Thursday, May 10, 2012

The New Deal and Eagle Update

The stock market crash of October 1929 was effectively the beginning of a very new and important era for the United States and for the world. The global economic recession that followed was most strongly felt in the United States. By 1932, US industrial output fell 54% and there was 25-30% unemployment. This was partially the result of lack of confidence in the economic and financial institutions of the country. This lack of consumer confidence led to a downward spiral as fewer factory orders were placed and more and more jobs were lost. The Great Depression was a period of introspection and reevaluation for the United States. Due to the strong economic and political ties to the United States after WWI, the European industrial economies also suffered severe problems. It can be argued strongly that the rise of Adolf Hitler was only possible because of the very bleak economic landscape of Germany in the early 1930's. Hitler used rearmament of Germany as a driving force to restart the German economy and by 1936 the economic depression in Germany was effectively over.The situation was more severe in the United States and a very great contributor to the problem was the great drought that created the "Dust Bowl" that extended over a large region of the Great Plains. This forced many agricultural families from their homes and created an even more depressed outlook for the American people. The devastating effects of the Depression were to last until the US joined WWII in 1941. In 1932, Franklin Delano Roosevelt was elected president and he drastically changed the course of US economics and politics by introducing strong government regulation and a package of massive public works projects called the "New Deal". These were meant to re-employ Americans and to build a more modern infrastructure. The previous government policies of laser faire (leaving things as they are or simply leaving things to market forces) were replaced by much more government control and intervention.

The eagles are just sitting in their nest. They are almost old enough to have one and a half feet wings! Spirit is the only one that is asleep and grey. I'm going to miss them when they leave but if i am lucky more eagles will take their nest as their home and have more baby eagles. And if i am really lucky eagles will keep coming to that nest and have lots of babies yay! Remember go to http://www.alcoa.com/locations/usa_davenport/en/info_page/eaglecam.asp

1 comment:

  1. Andrea,

    I don't feel that you really talked a whole lot about the New Deal. You wrote the history that lead to the New Deal but stopped before really writing about it. I also took off for sentence structure and capitalization. (yay! Should be capitalized because it is a sentence by itself.)

    Word count: 415 words
    Score 19/25

    Love mommy

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