...How to write a research paper on the great depression The great depression is considered a sad time in history that affected millions of people. One aspect that many people still find interesting today is how the economy crashed and so many people had trouble finding work. Then, there were highlights such as inventions and unique events that happened during this time period that were considered glimmers of hope for people trying to find their way. Writing research for this subject may include taking a few steps to help you use your time wisely. * Follow research paper guidelines carefully. You may be expected to include pertinent details about your research or follow a particular format. You should be able to refer to your guidelines at any time to make sure your content is on the path to meeting overall expectations. * Select a topic to focus research on. Topics ideas related to the great depression may include what started it, what did people do to earn money when they could not get a job, how did the economy grow from it, and what are ways to prevent this from happening again. Your topic should be something you want to learn more about and something you can comfortably contribute to. * Pick out significant details you want to mention. An outline can help you do this. The outline helps break up your paper into smaller areas to focus on. As you complete your research you can plug your findings in on the outline, then go back and refine them when you start writing...
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...The Great Depression of 1929 put into context of the Global Financial crisis Economic development over the last years has been very volatile, so many comparisons have been made to past economic crises. This incident puts the Great Depression into a very recent context. The aim this paper is to outline the causes and effects of the Great Depression for both the USA and Europe. The Great Depression which started in October 1929 turned into the most severe global economic slump ever. After a brief introduction to the topic more detailed background information has been provided. The initial economic downturn directly tied in with the boom years of the Golden Twenties. It was mainly caused by over leveraged speculation and a decrease in the value of gold. The effects on the population in America and Europe were especially unemployment and the vaporization of saving because of an enormous stock market crash. For the economy the Great Depression meant that international trade nearly came to a standstill and a vicious circle was created as banks failed and credit was barely available. As a reaction to the Great Depression stock market- and banking regulations were put in place and welfare systems have been introduced in America and Great Britain. A step to fight the ongoing crisis was the foundation of the Salvation Army. The entrance into World War II marked a major mile stone for America. Especially new warfare related industries gave labour to American women while...
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...Frensisca Aristil Eco 2013-169825 Extra Credit Paper The Great Depression On Tuesday October 27th, 1929, the United States experience the worst crash of the stock market in history. It was so severe, economist called that Tuesday “Black Tuesday” Since many banks also invested in the stock market; the crash caused many banks to close their doors. Many people tried to sell their stocks but no one was buying. Although the Stock Market crashed, many optimists were hopeful that the economy will turn around. John D Rockefeller stated that: “These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again” The market did not start to go upward until the early 1930’s. During the beginning of 1930, the government and business spending have risen while the consumers cut back on their expenditures by 10%. The lack of spending from consumers caused many businesses to lower wages and lay off employees. Unemployment rate increased to 25% which is the highest it has been in US history. Automobile sales also declined to the lowest levels. In 1931, a deflationary spiral started due to the decrease in prices. Consequently by May 1930, the agriculture was destroyed by a severe drought. The great plains were affected by a drought and a dust storm which created the Dust Bowl. Overgrazing and the effects of the drought caused the grass to disappear, which left only the top soil...
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...Who was Keynes and what were his ideas? John Maynard Keynes, born in 1883, is considered to be one of the most influential economists of the 20th century. He was most prominent during the Great Depression in the 1930s when he tried to create an economical revolution in economic thinking with his ideas of intervention in markets. The idea is also generally; that in the short run productive activity is very much influenced by aggregate demand, (aggregate demand is the total spending in the economy with the equation; Consumption + Investment + Government Expenditure + (Exports - Imports)) and that aggregate demand does not equal the productive capacity of the economy. Keynes believed strongly that Government Intervention would strongly help the economy to succeed and grow. His three main argument points concerning the Government were : The Government has a role to play in moderating the business cycle. Government can use short term monetary policy to engineer the economy. During economic hardship the government should spend to try and 'spur' on economic growth. In the second point I mentioned monetary policy, but what is it? It involves changes in the base rate of interest to influence the growth of aggregate demand, the money supply and price inflation. A short goal would be set for the economy to achieve this by changing the base rate. If the economy is doing well, the government should stop spending money, or spend less, but if the economy is bombing, the government...
