Research Essay

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timer Asked: Jul 9th, 2018
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Question Description

The research paper is of your choice as long as it covers the period that is being cover in the course. The paper will be 10 pages in length, double spaced, using 12 point font, submitted online. This should be similar to any paper you would write for other classes – including a title page, an introduction, body of text, a conclusion, and references/bibliography. APA or MLA format is acceptable.

Attempt to address the following questions: Comprehensive introduction ( includes who, what, where , and when) with clear thesis statement that answers the question.

  • Why is this person or event important in Modern World History?
  • Does this individual or event represent an aspect that helped shape Modern World History?
  • Would Modern World History be different if not for the actions of this person or the occurrence of the events? (ensure you have a solid conclusion)

Choose from the following topics:

  • The Protestant Reformation
  • The Scientific Revolution and the Enlightenment
  • The Columbian Exchange
  • The Atlantic System and Africa
  • Capitalism and Mercantilism
  • The American, the French, and the Haitian Revolutions
  • The Great War
  • The Great Depression
  • The Rise of Fascism and Nazism
  • The Second World War
  • The Cold War
  • The Fall of Communism
  • The Post-Cold War World
  • Globalization
  • ***** Feel free to combine some topics that go together
  • ****** NO PLAGIARISM

Tutor Answer

Robyn1994
School: Boston College

Attached.

Running head: THE GREAT DEPRESSION

1

The Great Depression
Name
Institution
Date

THE GREAT DEPRESSION

2
Executive Summary

The Great Depression was the most prolific economic downturn that commenced in 1929 and
ended in 1939. It was the lengthiest and severest depression suffered by the industrialized
Western world igniting major changes in economic theory, economic institutions, as well as
macroeconomic policy. Even though the Great Depression started in the United States, it resulted
in severe unemployment, drastic falls in output, as well as acute deflation in most countries
across the globe. Additionally, the social and cultural impacts of the Great Depression were not
less severe more so in America whereby the Great Depression marked the harshest hardship
experienced by Americans after the Civil War (Schultz, 2006). Although the adverse effects of
the Great Depression were experienced between 1929 and 1939, its impacts of the lasted longer
and significantly helped shape modern society. The modern society has learned a lot from the
Great Depression and consequently incurred strict laws and other measures to prevent the
reoccurrence of a similar depression.

THE GREAT DEPRESSION

3
The Great Depression

Introduction
The economic recession began in 1929 causing an economic crisis that was experienced
throughout the world. It began with the collapse of the stock exchange in the United States
financial markets and spread to other sectors such as employment, banking, trade and social life.
As the crisis spread, the growth rates of economy in the globe were slowed down leading to
closure of thousands of factories and corporations (Schultz, 2006). The levels of unemployment
rose very fast and the people began to lean on the government for providence. Since people were
free most of the time, they sought other activities they would be engaged in. some got into music
and it lead to the development of jazz and band music for entertainment and others such as the
African Americans got into sports such as baseball.
The timing as well as the intensity of the Great Depression significantly differed from
one country to another. The Depression was severest in U.S and Europe and milder in Japan and
Latin America (Crafts & Fearon, 2016). The impacts of the Great Depression are depicted in the
table below to demonstrate the peak-to-trough fall in various countries level of industrial
production.
Peak-to-trough decline in industrial production in various countries
(annual data)
country

decline

United States

46.8%

United Kingdom

16.2%

Germany

41.8%

France

31.3%

Italy

33.0%

THE GREAT DEPRESSION

4

Peak-to-trough decline in industrial production in various countries
(annual data)
Japan

8.5%

Canada

42.4%

Belgium

30.6%

The Netherlands

37.4%

Sweden

10.3%

Denmark

16.5%

Poland

46.6%

Czechoslovakia

40.4%

Argentina

17.0%

Brazil

7.0%
Unsurprisingly, the harshest depression in history was caused by a number of

factors. These included decrease in consumer demand, misguided government policies,
and financial panics that resulted in a fall in American economic output. The gold
standard also played a significant role in transmitting the impacts of the American Great
Depression to other countries since it linked all countries across the globe in a web of
fixed currency exchange rates. Consequently, the recovery from the worst depression was
mainly spurred by the desertion of the gold standard as well as succeeding monetary
expansion (Schultz, 2006). The impacts of the Great Depression were profound
comprising of extreme human suffering as well as prominent changes in economic
policy. Almost every country in the world was affected although the magnitude as well as
the dates of the impacts significantly differed from one country to another.
The depression began to be addressed after Franklin D Rooseve...

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Review

Anonymous
Thanks, good work

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