FDR is regarded as one of the most successful presidents to ever govern the USA. To this day, America is still thankful for his contributions during the depression, and the second world war. He instituted such policies as fireside chats. This humanized the government for the people. They were able to know what Roosevelt was thinking and what was going on in the White House. These worked for moral, and in the long run worked to help everyone feel good about what was going on. If the moral was high, the results were going to be better. Another way FDR got the government involved was his New Deal and Alphabet Agencies. Making work for the unemployed also meant getting government supervision and funding. These worked, and we can still see proof. The government employed these workers, and they have built some of the most impressive structures in America. This both employed the people out of jobs, helping the depression, and benefited America.
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In my opinion, the main reasons for the market crash of '29 were the stock market and overproduction. Everyone got caught up in the stock market, often relying on news and trends to direct their investments. Eventually, everyone was hearing the same news, in turn investing in all of the same things. Therefor, when the bear market came around and all of the blue chip stocks started to fall, everyone lost money, because they all put it in the best stocks. As it was a time of consumerism, overproduction was always a threat. As the 20's continued to get better, more and more was produced. However, eventually they produced too much and there was no one to buy it. Prices fluctuated incredibly and shut the market down.
The roaring 20's, as they were called, was a time for dancing, frolicking, and jazz. The war vets were coming home, the economy was booming, and no-one was without a job. Henry Ford was making cars, enabling people to travel from place to place faster. Louis Armstrong was making jazz, enabling people to dance the Charleston all night long. The Flapper Girls were dressed in their frilly dresses and short hair, as scantily clad as they could be. Charlie Chaplin was starring in the new fad of Silent Films. Everyone would gather in the Movie Halls to watch him and others wheel around camera, without saying a word. This was a big change from the previous decade, where everything was dark and depressing, as men were at war, and those at home were in the factories. But all of these new innovations changed that for the better. It made people more cheery and lively. They danced and sung and drank, instead of worrying and mourning.
Cinderella Man is a movie depicting the roaring 20's and the depression of the 30's. It shows boxer James Braddock as he is successful in the 20's, making money and winning fights, living in a big house. Then as the stock market crashes in 1929, his life is spun upside down. He starts losing fights, losing money and his family moves into a hovel. As the economy begins to recover, so does Braddock. He starts to fight again, eventually becoming a boxing champion and winning his money back. I liked seeing the differences in the lifestyles that only a decade had made. It was interesting to see that as the economy fluctuated, so too did Braddock's career. In a way, his life was a metaphor for the economy of the US in that era. The economy was fighting, and winning, then one bad break and the economy drops. It is at the bottom for a long time, but it gets the opportunity to rise, and it does. It starts fighting again, beating its way through adversaries, and eventually wins.
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AuthorMitchman here. Been writin' blogs and spinnin' cogs since '84. ArchivesCategories |