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...Philip Evergood’s painting Dance Marathon illustrates the desperate times surrounding the Great Depression. In the scene, dancers compete for a cash prize as they see who can dance the longest. He portrays the cruelty of the time through this vulgar setting. The painting easily captures the viewer’s attention mostly from the use of color, figure, spatial effects, and other techniques created by the artist. The size of Dance Marathon is not oversized, but it is relatively large and invites the spectator to look at the painting. The perspective created by the size and point of view makes it feel as if you are part of the audience. The hands of two members of the audience can be seen in the bottom right and left corners to emphasize this effect in order to make it look like they are sitting next to you. One wears a diamond ring, and the other is smoking a cigar while clapping. Both of these things are intentionally rendered to show the high class enjoying the suffering of the lower class. Composition in this oil painting is very important in establishing Evergood’s point. Lines are undetermined and the brushstrokes appear to be evident which characterize painterly strokes. With this painterly characteristic, the artist portrays that he is less concerned about the detail than he is about the emotion of the dancers. Except for the floor tile, the painting contains very few lines or outlines, which allows the figures to portray movement. The artist seems to be most concerned...
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...building audio news stories that include a wide range of sound effects, and you will engage in digital audio editing. We will also put your creations online so that you or anyone in the world can access your masterpieces. Please share with the class any suggestions you have on how to make this project better. For the “You Are There”: Great Depression project, you will be in three groups of 4-5 people building a story on the following topics. Suggestions on who you might “interview” for the economic crisis are below: • Upon the American Stock market crash of 1929 o “Big Players’” Point of View: President Herbert Hoover, Prime Minister Ramsay McDonald, Leon Blum, President von Hindenburg, o “Man in the Street” Point of View: A member of the English House of commons, a member of the SS, a German Jew, a Russian worker • On the Scene Reporting- The Reichstag Fire, The Assassination of Sergei Kirov and the beginning of the Soviet Purges Your creative process should begin with a) a brainstorm where you discuss the issues and people you need to include in your story, b) research and preparation on these issues, and c) a “script” outline which your team can use to perform/present the entire 7-10 presentation non-stop. You do not need to script out exactly what you are...
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...Intro to Economic Thought (ECO 105) Robert Ellmann Financial Crises Irina Sterpu __________________________________________________________________________________ OUTLINE Introduction into the topic and its origins The Great Depression 1929-1939 German Hyperinflation 1918-1923 The Great Recession 2008 1973 Oil Crisis European Sovereign Debt Crisis 2009, onward Ruble Crisis 1998 Black Monday 1987 Conclusion References Financial crises – definitions and origin The majority of economists and monetarists define financial crises as a manifestation form of banking crises, with an impact on financial stability and reaching the state of collapse of the financial infrastructure in the absence of central bank‟s intervention. Financial collapse which affects most of the companies generates quickly problems over the banking system as the following consequences: the panic of the clients, inability to distinguish between the efficiency and the difficulty of banks, deposit withdrawals. Jack Reed, an American politician mentions: “The financial crisis is a stark reminder that transparency and disclosure are essential in today's marketplace.” In economic literature, the problems in the banking system are the main sources of the financial crises. All the economic collapses require injections of liquidity or public financial funds, in some cases, private funds from banks and international institutions. Financial crises have usually...
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...Name Professor Course Date: Analysis and Argument Essay on ‘Black Tuesday’ Stock Market Crash Financial systems both money markets and capital markets all across the world have always been susceptible to shocks of varying proportions. The stock markets for instance are very vulnerable to daily variations in the forces of demand and supply. That is, when supply of a given stock outweighs its demand, the price of that stock is expected to fall and when demand outstrips supply, the price is expected to rally. Though these changes are viewed as normal, at times the prices plummet to a level that it sets in a wave of panic among the investors (Rothman, Par 1). These panicking investors rush to liquidate their stocks leading to further dip in prices. Such huge falls in stock prices can lead to what we call a stock market crash. One of the most documented crashes in the world is the United States stock market crash of 29th October 1929 popularly known as the Black Tuesday. On that dreaded Tuesday Dow Jones had shed 13 % while eight weeks prior to that the bourse had lost 40 % of its value (Lancaster, par 2). This paper aims to analyze what happened on, before and after that Tuesday, what could have caused the crash and what measures can be taken to prevent future crashes. Prior to the 1929 crash, the United States of America had experience a period of stable economic growth. This was characterized by a period of improved industrial production, for instance mass production of cars...
