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How did people attempt to recover the Stock Market during the Great Depression?

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How did people attempt to recover the Stock Market during the Great Depression?

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The stock market crash was a rapid, dramatic decline in stock prices. Taking place in 1929, which was a dramatic change in world history because it caused the Great Depression to start, causing most people to become unemployed. Throughout the Great Depression, from 1929 to 1939, many efforts to recover the economy occurred. In 1934 through 1935, “The primary relief agency was the Federal Emergency Relief Administration (FERA). Federal FERA officials distributed funds to state governments...then distributed the funds internally to local governments. Once established, the FERA offered both direct relief and work relief” (Fishback 4). This plan was unsuccessful, but it inspired many funds, including the  Civil Works Administration (CWA), to restore the Stock Market. One of the presidents during the Great Depression, Herbert Hoover, also contributed to this act. In a letter written by him to Governor Emmerson of Illinois, shows his concern of the financial world, “I am wondering if it would not be advisable for us to get the machinery of the country into earlier action than last year in order that there may be provision for funds substantially made before the winter arrives...However, is just thinking aloud on the general situation and I would like your views” (Hoover). President Hoover’s and government fund’s contributions to the Stock Market restoration allowed the world to come out of the Great Depression.
One of the presidents during the Great Depression, Herbert Hoover, also contributed to this act. In a letter written by him to Governor Emmerson of Illinois, shows his concern of the financial world, “I am wondering if it would not be advisable for us to get the machinery of the country into earlier action than last year in order that there may be provision for funds substantially made before the winter arrives...This, however, is just thinking aloud on the general situation and I would like your views” (Hoover). President Hoover’s and government fund’s contributions to the Stock Market restoration allowed the world to come out of the Great Depression.

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https://docs.google.com/document/d/1lIMdBvZs_kyso2IcI16rwwow4LGShE7NsWXVJTOZ4xs/edit?usp=sharing

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What were some causes of death during the Great Depression?

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What were some causes of death during the Great Depression?

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During the Great Depression, the entire nation was affected dramatically by the economic downfall that was occurring in the United States. With the pressure that the head of their families had on their shoulders, it had caused many suicide attempts throughout the ten year downfall. “Economic problems potentially fueled social and psycho-logical stresses that contributed to more suicides and homicides” (Fishback). During time information was taken that many of the suicide patters were similar; such that suicide rates would be lower in areas that had less exposure to the Great Depression and suicide rates would be higher if certain families were impacted stronger. Not only was it just the equality that had less suicide rates but it was areas that had less inequality problems as well. The New Deal, a series of programs that responded to the needs for relief, reform and recovery which was created by President Franklin D. Roosevelt, had helped ease the nation’s downfall which did not cause as many suicides before the program was opened which was in 1933 to 1936. Although suicide was an important part of the Great Depression there were other causes that went along with the ten year downfall such as homicides; however, suicide was one of the only things that had changed with the economy after the depression. “Only suicide rates responded in the same direction to increases in general economic activity and relief spending” (Fishback). However things came with a cost, saving people's lives did not come at a cheap price. The amount of money that was paid to save people from committing suicide was the second largest price during the depression when it came to reliefs. “The relief cost per life saved is $4.5 million for homicides, $1.9 million for suicides, $840,000 for infectious and parasitic diseases, and $1.76 million for diarrhea diseases” (Fishback).
During the dust bowl, an average of twenty people had died. “at least 20” persons have died within the last two weeks in the nation's “dust bowl” of disease aggravated by blowing silt” (20 Persons Have Died in the Dust Bowl). During this research it was made clear that since the economy was not stable, neither were the people; so this had made many of the suicide rates over the 1929-1939 time frame had been very rocky. During certain times of the depression, suicide rates would be low compared to the previous year because the economy had seemed to improve a small amount and the following year the suicide rated would be higher because the economy had lowered once again. “The differences in how most of the specific death rates responded to increases in relief and general activity are indicative of the different channels through which relief and general improvements in the economy influenced death rates” (Fishback). In the end, as the economy started getting better the suicide rates started dropping and the pattern of the inconsistent suicide rates continued until the end of the Great Depression.

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How did the Great Depression affect women?

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How did the Great Depression affect women?

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The Great Depression affected the entire world, including women. Although this time was detrimental to many aspects of daily human life, women benefited it from it in various ways. Specifically, at the University of Washington, in Seattle, many women were able to discover new avenues, such as academics and athletics. Around 1934, Professor of Psychology, William Wilson encouraged many women to pursue further studies, which led to, “The University of Washington began to offer courses and programs specifically designed to advance women in business” (Flannery). Furthermore, aspects of athletics were also affected in positive ways at the University of Washington. With the rising popularity of sports, such as swimming, “In October of 1934, female swimmers banded together and petitioned the physical education department to increase the hours of the women’s pool. Stressing the growing popularity in swimming as a sport, female swimmers had their demands met when the athletic department permitted the pool’s hours to be increased” (Flannery). Another way women were influenced by the Great Depression was their perspective on the values of money.
Based on the Economic Crash Helpful to Women - Dorothy Scarborough, women understood how precious money was because of their husband’s loss of income due to unemployment, “But in the last two years women have had the occasion to take their domestic affairs more seriously. The stock market crash brought about a new economic turn in the home...Now that women know how much energy it takes to earn a dollar, they spend it more cautiously” (Stein). At the time, women were spending every dollar like it was nothing the stock market crash opened their eyes to realize how hard it was to earn money and the significance of it. One example in the newspaper includes, “Women used to buy their dresses and hats at exclusive shops now look for stores where they can get clothes at a normal rate” (Stein). From advancements in education, academics, and values, the Great Depression was a destructive moment in time, but women were impacted greatly in many positive ways.