The Great Depression The Impact to US History - Free Essay Example

Sample details Pages: 6 Words: 1685 Downloads: 10 Date added: 2019/05/16 Category History Essay Level High school Tags: Great Depression Essay Did you like this example? The Great Depression was a period of time marked by economic turmoil and the struggle to find ways to thrive in a society that was quickly deteriorating. The Great Depression created constant hardship and tension that only continued to escalate as the years passed. This turmoil created by the Great Depression began after the stock market crashed in 1929 and there was no end to the devastation until 1939. Don’t waste time! Our writers will create an original "The Great Depression The Impact to US History" essay for you Create order The buildup to the stock market crashing was a like a snowball rolling out of control and many people did not heed the warning. The stock market was constantly rising or dipping low, depending on the days which caused many investors to get nervous and start pulling their money out. Many societies during the Great Depression were left struggling as they tried to overcome this economic catastrophe. This event brought about a great change in many ways both economically and socially. America 1933 by Michael Golay provides an inside look through the eyes of Lorena Hickock who set out to detail the devastation of the Great Depression and its effects. The Great Depression and The New Deal by Kevin Hillstrom explains the background about the stock market crash as well as the impact the New Deal had on the Great Depression. This text analyzes the impact this event had on the economy as well as the impact on American families. The effects of the Great Depression altered peoples belief in the e conomy and dramatically changed how people lived. The Great Depression took an economical and psychological toll on American society while changing the course of history that can still be felt today. The Great Depression was a monumental event that took place and impacted how people lived their lives, and it changed their views on possessions and worth. It was a defining moment in the lives of many Americans whose lives were greatly impacted by this event. The Great Depression made its grand appearance after the stock market crash in 1929. According to History.com, the Great Depression reached a low point when there were 15 million Americans who were unemployed, and many of the banks had crashed (Great Depression 1). The Great Depression occurred as a buildup of many situations that came to a head once the stock market crashed. By the time the 1920s came around, many Americans were buying with credit and putting their money into stocks in the market. In doing so, this plunged many American families into debt they could not get out of. Those who were farmers dealt with prices dropping which influenced them to mechanize their farms, which in turn caused many farms to expand causing them more debt. Farms were often foreclosed upon because of overproduction and low prices (Green 1). There has been a lot of controversy and theories about what caused the Great Depression to occur. According to John Green, the Great Depression occurred because of a weak banking system. While depositors worked on moving their money out before the banks went under, banks called in loans and sold assets which meant credit froze up which destroyed the economy. A frozen credit system meant less money in circulation which led to deflation. Banks werent lending money so employers couldnt borrow it to make payroll to pay workers. More banks were going bankrupt as more workers were unable to purchase the goods services that would keep businesses open (Green 1). This meant that banks had to rely on their own resources and massive unemployment became evident soon after as well as the hardship that followed in trying to recover. The Great Depression was evident throughout history business co llapse and increase in taxes that was felt and made an impact in the lives of many. People were struggling to recover after it ended from unemployment or debt and their faith and trust in the economy was destroyed after the crash. The Great Depression caused a lot of economic turmoil that was felt throughout the country as well as different states in the United States. The impact of the Great Depression on history was major as it led to a deep fear of the stock market as well as how the economy and jobs would hold up after this monumental event ended. People were fearful to invest in stocks after all their work went up in smoke when the stock market crashed. In doing so, the economy put millions of peoples lives in jeopardy as well as leaving many without jobs, or a way to thrive in a failing society. Before the Great Depression, millions of Americans were hopeful about life and everyone was enjoying the freedom. Before the stock market crashed, the energy was positive, and people were hopeful and optimistic for the future. New developments were being made such as the telephone and automobiles as well as having well-paying jobs and living a comfortable lifestyle (Hillstrom 7). With this, we see how people were enjoying life without any worries. They were caught up in the new developments that were occurring, but little did they know how drastically their life was going to change when the Great Depression began. Once the Great Depression hit, unemployment skyrocketed, and businesses soon started going under because they had to lay workers off to try to offset what they lost.tens of thousands of businesses collapsed. Wages in manufacturing industries plunged from $16 billion in 1929 to less than $7.7 billion in 1932. The U.S. Gross National Product, the total dollar value of all goods and services produced for consumption during a given period of time, slumped from $104 billion in 1929 to $41 billion in 1933 (Hillstrom 29). These numbers show just how much the economy took a hit during this time and why so many people were struggling to support their families and keep food on the table. The Great Depression impacted class levels and societies and left a lasting impression on every aspect o f society and humanity. It left behind a path of destruction in its wake in the form of economic hardships, and a society that struggled to rebuild itself after the impact. People were fearful of what their lives would entail, and they wanted answers. There was frustration among the American people because they were struggling to understand why this was happening when they started enjoying life and the new developments. Another drawback from this event that affected both history and the economy was that federal income taxes were increased. The Revenue Act of 1932 doubled normal federal income tax rates for individuals. It also imposed a host of new taxes on the sale of all sorts of goods that were a part of everyday life, from gasoline, tires, and toiletries to electricity and telephone service (Hillstrom 37). Families from all across the United States felt the effects of the Great Depression as they struggled with understanding why this was happening. They were frustrated because they were trying to survive a harsh environment that was relentless is causing havoc and devastation. Adding increased taxes on families who were already struggling left them feeling undervalued and wondering how they would make it through this desolation that was slowly consuming lives. Instead of using the government to help many American families out of their suffering, President Hoover didnt want to have to shoulder th e weight of the relief effort to help those who had fallen victim to the Great Depression.the president convinced Congress to pass a massive increase in taxes so that the federal budget could be balanced. The United States thus imposed major new tax increases at a time when huge numbers of Americans were desperately searching for enough money to keep their homes and feed their families (Hillstrom 37). It was turning both the economy and family lives upside down as farmers struggled with foreclosures, businesses were struggling to find ways to repay their debt, and families were struggling to find ways to keep their homes and keep their families together during this hard time. Farmers largely felt the impact of the economy as they struggled with prices and foreclosures.the dairy regions dairymen were operating at a loss, forced to accept less than the cost of production from the distributors, using up their savings, falling deeper into debt, and facing the loss of their farms (Golay 101). Farmers were forced to take in less than what they could sell their products for because many businesses couldnt afford the prices which hurt farming lifestyles and how they lived. The Great Depression was a monumental event that left its mark on the United States and left its mark on history. This event shows how hard it is for families and society itself to get back on its feet after everything is stripped away from them. It is hard to fathom how such devastation can occur all because people did not listen to warnings about the stock market; thus, causing it to crash which ensued panic and left a major blow in how the economy and American families functioned. History has always been something that has intrigued me because it is interesting to see how much different events can make an impact and how it affects different people. These small factors such as inflation and the stock market crashed was all a big catalyst in causing the Great Depression to occur which influenced how our history was shaped and how we remember the Great Depression today and its effects. We can see the impact on society and how it influenced history following the crash. We are also abl e to understand how this monumental event impacted lives economically and socially. The effects of the Great Depression were felt throughout and the detriment it caused was severe. As a historical event, the Great Depression left a better understanding in history of the economy and how to better prepare ourselves if something drastic like this was to happen again. As we know, this event impacted lives all over the United States from the wealthiest people to the farmers in rural areas. It left a lasting impact on the economy as well as families during this time which took several years to recover from and it is something that is still felt today.