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...EXPOSING THE SOCIETY IN WHICH WE LIVE The Depression had just struck the United States in the early 1930s, leaving many families to cut back on costs and save every penny. However, there was one thing that people could not cut back on and that was going to the movies. With sound just being introduced, people were flocking to their local theater to see the spectacle at hand. Consequently, Hollywood had hit a bump in the road trying to make the transition to sound and adjusting to the American people’s changing taste. Experimentation concluded that films that depicted the lives of the Americans became very popular. “It was during this period that the social-problem film emerged as an important genre” (Roffman 28-1). In this genre, realistic issues could be bought into light for the world to see. Social-problem films followed a certain outline and contained a specific set of characters and specific scenery. The characters that were often gangsters, convicts, fallen women, or someone who acts in an unethical manner often called a shyster. These movies are often shot in alleyways, slums, and parts of a big city. In addition, the hero must be a strong, unprincipled individual “in order to endure in a society crumbling under the weight of its own corruption and ineffectuality”(28-1). Warner Brothers were one of the first to start filming the social- problems genre. They achieved huge financial success when they took the risk in filming I Am a Fugitive from a Chain Gang (1932), which...
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...Economic Forecasting Paper Debra Johnson Ellen Hertz Christine Sibert ECO/ 372 March 4, 2014 Timothy Ringgold Economic Forecasting Paper List of resources a person might use to gather historical economic forecast data: Bureau of Economic Analysis—The BEA is a good source for U.S. economic data on topics such as GDP, income, and employment at national , state local levels. This resource also contains data on U.S. international economic transactions (trade and foreign direct investment). Bureau of Labor Statistics (BLS)—provides information pertaining to employment, wages, prices at various levels (national, state, local). FEDSTATS--FEDSTATS, good staring place for data on the U.S. and contains links to statistical resources produced by the federal government Foreign Labor Statistics—this site, which is hosted by the U.S. Bureau of Labor Statistics, allows for international comparisons of unemployment, compensation and other indicators. Federal Reserve System – is a good source for banking information, monetary policy, economic data, and other vital information. http://www.federalreserve.gov Federal Reserve Economic Data (FRED) – Open source of information on consumer price index, real gross domestic product, unemployment index, foreign exchange rate accompanied with graphs and historical data. http://www.research.stlouisfed.org Library...
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...The Dirty Thirties and the Emergence Of Canadian Social Assistance Grade 10 Academic-CHC2D Dec. 12, 2011 By: Kate Raatzs, Archana Selvaragan and Jennifer Joseph Table of Contents Task Page Design Plan Statement 1 Course Outline 2-5 Unit Overview 6 Unit Calendar 7-8 Enduring Understandings/Essential Questions 9-10 Lesson Summaries: a) Causes of Economic Troubles 11 b) Population Changes and Immigration 12-14 c) Technology of the 1930s 15 d) Life in the 1930s 16 e) On-To-Ottawa and Social Unrest 17 f) Social Assistance Programs 18 g) Then and Now Review Lesson 19-21 h) Then and Now Round Table Assignment 22-23 Appendix A: Round Table Discussion Handout 24 Rubric for Round Table Discussion and other Assessment ideas 25-28 Topic Organizer 29-31 Speech Planner 32 Design Process Statement Our group initially decided to work together because each of us was specifically interested in developing lessons for Grade 10 Canadian History – Academic. Some of us wanted to develop our understanding of the curriculum itself, while others wanted to focus on working with students of this age. After reviewing the curriculum...
