History

Instructions:

1. Perform an internet search on reliable resources about  one of the following historical events.

A. The Great Depression

B. The Spanish Flu

C. The Holocaust

2. Write an essay that includes the following:

A. Causes of the event

B. Description

C. Consequences

D. What can we learn from this historical event?

Contribute a minimum of 2 pages. It should include at least 2 academic sources, formatted and cited in APA.

Be sure to review the  academic expectations  for your submission.

Submission Instructions:

· Submit your assignment by 11:59 PM Eastern on Sunday.

· Review the rubric to determine how your assignment will be graded.

· Your assignment will be run through Turnitin to check for plagiarism.

Answer: 

The Great Depression

Causes: The Great Depression was a severe worldwide economic depression that lasted from 1929 to 1939. The primary causes of the Great Depression were a combination of economic, financial, and political factors. The stock market crash of 1929, which led to the failure of many banks and the loss of savings for many people, is often cited as the trigger for the Great Depression. Additionally, the economic policies of the 1920s, such as high tariffs and reduced international trade, contributed to the global economic slowdown.

Description: The Great Depression had a profound impact on the global economy and society. Unemployment rates skyrocketed, businesses failed, and millions of people were left without a source of income. People were forced to live in poverty, and the government was unable to provide assistance due to limited resources. Many families were forced to rely on soup kitchens and other forms of charity to survive.

Consequences: The consequences of the Great Depression were far-reaching and long-lasting. The economic hardship led to widespread political and social unrest, including the rise of totalitarian regimes in Europe. The depression also contributed to the outbreak of World War II, as countries sought to protect their economies through aggressive foreign policies.

What can we learn from this historical event? The Great Depression serves as a reminder of the importance of a strong and stable economy and the need for government intervention to address economic crisis. It highlights the dangers of financial speculation and the importance of regulation to prevent economic instability. Additionally, the lessons of the Great Depression continue to inform economic policy and decision-making, helping to prevent future economic crises.

Sources:

  1. Eichengreen, B. (1992). Golden Fetters: The Gold Standard and the Great Depression, 1919-1939. Oxford University Press.
  2. Friedman, M., & Schwartz, A. J. (1963). A Monetary History of the United States, 1867-1960. Princeton University Press.
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