Great Depression History

The Great Depression was one of the most trying eras in American history. All aspects of the US were affected. After the stock market crash of 1929, the nation was thrust into a decade of turmoil and change - in government, the economy, and culture. Many of the changes brought about by the Great Depression remain today.

The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. Pain and suffering were widespread.

In history class, we’ve been taught that the Great Depression was all about crashing stock markets, snaking breadlines, and ecological disasters. We learned that FDR tried to put it right with the New Deal, but it was only World War II that finally succeeded in revitalizing the American economy. But that’s not the whole story.

What Can We Learn from the Great Depression? draws on the voices of individual working people to tell the stories left out of standard histories of that era, and helps us imagine how to address our own failed economy, and how to imagine and build movements challenging it that do not themselves replicate racism and patriarchy.

There are many theories as to why the United States and then much of the world entered into a long period of price deflation, high unemployment, and an overall significant economic downturn, which we now call the Great Depression. People always wonder why this horrendous event occurred and there is no simple answer to this question. It was a perfect storm of events that came together and brought about an inevitable plummet in the lives of millions.

Today, in the midst of a new economic crisis and severe political discord, the nature of capitalism in United States is at a crossroads. Since the market crash and Great Recession of 2008, historian Jonathan Levy has been teaching a course to help his students understand everything that had happened to reach that disaster and the current state of the economy, but in doing so he discovered something more fundamental about American history. Now, in an ambitious single-volume history of the United States, he reveals how capitalism in America has evolved through four distinct ages.

The memoirs collected in this book tell of an America where families and neighbors relied on their faith, and came together to help each other survive America's longest and deepest economic depression. These are memories of ordinary Americans of a time now nearly forgotten.

No Ordinary Time describes how the isolationist and divided United States of 1940 was unified under the extraordinary leadership of Franklin Roosevelt to become the preeminent economic and military power in the world.

In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster.

If you want to discover the captivating history of the United States of America, then pay attention....

In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis 10 years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises.

The captivating second volume of this Eleanor Roosevelt biography covers tumultuous era of the Great Depression, the New Deal, and the gathering storms of World War II, the years of the Roosevelts' greatest challenges and finest achievements. In her remarkably engaging narrative, Cook gives us the complete Eleanor Roosevelt - an adventurous, romantic woman, a devoted wife and mother, and a visionary policymaker and social activist who often took unpopular stands, counter to her husband's policies, especially on issues such as racial justice and women's rights.

The New York Times bestselling author of The Greatest Generation tells the inspiring, deeply personal story of his own family's greatest generation: his parents, who embodied the can-do spirit that enabled them to survive the Great Depression and World War II, and to help build the American century.

The New York Times best seller that tells the story of an overheated stock market and the financial disaster that led to the Great Depression of the 1930s. A riveting living history about Black Tuesday, October 29, 1929. Captures the era, the intoxicating expectancy, the hope that ruled men's heart and minds before the bubble burst and the black despair of the decade that followed.

The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America's history.

On October 29, 1929, life in the United States took a turn for the worst. The stock market – the system that controls money in America – plunged to a record low. But this event was only the beginning of many bad years to come. By the early 1930s, one out of three people was not working. People lost their jobs, their houses, or both and ended up in shantytowns called “Hoovervilles”, named for the president at the time of the crash. By 1933, many banks had gone under.

Throughout the 1920s, America's public figures considered a prosperous stock market to be a sign of a prosperous nation. While unemployment slowly rose and production dropped, leaders assured everyone that they should have faith in the economy. Then came the Great Crash on Wall Street. The loss of faith in public institutions devastated Americans ideologically just as it devastated the national economy - the US would never be the same again. This brief introduction paints the picture of life in America on the precipice of the Great Depression.

Taming the Street describes how President Franklin D. Roosevelt battled to regulate Wall Street in the wake of the 1929 stock market crash and the ensuing Great Depression. With deep reporting and vivid storytelling, Diana B. Henriques takes listeners back to a time when America’s financial landscape was a jungle ruled by the titans of vast wealth, largely unrestrained by government. Roosevelt ran for office in 1932 vowing to curb that ruthless capitalism and make the world of finance safer for ordinary savers and investors.

Want the true facts of the '20s, '30s, and '40s? This is not just a book by historians, but by real people who lived in the best of times, the worst of times, and the most tragic times. I assigned my students to interview people who lived through the Great Depression and World War II, and the stories were so incredible, intoxicating, and captivating that I promised them I would write the best US history book using their great grandparents, relatives, and neighbors who lived during those crucial periods of United States history.

In this superb audiobook, Tom Brokaw goes out into America to tell through the stories of individual men and women the story of a generation. America's citizen heroes and heroines who came of age during the Great Depression and the Second World War and went on to build modern America. This generation was united not only by a common purpose, but also by common values- duty, honor, economy, courage, service, love of family and country, and, above all, responsibility for oneself.