The Great Depression Of The 1920 S - 1385 Words

Following WW I in the 1920’s, there was a decade of an economical explosion. The post-war era brought about many changes. Businesses showed great profits, migration to big cities of industrial companies occurred with the hopes of making a better life, people were given the opportunity to purchase things on credit, while others borrowed money making poor decisions buying high priced stocks with the intention of selling stocks for a profits to repay lenders. When Black Tuesday occurred on October 29, 1929, this marked the beginning of the Great Depression that left devastating economic hardships for the American people. Although it was always my belief that the stock market crash was the sole contributor of the Great Depression, there was†¦show more content†¦S. and other countries that had industries charged high import taxes on good that were offered for sale. These taxes prevented counties from selling the goods they needed to earn the money to repay loans to the U.S . banks. In a three year period over 9,000 banks went bankrupt or had to close their doors to avoid bankruptcy which led to a decline in purchasing powers. When the banks started failing people lost their saving because the banks were uninsured. The banks weren’t as willing to offer new loans. At the same time this was occurring, there was the distribution of unequal income. Businesses were showing great profits during the 1920‘s, however the working class only got a small portion of this wealth with their low wages. People with low incomes purchased merchandise on credit. People thought that they had more money to spend on materialistic possessions using credit. Advertising increased, enticing people with the â€Å"buy now, pay later† slogan which in turn caused many consumers to accumulate so much debt that were unable to keep up with payments on the items they purchased, and they were repossessed. Once the slowing of manufactured goods occurred, inventory accumulated and there was a backlog of purchasing merchandise which caused even less spending that didn’t help the economy. Another problem contributing to the Depression was the epic drought that occurred in 1930. During WWI, thousands of farmers migrated to the Great Plains area because of its rich

An Introduction to the 5 Scandinavian Countries

The Gap in Social Classes in Detroit - 585 Words

With Detroit being the most segregated city in the country, the center with the richest business industries mixed along with the largest minority middle class anywhere, much controversy is occurring and it is causing many issues to the surrounding metropolitan area. Due to such a large gap in social classes, status frustration has led to a spike in racial tensions causing more crime. Because of this Detroit has become a main focus of many local news reports. Many Detroit residents are becoming upset with the fact that only negative reports have made the front covers of newspapers giving Detroit a false image. This has been proven true with many television shows, movies, and video game images. The previously aired show Detroit 1-8-7, an American crime drama about Detroit’s leading homicide unit, was taken off air because it gave a negative outlook on the Detroit area. The show’s producer, David Zabel stated that even though it was show about crime, there still was an opp ortunity to give the city positive light because of the heroic people that do fight for the city’s justice. After reading many commentaries on this show, the conclusion that the people of Detroit say the people of the city are not as â€Å"mean and violent† as the shows producers make them seem. In 1974, Detroit was given the nickname of â€Å"Murder City† after more than 700 homicides were committed. Since this is such a sensitive subject for Detroit citizens, one of the biggest issues withShow MoreRelatedThe Outsourcing Trickle Essay1237 Words   |  5 Pagesthird-world countries with job opportunities, but the United States’ markets and industries are greatly affected. Outsourcing is harmful to the United States’ economy because it paves the way for job losses, decreases product consumption, and widens the gap between the rich and the poor. 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Can We Talk Researcher Talks About the Role of Communication in Marriages free essay sample

After reading the article, Can we talk? Researcher talks about the role of communication in marriages, I cannot relate with Nara Schoenberg understands of self-disclosure in relationships. I have been married for twelve years but together with my husband for seventeen years. We have a wonderful relationship. We take one day of the week for ourselves. Whether it is go to the supermarket or for diner and a movie, we spend time together and talk about our hopes and dreams with each other. In this article, I found most of the things to be true but not entirely. Schoenberg states men need more affective affirmation more than women do. (Schoenberg, 2011) I feel that men are more of sexual creatures than affection. Affection starts when a man and a woman are children, women always showed affection as a child by playing with dolls and playing like they are the mother and the doll is a child whereas boys are taught to be tough and rough playing with trucks and as boys and girls grow up women are still seeking for that same affection from their boyfriend or husband whereas a man feel more love from a women if he is having sex. We will write a custom essay sample on Can We Talk? Researcher Talks About the Role of Communication in Marriages or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The article also points out many interesting things about communication in a relationship. It is very easy for a relationship to slip especially when children are involved, which can lead to miscommunication in your relationship. Most of the mother’s time is spent with the children and trying to take care of the child’s needs. Your spouse is usually put on the back burner, so to speak. However, even if children are taking up most of your time you should still set aside time for you and your spouse to enjoy each other’s company and expand on each other’s self-disclosure. Communication is the key to a healthy relationship. The better a couple communicates the better their self-disclosure will be. Trusting and showing affection will become much easier if you communicate about everything.