Causes Of The Great Depression Essay - 453 Words

Causes of the Great Depression Many people think that the Great Depression was caused solely by the stock market crash. Anybody who tells you this probably didn’t pass U.S. History in high school. The fact is, the Great Depression was caused many different factors. Four of which were overproduction, uneven distribution of wealth, protective tariffs, and the four â€Å"sick industries† of the 1920’s. nbsp;nbsp;nbsp;nbsp;nbsp;After World War I, new technological improvements helped factories to produce higher quantities of goods using smaller amounts of employees. Fewer workers meant less money being redistributed to the consumers to purchase products. America didn’t have a necessity for this higher quantity of goods with less people†¦show more content†¦In reaction to this, other nations stopped buying American-made goods and the United States’ economy floundered because of this. nbsp;nbsp;nbsp;nbsp;nbsp;During the 1920’s, four of America’s leading industries began to struggle. First, railroads had difficulties because of the growing competition from cars, trucks, and busses. Second, textiles floundered because of the foreign competition from India, China, Japan, and Latin America. Furthermore, the revolutionary transformation in women clothing reduced the amount of material needed and thus lowered the demand for cloth. Third, the coal mining industry struggled because of competition from cheaper, more widely available resources such as natural gas, oil, and hydroelectric power. Fourth, America’s agriculture industry staggered chiefly from overproduction. Many farmers borrowed money to expand their operations and couldn’t pay back their loans because the prices of crops dropped about 50 percent due to foreign agricultural competition. nbsp;nbsp;nbsp;nbsp;nbsp;In conclusion, the Great Depression can’t be attributed to just one cause. However, among overproduction; uneven distribution of wealth; protective tariffs; and the struggling of America’s leading industries, the largest contributor to causing the depression, in my opinion, was the unequal distribution of income. I believe this because if congress attempted to redistribute money to the consumers, people would have been able to purchaseShow MoreRelatedCauses Of The Great Depression1319 Words   |  6 Pageshaving classic satisfying life concluded when the Great Depression ushered in the negative trend that would impact the U.S. economy in 1929. Therefore, what happened? In this essay, we will discuss what the Great Depression was for the Americans, the causes of the Great Depression, and the U.S.’s recovery from the Great Depression. The Great Depression One of the terrifying times in the U.S. history is the Great Depression. The Great Depression is an economic phenomenon, which according to theRead MoreGreat Depression and Its Causes1256 Words   |  6 PagesThe causes of the Great Depression of the 1920s and 1930s has been argued about for generations. Most people agree on several key topics and that it was the severity and length of time the Depression lasted that was actually the most remarkable. Hoover made many noteworthy attempts to try and solve this crisis, yet in the end it was President Roosevelt and his New Deal, that brought many Americans hope for the future. The first factor in the start of the Depression was the lack of diversityRead MoreCauses of the Great Depression2012 Words   |  9 Pages The causes of the Great Depression in the early 20th century is a matter of active debate between economists. Although the popular belief is that the main cause was the crashing Stock Market in 1929 caused the Great Depression, There were other major economic events that contributed just as much as the crash, such as American’s overextension of credit, an unequal distribution of wealth, over production of goods, and a severe drop in business revenue. As these events transpired the state of economicRead More Causes of the Great Depression Essay1143 Words   |  5 PagesCauses of the Great Depression Throughout the 1920’s, new industries and new methods of production led to prosperity in America. America was able to use its great supply of raw materials to produce steel, chemicals, glass, and machinery that became the foundation of an enormous boom in consumer goods (Samuelson, 2). Many US citizens invested on the stock market, speculating to make a quick profit. This great prosperity ended in October 1929. People began to fear that the boom was going toRead MoreCauses of the Great Depression Essay1108 Words   |  5 PagesThe United States has experienced recessions about every twenty years (give or take) since the beginning of the Industrial Revolution. Nothing that had happened before was quite this serious, chaotic, or as long lasting as the Great Depression. The crash was felt far beyond those on the trading floors. Speculators who borrowed money from the banks to buy their stocks could not repay the loans because they could not sell stocks, because no one else would buy them. This caused many banks to fail,Read MoreCauses of The Great Depression Essay701 Words   |  3 Pages Imagine a society where over 25% of the population was unemployed. That is what it reached during The Great Depression (â€Å"The Great Depression†). During the depression unemployment rates were the highest they have ever been. It is highly speculated to this day on what exactly caused The Great Depression. Most historians agree it was a chain of events, one after another, that brought our country into chaos. Some events were more impactful than others. These events caused pandemonium amongRead MoreEssay on The Causes of the Great Depression697 Words   |  3 PagesThe Causes of The Great Depression History Imagine waking up one morning, only to find out that all your investments and savings are gone. So if your bank that you invested all your money in collapsed, you didn’t get any money back. This is what happened to millions of Americans during the 1930s. This era was called the great depression. The great depression was one of the worst economy issues we have ever had in history. It was a hard time for everyone. The great depression started in 1929Read More The Cause of the Great Depression Essay552 Words   |  3 PagesThe Cause of the Great Depression The economic expansion of the 1920’s, with its increased production of goods and high profits, culminated in immense consumer speculation that collapsed with disastrous results in 1929 causing America’s Great Depression. There were a number or contributing factors to the depression, with the largest and most important one being a general loss of confidence in the American economy. The reason it escalated was a general misunderstanding of recessions byRead MoreCauses Of The Great Depression And The Great Recession2292 Words   |  10 Pages1. Examine the causes of the Great Depression of the 1930s and consider what similarities and differences can be drawn with the problems from the financial and economic crisis which began in 2008. Introduction 2007-2009 in America has often been described as the worst economic crisis since the Great Depression in 1929. There was lots of debate whether the economy was slipping back to double dip recession but there is considerable evidence that the economic crisis in 2008 is worse than the crisisRead MoreCauses of the Great Depression Essay651 Words   |  3 PagesIn the 1920s, American economy had a great time. The vast majority of Americans in 1929 foresaw a continuation of the dizzying economic growth that had taken place in most of the decade. However, the prices of stock crested in early September of 1929. The price of stock fell gradually during most of September and early October. On â€Å"Black Tuesday† 29 October 1929, the stock market fell by forty points. After that, a historically great and long economic depression started and lasted until the start of

