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Home > Business & Economics > Economics > Economic History > Lessons from the Great Depression For Dummies
Lessons from the Great Depression For Dummies
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Lessons from the Great Depression For Dummies

An in-depth look at the lessons from one of the worst times in America's financial history

Are you worried about the economy? You're certainly not alone. According to most economists, the turmoil that Americans will face over the next four years will be the roughest financial times since the Great Depression-and many are looking backward to learn how to survive an ongoing and sustained economic downturn.

Lessons from the Great Depression For Dummies takes a historic look at the events and circumstances leading up to the 1929 crash and subsequent depression, then the economic aftermath-particularly the economic response. This book paints a historic picture of those times and examines not only the critical failures that led to a decade of depression, but also the positive and negative aftershocks that created the modern American lifestyle. You'll see how the lessons we learned have shaped today's political and financial landscape-and how they'll continue to be part of the American experience for future generations.

  • Provides information on what was learned from the Great Depression and how those lessons have shaped the economic foundation of modern society
  • Looks at the various factors that combined to create the Great Depression
  • Examines the social and cultural impact that the Depression had on the American people-and how our lives today are very much a product of those factors
  • Steve Wiegand, n award-winning political journalist and history writer, is the also the author of U.S. History for Dummies, 2nd Edition

For anyone looking to understand how the American people survived and emerged from a financial disaster with their heads held high and their spirit intact, Lessons from the Great Depression For Dummies is the ideal resource.



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Title of ebook: Lessons from the Great Depression For Dummies
ISBN: 9780470542323
parent-ISBN: 9780470487488
Publisher: For Dummies
Published: 06-2009
Released online for download: 06-05-2009
Author of eBook: For Dummies

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48-8

Chapter One

It Was a Dark and Stormy Decade

In This Chapter

* Getting into a depression

* Dragging nearly everyone down

* Coping with life on the economy's edges

* Trying to make things better

In August 1928, a few months before winning the U.S. presidency, Republican candidate Herbert Hoover boasted that "we in America are nearer to the final triumph over poverty than ever before in the history of any land."

Boy, was he wrong.

Less than a year after Hoover assumed office, the United States was plunged into the deepest and longest economic recession in its history. It wasn't called the Great Depression for nothing.

This book tells the story of this period in U.S. history (from the end of 1929 to the country's entry into World War II in late 1941) by looking at the different elements that gave the era its shape, as well as some of the lessons and legacies that the era left us. This chapter tells you what those elements are and where to find out more about them.

Before the Beginni ... read full excerpt from: Lessons from the Great Depression For Dummies ebook



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