American History
The American experience comes alive through writing, outstanding photography & artwork. American History is the leading popular magazine that explores the rich texture of the American experience through engaging writing and outstanding photography and artwork. The magazine’s lively storytelling, thought-provThe causes of the Great Depression were many. In fact, not all historians and economists even agree about them. However, there is no denying that the Great Depression had a huge impact on the United States and the world. It led to a change in the way the federal government assisted US citizens through the implementation of Franklin Roosevelt's New Deal policies. More than this, however, the impact that the Great Depression had around the world led to the rise of extremism in many countries. The most notable example of this was Hitler's rise as the head of the Nazi Party. His economic programs helped pull Germany out of its depression. At the same time, his increased power allowed him to institute his horrible policies against the Jewish people that resulted in the holocaust along with his invasion of many surrounding countries that would lead to World War II. oking essays and more bring America’s past alive in every issue.2. Bank Failures
Throughout the 1930s over 9,000 banks failed. Bank deposits were uninsured and thus as banks failed people simply lost their savings. Surviving banks, unsure of the economic situation and concerned for their own survival, stopped being as willing to create new loans. This exacerbated the situation leading to less and less expenditures. 3. Reduction in Purchasing Across the Board
With the stock market crash and the fears of further economic woes, individuals from all classes stopped purchasing items. This then led to a reduction in the number of items produced and thus a reduction in the workforce. As people lost their jobs, they were unable to keep up with paying for items they had bought through...