The Worst Effects Of The Depression Essay - 1058 Words

families during the Depression lived in place that were called Hoovervilles. The name â€Å"Hooverville† was given to them because it was named after the president at the beginning of the depression, Herbert Hoover. The camps were named after him because they thought the president was not doing enough to help the people thought that he was not doing what he should to try and stop the depression. The horrible affects of the depression lasted longer because the government was uninvolved. In 1933, a new president came into office, Franklin D. Roosevelt. Franklin D Roosevelt created jobs and did his best to end the depression. One of the worst effects of the depression was that there was not enough public aid but, when FDR became president the public started seeing more help from the government. To make it even harder on families in the depression, over 30 percent of the banks failed. As a result, when the banks closed, it wiped out the life savings of the depositors . Fu rthermore, during the depression there was one of the worst droughts in history, known as the Dust Bowl. The Dust Bowl wiped out millions of crops and led many people to lose everything. To conclude, with such low unemployment rates many people in the depression had very hard life and had to suffer through bleak times. Many think the depression was caused by the stock market crash of 1929, but actually, the depression was mainly caused by underlying problems and an imbalance in the economic structure. InShow MoreRelatedMr. Theisenamarachi Marshall. What Was The Worst Decision1157 Words   |  5 PagesMr. Theisen Amarachi Marshall What was the worst decision Herbert Hoover made that negatively affected the Great Depression? Language and Literature May 4, 2017 Stocks. I read about them every day in the car to my dad because he buys the Wall Street Journal. The newspaper has some interesting topics and it’s not a chore to indulge in as sometimes other newspapers are. 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But In the early 1930 s soil was reduced to dust and eroded, because of drought and improper farming practice. This period of long, stressful farming conditions was known asRead MoreDust Bowl of the 1930s911 Words   |  4 Pagesantagonistic effect on the United States economy that was already plummeting. The Dust Bowl affected the U.S economy in just about every way possible ranging from agriculture to finances including government expenses to population changes. This phenomena can be considered as one of the worst natural disasters that has affected the United States. The â€Å"Dust Bowl† was the name given to the Great Plains region that was greatly affected by drought in the 1930’s during the Great Depression. The major