What Are the Three Branches of US Government

The United States has three branches of government: the executive, the legislative and the judicial. Each of these branches has a distinct and essential role in the function of the government, and they were established in Articles 1 (legislative), 2 (executive) and 3 (judicial) of the U.S. Constitution. The Executive Branch The executive branch consists of the president, vice president and 15 Cabinet-level departments such as State, Defense, Interior, Transportation, and Education. The primary power of the executive branch rests with the president, who chooses his vice president, and his Cabinet members who head the respective departments. A crucial function of the executive branch is to ensure that laws are carried out and enforced to facilitate such day-to-day responsibilities of the federal government as collecting taxes, safeguarding the homeland and representing the United States political and economic interests around the world. The President The president leads American people and the federal government. He or she also acts as the head of state, and as Commander in Chief of the United States Armed Forces. The president is responsible for formulating the nation’s foreign and domestic policy and for developing the annual federal operating budget with the approval of Congress. The president is freely elected by the people through the Electoral College system. The president serves a four-year term in office and can be elected no more than twice. The Vice President The vice president assists and advises the president, and must be ready at all times to assume the presidency in the event of the president’s death, resignation, or temporary incapacitation. The Vice President also serves as the President of the United States Senate, where he or she casts the deciding vote in the case of a tie. The vice president is elected along with the president as a â€Å"running mate† and can be elected and serve an unlimited number of four-year under multiple presidents. The Cabinet The President’s Cabinet serves as advisors to the president. They include the vice president, the heads of the 15 executive departments, and other high-ranking government officials. Each Cabinet member also holds a spot in the presidential line of succession. After the Vice President, Speaker of the House, and President pro tempore of the Senate, the line of succession continues with the Cabinet offices in the order in which the departments were created. With the exception of the vice president, Cabinet members are nominated by the president and must be approved by a simple majority of the Senate. The Legislative Branch The legislative branch consists of the Senate and the House of Representatives, collectively known as the Congress. There are 100 senators; each state has two. Each state has a different number of representatives, with the number determined by the states population, through a process known as apportionment. At present, there are 435 members of the House. The legislative branch, as a whole, is charged with passing the nations laws and allocating funds for the running of the federal government and providing assistance to the 50 U.S. states. The Judicial Branch The judicial branch consists of the United States Supreme Court and lower federal courts. Under the Supreme Courts constitutional jurisdiction, its primary function is to hear cases that challenge the constitutionality of legislation or require interpretation of that legislation. The U.S. Supreme Court has nine Justices, who are nominated by the president and must be confirmed by a simple majority vote of the Senate. Once appointed, Supreme Court justices serve until they retire, resign, die or are impeached. The lower federal courts also decide cases dealing with the constitutionality of laws, as well as cases involving the laws and treaties of the U.S. ambassadors and public ministers, disputes between two or more states, admiralty law, also known as maritime law, and bankruptcy cases. Decisions of the lower federal courts can be and often are appealed to the U.S. Supreme Court. Checks and Balances Why are there three separate and distinct branches of government, each with a different function? The framers of the Constitution did not wish to return to the totalitarian system of governance imposed on colonial America by the British government. To ensure that no single person or entity had a monopoly on power, the Founding Fathers designed and instituted a system of checks and balances. The presidents power is checked by the Congress, which can refuse to confirm his appointees, for example, and has the power to impeach or remove, a president. Congress may pass laws, but the president has the power to veto them (Congress, in turn, may override a veto). And the Supreme Court can rule on the constitutionality of a law, but Congress, with approval from two-thirds of the states, may amend the Constitution.

