https://padlet.com/algrijal/jeilc4677ptee4gq The worldwide economic downfall. en-us 2022-03-19 23:08:37 UTC 2025-10-23 13:52:56 UTC hello@padlet.com https://padlet.net/icons/png/1f4b5.png algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103292329 This historical event happened over a decade when it started in 1929 and ended in 1941 during World War II. Financial crisis caused this era to have unemployment, economic downfall, struggles for families to provide income, shelter and food, and not to mention the hardships and failures of the nation's banks, businesses, and farms due to the stock market crash. ]]> 2022-03-19 23:51:29 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103292329 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103293525 The Great Depression, to some Historians, can be characterized as a disaster due to the time frame that the events lasted, the severity that hit families and communities, and the consequences that followed. This changed the modern industrial economy of the United states because of the negative outcomes. When we think of the roaring 20's we may think of the party era, so it is quite interesting to see how quick an ugly turn things went as the roaring 20's came to an end. ]]> 2022-03-19 23:56:09 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103293525 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103295332 The Federal Reserve system or "the Fed", is the central bank for the United states that was created by Congress. This was established to create a safer, flexible and stable nation when it came to the financial system. However, some people and historians believe that the Fed's decisions hurt the economy even though they may have thought they were acting in the public's best interest as they put policies into action during the Great Depression]]> 2022-03-20 00:02:25 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103295332 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103296085 https://www.federalreservehistory.org/essays/great-depression]]> 2022-03-20 00:05:16 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103296085 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103298267 When the Great Depression occurred, President Roosevelt created a "New Deal". This created social security, unemployment insurance, and federal family assistance during the 1930's. ]]> 2022-03-20 00:12:26 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103298267 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103299629 Goods and services were extremely effected during this time period in history. This is because the gross national productions of goods and services had a huge decline of 30% during 1929-1933. This decline was seen in prices of farm products, raw materials, industrial goods, stocks and more. ]]> 2022-03-20 00:17:24 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103299629 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103300887 Most money, as we know, is created on paper but during the Great Depression governments were required to redeem that paper for gold if someone requested it. Inflation was prevented through this strategy because it put a limit on the amount of currency through paper money being made. In fact, loss of gold which is also labeled as convertible currencies, could force governments to raise interest rates higher and higher.]]> 2022-03-20 00:21:57 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103300887 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103302582 Economist Charles Kindleberger had a different take on the Great Depression. He believes that the historical and global event happened, "by  a lack of world economic leadership". He also believes that countries did not do enough to stop the economic crises and lead to the severity of the Great Depression because serious measures were lacking action leading up to the Great Depression?
Was this a new point of view to you?
Could you agree with Charles Kindleberger?]]> 2022-03-20 00:27:08 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103302582 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103306128 The Great Depression goes down in history as a sever economic downfall and because of this it prompted the Government to look into and prevent repeated events or situations of the Great Depression. This prompted economic policies to be more active and taken seriously. When we look back at that era of time we may think that we could have prevented it and try things differently. Some may even say that events of another depression will never happen again... Take this quick survey question to express your thoughts!

]]> 2022-03-20 00:39:55 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103306128 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103322373 https://www.econlib.org/library/Enc1/GreatDepression.html#:~:text=The%20Great%20De

]]> 2022-03-20 01:22:57 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103322373 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103325455 Hearing about the members of communities that lived through the Great Depression is impactful and shows how powerful and important this crisis really was. Just imagine what community members and families went through and how they felt dealing with the burdens that came from devastating consequences that developed due to the depression. Some of these burdens were poverty, rising crime rates, homelessness, bank crisis and more.

