Archive for the ‘Roosevelt’ Category

The Cold War was the most important political and diplomatic issue of the early postwar period. The main Cold War enemies were the United States and the Soviet Union. The Cold war got its name because both sides were afraid of fighting each other directly. In such a “hot war,” nuclear weapons might destroy everything. [...]

Image via Wikipedia By late winter 1933, the nation had already endured more than three years of economic depression. Statistics revealing the depth of the Great Depression were staggering. More than 11,000 of 24,000 banks had failed, destroying the savings of depositors. Millions of people were out of work and seeking jobs; additional millions were [...]

Though the U.S. economy had gone into depression six months earlier, the Great Depression may be said to have begun with a catastrophic collapse of stock-market prices on the New York Stock Exchange in October 1929. During the next three years stock prices in the United States continued to fall, until by late 1932 they [...]

Really helpful post from scoop2go 1. False Prosperity * overdependence on mass production, consumer spending, advertising, welfare capitalism, high tariff, “invisible hand” * automobile was the leading industry * chemicals, appliances, radio, aviation, chain stores * overproduction in textiles, farming, autos * real wages increased only 11% * 60% population less than $2000 poverty minimum [...]

The Wall Street Crash made a significant contribution to the onset of the Great Depression. It was a catastrophic downturn in share values caused by over-speculation. There had been repeated warnings during the “Roaring Twenties”, a time of prosperity, that the high values could not be sustained, but speculation continued nonetheless. Over a period of [...]

On the 24th October 1929 and then again on the 29th October 1929, share prices on the New York Stock Exchange collapsed. To many people this came as a shock and very few people expected it. For seven years share prices had risen steadily and more people had invested money as a result. Many people [...]

In this paper we will be examining various interconnected reasons for the Great Depression.

Example of a Pro-Roosevelt (interventionist) New Deal Essay

A compilation of useful articles on your coursework. Tyler Cowen is a professor of economics at George Mason University plus two book reviews (from 1964 and 1992. Can you spot which is which?)