they owed money on other loans and bills then theyre next things of value would be sold off. their house and their land. if such a person was to invest or store all their money in the stock market or put it in the bank and they couldnt of payed it off when the market crashed then they were left homeless and eventually without a job. the money put in the banks were ill managed. it a person was to put 100 dollars in the bank then everybit of that money was handed out in loans for other people. any other left over money was invested into the stockmarket. so eventually when the unstable market crashed people rushed to the banks and to wall street to pull their money out to payoff there debrts or to survive. imagen everyones surprise when they go to the banks and cannot physically pull out there money because it wasnt there to begin with.
the depression might of been avoidable if people stopped using credit and had payment plans to pay off all there debts. banks would of had to have a better way of handling money and the government would of had to put a regulation on the amount that can be bought and sold in the stock market. the goverment in short had to of been more hands on. but as it was president hoover was the right president at the wrong time. he had a very hands off aproch in the economic world, and that didnt not help matters at all so with the influential figures in place the depression wasnt avoidable because the goverment did nothing to regulate and prevent.
Everybody bought on margin from the stock market during the 1920's. This meant there was shortage of money and it led to the crash. Also after the war ended, the farmers continued to produce on war levels and this caused overproduction. This meant too much suply and not enough demand. The prices went way down and the economy crashed. There was no way for America to avoid the depresiion because the rest of the world was already in the depression, and we were headed there no matter what. We couldn't avoid it.
The policies of the 1920's greatly affected the Great Depression. The laissez-faire style of government didn't help the workers, who in turn couldn't buy stuff from the companies. These companies had to stop production because there was no demand, and their workers were dumped on the streets with little money to survive. These people bought stuff with credit, hoping they could pay it back when the loan was due. No companies were hiring in this downturn, so the jobless couldn't get jobs to keep the money flowing.
The idea of rugged individualism also failed in this time period, because the people couldn't survive by any means. The government should've stepped in earlier and helped the farmers and other working groups that were losing buying power. However, Coolidge and Hoover waited too long to help, and the depression spiraled out of control.
The depression was inevitable. The country was happy about ending a war that had ended all wars, and the government officials didn't want to impose on that happiness with restrictions lest they lose their jobs. The people also voted for the people with the policies that were unsustainable in the current market, because they didn't see the disaster that was looming. Also, depression is a normal part of the economic cycle, along with recession, and growth.
They were a lot of policies created in the 1920's from the Rugged Individualist, overproduction, the buying on margin. These did lead to the depression I believe because people were spending money they didnt have. Then when they didnt have any money the governemt wouldnt help them out.
I believe the depression was inevitable but we couldve gotten out of it much faster had it not have been for hoover being the presdient. he didnt want to help anyone so they didnt have any money to continue in society .SO how was society supposed to work without the flow of money?
i think isolationism was the number one policy that made the depression inevitable. had we had been involved with other countries economically we might have prevented our depression along with rest of the world's depression. and im sure mass production, buying on margin, and corruptness of big companies hoarding the wealth, and the stock market crash didnt help the cause at all. if there had been equal distribution of wealth, no buying on margin, etc. we could have avoided the depression for awhile. normally after a war, countries involved will have economic troubles and there are always things aferwards to occur to make it one giant snowball of problems. so needless to say maybe if those policies after the war hadnt occurred it doesnt mean that something wouldnt come along to drive us into a depression.
All of the policices coming about in the early 1920's did play an enormous role in the depression. I don't think the depression was inevitable because we had already stooped down so low, depression was the only answer. With the unequal distribution of wealth and the overproduction, the economy wasn't running quite the way it should have. Also, the "credit" thing didn't work out so well, as it just put some people into bigger ruts than before.
I think the policies of the 1920s greatly affected the depression. President Hoovers "Rugged Individualism" belief that he was practicing did not help matters at all. The war was over and everyone was celebrating there was a false since of prosperity.People were buying on Margin and companys were over producing and when the stock market crahed in 1929 things started to get bad. Along with these factors there were some very high tariffs leaving people with very little money if any. Banks had control of only around 49% and the rest was in stock so when the market crashed people would attempt to draw their bank money out causing many banks to go under. I think the depression was going to happen eventually. We might could have prevented it for a little while. Maybe not spending as much or keeping everyone from drawing out their money from the stock market all at once. But i still think the depression was going to happen eventually and since the government would not intervene it was destined to happen.
the policies contributed hugely to the depression because of all the buying on margin and credit. the only way for people to afford all of this was for them to put all that they owned as the credit. yes the depression was inevitable because the rest of the world was already in one so all that we could do was wait for it to hit us. we could have not fallen into such a deep one.
Post a Comment