]]> 2022-03-20 01:32:19 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103325455 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103328543 The social and cultural effects during the Great Depression can be described as, "While many undesirable vices associated with hopelessness were on the rise, many family units were also strengthened through the crisis" (ushistory.org, Social and cultural effects of the depression 2008-2021). I felt this was a powerful statement because it shows community members were going through a lot of emotions from hopelessness to banding together to strengthen through the crisis and hold out for positive outcomes and opportunities. This also shows that there are more to people's stories than we may think when it comes to learning about the Great Depression because many people went through similar struggles but in different ways and magnitude and not consider the fortunate stories of people's upbringings during this historical event. ]]> 2022-03-20 01:40:25 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103328543 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103329794 Since unemployment rates spiked up this caused crime rates to also increase. Unemployed workers were so desperate to obtain resources they would resort to petty theft. ]]> 2022-03-20 01:44:08 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103329794 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103330222 Suicide was on the rise due to reports of malnutrition because families were not able to put food on the table. During this time some thought it would be easier to end their life than struggle to provide or find food. ]]> 2022-03-20 01:45:27 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103330222 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103330744 Prostitution became more engaging because women were desperate to find a way to pay for their bills. They resorted to these activities so they could bring in some sort of income and try to make it through the depressional era. ]]> 2022-03-20 01:46:56 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103330744 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103331215 Health care support and availability seemed to become more and more scarce for community members due to the fact that health care was only reserved for only the direst of circumstances during that time of the depression. ]]> 2022-03-20 01:48:23 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103331215 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103332010 Alcoholism increased because people wanted to find an escape to all the negative changes to their new reality of the Great Depression. Americans would even switch to smoking cigar's to cheaper cigarettes because the economic downfall increased prices of cigars making them too expensive to purchase. ]]> 2022-03-20 01:50:37 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103332010 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103332419 In this audio I discuss the difficult demographic trends communities and the world went through as the Great Depression took place. Struggles from marriages, divorces, birth rates and migrations are included in my audio. (short and simple)]]> 2022-03-20 01:51:47 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103332419 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103333869 Before the crash of the depression, people owned a radio. This came in handy during the Great Depression because those that did own a radio were able to listen to the radio for free. This increased the popularity and flourishment of having a radio during this time frame. Even President Roosevelt used the powerful radio technology to publish, "fireside chats", where he could keep the general public informed. ]]> 2022-03-20 01:55:59 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103333869 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103335840 There was a lot to learn in this section about the Great Depression. Think back to what you have learned. Were you able to relate to these communities and families? How do you think you would be able to survive if we went through a depression in today's society? ]]> 2022-03-20 02:00:44 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103335840 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103336134 2022-03-20 02:01:17 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103336134 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103339914 Americans across the globe wanted to create a richer and more equitable society during and after the depression hit them hard. Think back to the, New Deal, from President Roosevelt. With his action to make that deal and put it into action allowed a new standard for how the federal government should respond when a major national emergency occurs. This allowed the United Stated to enter a time of national prosperity that lead to greater income equality. The people of America did not sit around and let the depression to continue but instead they those to respond in an impactful way that transformed America to do better with the economic system.]]> 2022-03-20 02:09:42 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103339914 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103348678 President Roosevelt would reinvent how the nation would handle much of its business by involving the federal government to establish more governing authority. To further this authority the federal government would fund relief, jobs, and infrastructure. This would create a new normal that would incorporate a national retirement system, unemployment insurance, disability benefits, minimum wages and maximum hours, public housing, mortgage protection, electrification of rural American, and the right of industrial labor to bargain collectively through unions. ]]> 2022-03-20 02:33:35 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103348678 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103350078 After the Great Depression president Roosevelt learned a valuable lesson that "to lead, he needed to listen". This is powerful because some people can remain one sided and not open minded to new perspectives and ideas causing the same repeats and no growth. This cause the Democratic politicians and union organizers discovered they needed to shift their focus on real problems that communities faced and listed to what they need. ]]> 2022-03-20 02:37:07 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103350078 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103350820 2022-03-20 02:38:57 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103350820 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103356236 Leave your name and response!(: This is a safe and respectable place to share thoughts and perspectives.]]> 2022-03-20 02:53:28 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103356236 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103362695 Just like many, James Braddock, struggled and fought through this horrific economic downfall. He was a huge inspiration to the community and the world during this time. Braddock was fairly wealthy but when the Great Depression took place he found himself struggling to keep income flowing and providing food and shelter for his family. He took great lengths to try and get any work available that would pay to provide anything to keep his family alive. It became so difficult for Braddock to find work, so much so that, "Braddock had to walk the three miles from his home in Woodcliff to the waterfront, uncertain if there would be work. Exhausted physically and emotionally, he would walk in the early morning darkness to 69th Street in Guttenberg, to the long set of stairs that led to the docks of the Weehawken and Hoboken, and descend to the place where the railroad tracks nearly met the deep-water port" (Schaap, 2005). Keep in mind this journey he took to find work was so harsh with the intense cold weather and the risk of getting robbed by others made the journey more intense. ]]> 2022-03-20 03:09:17 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103362695 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103369215 Braddock would end up fighting in the boxing ring to gain more income to save his family as they struggled to survive day to day. He went from being unemployed for over a year to defeating Max Baer (who killed two people in the ring) for the world heavyweight title. After defeating such an amazing and dangerous boxer, Braddock became the folk hero that the entire nation needed as they all faced struggling times and hardships to survive. Braddock would gain the nickname, Cinderella Man", in the boxing ring because he came from this fairytale story rising from unemployment and being poor to becoming the heavyweight boxing champion of the world.]]> 2022-03-20 03:25:47 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103369215 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103371717 Before Braddock became a fighting sensation in the boxing ring, him and his family struggled to make ends meet during the depression. His family would live on bread and potatoes meanwhile they could not even pay rent for months and months. This forced the Braddock family to move from their already small apartment to a smaller basement that they barely could pay for. Not to mention other necessities such as their milk bill, gas and electric bill went unpaid. This made Braddock's story relatable and inspiring to communities and families all over the world. Just like Braddock, many father's would search the ends of the earth to find work to put food on the table, families would try to pay their bills, families tried to keep warm during the cold months. The inspiration Braddock had to keep fighting and find a way changed the depression for many optimistic people and families. ]]> 2022-03-20 03:30:06 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103371717 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103374254 Here is the trailer to the powerful and hit movie called, "Cinderella Man", that tells the story of James Braddock during the Great Depression and his boxing journey and victories. 

]]> 2022-03-20 03:36:05 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103374254 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103375005 2022-03-20 03:37:48 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103375005 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103375271 2022-03-20 03:38:29 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103375271 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103381741 It is important to share the story of the Great Depression because it was the worst economic struggle in history that last 10 years. This left millions of people in a panic that took 25 years for the situation to recover and communities to get back on their feet. Since this historic event is so important when it comes to economic downfall, as a society today that can change history from occurring like the magnitude of the Great Depression, we can learn the important lessons that came after the depression. Many factors came to play when it comes to the importance of why the depression happened or was a negative impact. Abandonment, high demands of supplies, and unemployment increased the outcomes of the events within the Great Depression. With Americans learning to respond and transform, essentially bounce back, would allow protection of not having such horrible events to the economic and income culture that happened in the depression happen again. Without learning and sharing the story of the Great Depression how can we get younger generations to take economic downfalls seriously or apply value levels of thinking to turn an event like the Great Depression into a turn around event? ]]> 2022-03-20 03:52:54 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103381741 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103382507 2022-03-20 03:55:04 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103382507 algrijal https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103384030 2022-03-20 03:59:14 UTC https://padlet.com/algrijal/jeilc4677ptee4gq/wish/2103384030