Wednesday, May 6, 2020

The Great Depression Effects On The United States

â€Å"The Great Depression was the most severe, prolonged economic crisis in American History. It displaced thousands of families, created hardships for millions of people, shaped an entire generation, and reshaped the way Americans viewed the role of their government,† (Cravens). Although the Great Depression had devastating effects on the United States, its impacts on family life and structure were the most devastating. Children had to take on more responsibilities by attempting to find jobs in a market where there were a scarce amount of jobs even available for adults. These children suffered a lot from the depression since their parents didn’t have the money to take care of them, but more children started finishing high school and going to college to get better jobs. Mothers were greatly affected by the Great Depression as well, they had to start working to help take care of their families. Most of the jobs a woman could find were very difficult, low paying jobs wit h long hours. Women additionally started separating from their husbands and started having less children. Families had to make do by budgeting, changing their shopping habits, and finding alternate ways of bringing money home. For previous generations the stock market had been for the biggest businessmen and the large-scale speculators. But since mass production and mass prosperity had arrived the question came that why shouldn t the stock market be open to all the people? Bankers and stockbrokers were both inShow MoreRelatedCauses and Effects of The Great Depression in the United States1238 Words   |  5 PagesThe Great Depression is a defining moment in time for not only American, but world history. This was a time that caused political, economical, and social unrest. Not only did the Great Depression cause a world wide panic, it also caused a world wide crisis unlike any before it. This paper will analyze both the causes and the effects of the Great Depression in the United States of America. 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