Analysis Of Richard Linklater s The Tempest - 896 Words

The nature of discovery, while complex, can lead to a transformative contemplation of new worlds and values concerning both one s self and one s world. It is the personal discoveries and rediscoveries made thorough the reflection of past actions or experiences that allows an individual to ponder their perception of world views and values in a new light. A diary is often used as a means of self-reflection and as a way to record your valued thoughts which overtime can become an expression of inner awareness. Sometimes if re-read, morals and views which had not yet been realised can become prominent in one s life. The play The Tempest written by William Shakespeare encompasses many personal discoveries, which lead to consideration of the authority the characters rightfully possess and the importance of forgiveness and reconciliation in their lives. Similarly the modern film Boyhood directed by Richard Linklater, also explores these ideas, however, they are depicted in relation to growin g from childhood to adulthood and developing an individual ethical compass. In The Tempest, Shakespeare uses Usurpation to critique the characters discoveries of rightful authority according to the hierarchy of Elizabethan society. The audience is positioned to question accepted lines of leadership when Prospero recalls his past and Miranda is manipulated by negative connotation â€Å"sucked my verdure out on t to believe revenge is required for his stolen throne. However, Shakespeare reveals,

International Marketing Common Business Advertisement

Question: Describe about the International Marketing for Common Business Advertisement. Answer: 1: What communication messages about Australia as a tourist destination are most likely to appeal to middle class consumers from Canada? It is very easy to say Canada is very cold that can be tyrant for a person to live for the whole year. However, Australia is comfortable for the people of Canada. Canada mostly have more than 200 days with cold weather and they just hope the condition doesnt get worst. From the recent research it is pointed that the Canada people are choosing Australia as because of the temperature and the scenic beauty (Dominici, 2009). Canadian cannot get the enjoyment of oceans mostly and all the rivers are frozen maximum of the time. White snow and frowzy wind can be monotonous for a person easily here. However, mostly the middle class people are choosing the Australia for their holidays. There are some certain reasons amongst which the equality of economy and the weather difference. Nevertheless, austral has some short of marketing activities in the Canada to introduce the tourism for mainly the middle class people who can easily afford Australia as their tourist destination (Dominici, 2009). Ma king advertisements in the Canadian televisions, creating posters for the tourism Australia, and the most common the advertisement of their new campaign Visit Australia which is getting a huge response from all over the world. Apart from these, Australian tourism has some kind of communication messages which is attracting the community of middle class Canadians. The process of their marketing communication message are: USP: Unique Selling Process is one of the key marketing communication message for the Australian tourism that is playing a great role in choosing the Australia for a tourist spot for the Canadas middle class people (Morgan, Pritchard and Pride, 2004). In this process, the Australia tourism spreads the message that they can offer best to these people which no other can offer, like; the pleasant weather of Australia and the great Indian Ocean and Pacific Ocean. Australia is mainly based on the ocean which is the main tourism spot for any person. Other than Kosciuszko National Park Mountain which can give the best picture of the snow and green mixture (Moscardo and Murphy, 2016). Sharp brand look and feel: Tourism marketing of Australia is very specific and making people attracted towards the Australian geometry. They are very sharp on their marketing strategy to specify their business. Their tourism logos are very much open for everyone that can explain the main attraction (Prior and Beckley, 2007). Marketing Mix Adaptation: Canada is improved by the technology. Thus, Australian tourism industries have decided to send message by the online marketing to the people in Canada. They have updated their marketing processes and gone to the social marketing in the Canada. Thus, they have reached many people and accessed many customer data from the comments and reviews of the customers (Richter, 2002). They are available on the Facebook and also on the Twitter to reach people. Apart from that they have launched their marketing videos on the YouTube for getting more customers. Depending on the above discussion it is clear that tourism industries of Australia are very much active in the Canada to attract more customers. They have adapted many effective communication processes which is effective in this country (Scherer, Sam and Batty, 2005). They have implemented the marketing mix and also have produced the tourism Australia very straight for more understanding of the tourist spots and the benefits of the Australian tourism. They have enriched the joyous among most of the Canadian to come for Australia tour. According to the Australian magazines it is clear that the Canada people are very much interested to visit Australia not only for the tourist spots, but also for the weather which is rare in the Canada (Scherer, Sam and Batty, 2005). 