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...During the Great Depression in the 1930’s, the federal government officially funded families and individuals who were in need of aid because of their insignificant incomes. The United States welfare system was initially created in order to support families who were down on their luck and required guidance in order to build their income once again, eventually reducing the poverty level. Originally, the welfare system was in the hands of the government which agitated many Americans who pleaded for a reform. Being a controversial topic, the United States welfare system will consistently be in the headlines and in need continuous amendments in order to fulfill the needs of every underprivileged family. Before we discuss in which ways the welfare...
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...2009 N U M B E R 141 ECONOMIC POLICY The Global Financial Crisis: Comparisons with the Great Depression and Scenarios for Recovery Milan Brahmbhatt (PRMVP) and Luiz Pereira Da Silva (DECVP) A recent paper by Eichengreen and O’Rourke on “A Tale of Two Depressions” (publicized by Martin Wolf in the Financial Times) has highlighted some close correspondences between economic performance during the present world recession and that during the early months of the Great Depression that began in late 1929.1 World industrial production from April 2008 to April 2009 fell as rapidly as during the first year of the Great Depression, while stock market prices and world trade volumes have fallen more rapidly than in the comparable period. These comparisons lead Eichengreen and O’Rourke to draw the alarming conclusion that “[I]t’s a Depression alright.” They note, however, that fiscal and monetary policies are likely to be much more supportive of economic activity in the next 1–2 years than they were during the first few years of the Great Depression. The first part of this note outlines some other important structural differences between the world economy today and in the 1930s that are likely to affect how the present recession plays out relative to the Great Depression. The second part of the note discusses possible recovery paths out of the current crisis. 1. Comparing the Great Depression with the Present Global Financial Crisis Larger role of faster-growing developing countries...
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...Discuss the validity of the statement that “in SEA, nationalism was principally an ideology of anti-colonial struggle.” Intro Definition Duiker defined nationalism as the result of a gradual process which begins with a primitive awareness of shared destiny and of ethnic or cultural distinctiveness. Only gradually does national consciousness expand into an awareness of the modern concept of nationhood, rooted in the mass of the population. Nationalism takes place in 3 stages: proto, modern and mature. Interpretation This statement implies that the defining nature of SEA nationalism was opposition of colonial rule. Argument Outline It is true that SEA nationalism was a concept of anti-colonial struggle, but there were also other forms mainly traditional, cultural/religious and ethnic/economical and moderate/reformist. They were not anti colonial in nature but rather reactions to colonial policies. SEA society was never homogenous, thus political awareness among the masses came only post WWII after originating from non political forms before 1945. This essay would be covering the early stage of SEA nationalism before WWII. Thesis Thus, it can be seen that there are many variations of nationalism which were not necessary anti colonial in nature due to the unique demographic circumstances of SEA. To say that in SEA, nationalism was principally an ideology of anti-colonial struggle would be a oversimplification and generalization. Expo 1 P: SEA nationalism...
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...Italy is a country rich with history and Italians pride themselves on their cultural beginnings. Here, tradition is more than just a handing down of customs from one generation to the next; it is a way of life. Today, tradition is scarcely upheld better than in the city of Deruta, Italy. Deruta, located within the region of Umbria, is home to an array of ceramic companies due to its local clay deposits; however, none as astonishing and steeped in custom as the Grazia Ceramics Company and factory. The Grazia family has been producing ceramics for over 500 years beginning in the year 1500. Operating for so many years has ensured competition for Grazia; however, it distinguishes itself from the multitude of other ceramic stores in the area – and the world – not just with its designs, but primarily with its method of quality production. Still family owned and operated, Grazia prides itself on producing “high quality majolica ceramics using time honored handicraft traditions passed down from generation to generation.” Majolica is the particular process in which the ceramics are made and decorated; a method that can be dated back to the 1200s. Today, almost every aspect of Grazia’s current production mirrors that of the company’s beginnings. Grazia’s procedure is exclusively manual and is one of the only companies to produce each piece from start to finish in one building, without outsourcing any work. Local clay is first brought in from the adjoining hills and is run through a...
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