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The Great Depression has helped shape the United States to become the way we are today. There are numerous reasons this economic catastrophe happened. The Great Depression lasted from 1929-1939(History.com) President Hoover is widely blamed for this.
Just weeks later, with France in the midst of a Nazi invasion and British forces surrounded at Dunkirk, a decision had to be made: would the British reach a peace settlement with Hitler as suggested by Foreign Secretary Viscount Halifax and Neville Chamberlain, the leader of the Tories, or would the British stand and fight to the death as proposed by Winston Churchill? As we now know, the British decided to go with their new Prime Minister and continued to fight. Prior rips into Chamberlain for his wishes to make a peace settlement when he was Prime Minister, saying that Chamberlain’s belief that the British could reach a negotiated agreement with the Nazis showed an incomprehension of the enemy on Chamberlain’s behalf. Prior goes on to give strong, but fair praise to Churchill for how he handled his first days as Prime Minister. He was constantly being undermined by Halifax, who was working for intervention from the Italians for a peace settlement, even after it was becoming increasingly clear that the Italians would join sides with the Nazis..
As an alternative, he considered methods of protecting American freight without actually arriving at the conclusion of a war. He addressed the situation with a positive attitude and was hopeful that the Germans would reassess the submarine campaign. Ships asked for the naval guard or at least protective weapons for firing at submarines on the surface. The senate never ended up acting on the issue and President Wilson armed the vessels without congressional authorization (Fordham, 301-302). These statements given to the American people add to the credibility of Wilson as a president considering he is still trying to stay neutral in World War I.
Roosevelt set up the Temporary Emergency Relief Administration (TERA) as the governor of New York, right after the stock market crashed in 1929. TERA was a program used to find jobs for the unemployed and in 1932, just 3 years after its start; TERA was helping 1 out of every 10 families in New York (History.com Staff). Roosevelt was reelected as governor of New York in 1930 and in 1932; Franklin Roosevelt was elected as the nation’s 32nd president. By time Roosevelt was inaugurated on March 4, 1933, the Depression had surpassed desperate levels leaving 13 million unemployed. He began his presidency with what he called a "New Deal" and an ambitious first hundred days..
As the United States were planning on how to invade Japan, there had been a lot of controversy between Chairman of the Joint Chiefs Staff Admiral William Leahy, Secretary of War Henry Stimson as to how to attack Japan until Secretary of State James Byrnes brought up the idea of bombing Japan without any warning, shocking Japan into surrendering. According to document A, “Truman believed that it was his duty as president to use every weapon available to save American lives.” The quote from document A shows that Truman had to use anything available in order to save American
Stock Market Failure- Tyler The day the stock markets failed or Black Tuesday, October 29, 1929.
In 1929, the United States stock prices dropped drastically, leaving farmers without farms, banks out of business, and businesses bankrupt. This was the start of the Great Depression. The Great Depression affected the whole country, leaving many unemployed and impoverished. The Depression lasted for a whole decade. In 1932, Franklin D. Roosevelt was elected President of the United States..
During the 20s, which became known at the Roaring 20s, American society was at an all time high and people were prospering as the nation’s wealth almost doubled and American was sent into the modern, consumer age. However following almost directly after the Roaring 20s, America entered a period of economic failure, also known as the Great Depression. During this period, the U.S faced economic, social, and political turmoil. The government and various individuals quickly sought after solutions to address the problems facing America during this time. Herbert Hoover, who was President at the start of the Depression, and his many reforms intended to revitalize the economy and create more jobs but would fail and his belief in rugged individualism,