2: Discuss how time orientation affects marketing of sporting events in France as compared to China. Time orientation is one of the most effective player in the marketing process no matter if it is a marketing of business or sports. Time frame sets with three types of orientations like past-orientation like America, future orientation like China and present orientation like France. Marketing is very much dependent on these three orientation (Shanka, Ali-Knight and Pope, 2002). In sports marketing people can get many ideas of new innovations and also the way the sports are changing. If a marketing is past oriented then this marketing process will never improve the marketing process as this marketing process is depending on the past traditions which is very much old. On the other hand if a company is following the present marketing orientation they, they will focus on the present marketing structure which will tell about the current changes in the industry. Differently if a company is future oriented they will focus on how the marketing can be improved according to the future progress of culture (Kotabe, 2014). The marketing process according to the time orientation of France and China are as follow: Effect of time-orientation on France Sports marketing: France is present- Oriented country. The marketing process of this country is also following the present orientation framework. They are focusing on the current progress and situation of the market (Sparks, Bowen and Wildman, 2000). Thus, the current events in the France effects much in the marketing process of sports. Many sports marketing events are focused on the present situations and sports events that can attract people. In this way, they dont bring too much innovation in the marketing process and their sports products. They just follow the present infrastructures and their consequences on the customers. Thus, they dont bring any innovations in the sports industry and as well as in the sports equipment. All the innovations are brought by the countries which are focused in the future- oriented in their marketing process (Van der Westhuyzen and Van der Merwe, 2001). Effect of time-orientation on China Sports marketing: China is undoubtedly focused on their future progress. They are future oriented countries and they are dreaming open- eyed to chase their future progress. They have brought any innovations in their marketing process to improve their products and place their innovations in the world for the first time (Kotabe, 2014). However, this time frame is also imposed on their sports marketing. They are focused to improve their sports equipment and the sports events. They brought many new innovations like; gymnastic equipment and their accessibility for all. Apart from all, China is the only country who can make new sports events in all sports. Their sports marketing events are mostly different from all. China brought visual sports event in the sports industry and have improved this visual promotions with 3D visual effect. With mobile gaming, China has placed on top of every country with their new sports innovations. Thus, China can bring many innovations for their near future games and also for indoor and outdoor games (Kotabe, 2014). Bibliography Kotabe, M. A. (2014). International Marketing (4th Asia-Pacific Ed.). . Australia: Milton, QLD,. Dominici, G. (2009). From Marketing Mix to e-Marketing Mix: a literature overview and classification.IJBM,4(9). https://dx.doi.org/10.5539/ijbm.v4n9p17 Morgan, N., Pritchard, A., Pride, R. (2004).Destination branding. Oxford [England]: Elsevier Butterworth-Heinemann. Moscardo, G. Murphy, L. (2016). Using destination community wellbeing to assess tourist markets: A case study of Magnetic Island, Australia.Journal Of Destination Marketing Management,5(1), 55-64. https://dx.doi.org/10.1016/j.jdmm.2016.01.003 Prior, S. Beckley, L. (2007). Characteristics of Recreational Anglers in the Blackwood Estuary, a Popular Tourist Destination in Southwestern Australia.Tourism In Marine Environments,4(1), 15-28. https://dx.doi.org/10.3727/154427307784835679 Richter, T. (2002).Marketing mix standardisation in international marketing. Frankfurt am Main: Peter Lang. Scherer, J., Sam, M., Batty, R. (2005). Sporting sign wars: advertising and the contested terrain of sporting events and venues.IJSMM,1(1/2), 17. https://dx.doi.org/10.1504/ijsmm.2005.007119 Shanka, T., Ali-Knight, J., Pope, J. (2002). Intrastate Travel Experiences of International Students and Their Perceptions of Western Australia as a Tourist Destination.Tourism And Hospitality Research,3(3), 245-256. https://dx.doi.org/10.1177/146735840200300305 Sparks, B., Bowen, J., Wildman, K. (2000).Restaurants as a contributor to tourist destination attractiveness. Gold Coast, Qld.: CRC Tourism. Van der Westhuyzen, B. Van der Merwe, J. (2001).The marketing mix. Observatory, South Africa: Future Managers.