Climate Change Is The Single Biggest Environmental And...

Climate change is the single biggest environmental and humanitarian crisis of our time. Our Earth’s temperature is climbing at an alarming rate. Earth s average temperature has risen by 1.4 °F over the past century, and is projected to rise another 2 to 11.5 °F over the next hundred years. The planet is seeing the devastating effects of a warmer earth; warmer oceans, melting ice caps, and rising sea levels. As these and other changes become more pronounced in the coming decades, they will likely present challenges to our society and our environment. When the sun’s radiation reaches our atmosphere, some is reflected back into space and some passes through and is absorbed by the Earth. This causes the surface of the Earth to warm up. Heat released from the Earth is radiated outward and absorbed by greenhouse gases in the atmosphere. This process prevents heat from disappearing into space and keeps Earth warm enough to sustain life. Some human activities, such as burni ng fossil fuels, intensify the warming effect by releasing additional greenhouse gases into the atmosphere. These gases include carbon dioxide, methane, and nitrous oxide. Carbon dioxide is considered a relatively weak gas; however, so much of it is released that it has the largest impact on the enhanced greenhouse effect. Carbon dioxide is primarily produced by the burning of fossil fuels in cars, power plants, and factories. About three-fourths of the carbon dioxide added to the air comes from burning fossilShow MoreRelatedEnvironmental Issues Of Global Warming1436 Words   |  6 Pagesplanets in the universe that holds enough oxygen and water to support life. Unfortunately, the planet is suffering due to endless amounts of environmental problems which will result in major consequences for daily life. Today; global warming, deforestation and environmental degradation are the biggest issues this planet continues to fight against. 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The Ethics Of Engineering A More Socially - Myassignmenthelp.Com

Question: Discuss aboutThe Ethics Of Engineering A More Socially. Answer: Introduction The failure in engineering ethics can result in industrial accidents, which is hazardous for the human lives. The engineering ethics is a discipline which can apply the moral principles to the practice of engineering. The codes of engineering are applicable to the moral principles and the obligations to the society. The engineers have a commitment for the ethical and professional conduct towards the society. The engineers should have a responsibility of making decisions, which can provide safety, health and the welfare of the public (Burges, 2017). It is also the responsibility of the engineers to safeguard the interest of the public and make them aware of any potential hazard or accident. In this regard, the present report will shed light on the engineering ethics and its role in prevention of accident hazards. Responsibility of Ethics The engineering ethics identifies the engineering professionals should be committed towards the society and they should focus on welfare and progress of the society. The motivation for the engineering profession is to transform the mankind, increase the awareness towards the interest of the society. The engineers should forbid any action, which is hazardous to the environment, life or other rights of the human beings. It is the responsibility of the human beings to maintain the prestige of the profession and maintain a professional demeanor regarding the ability, honesty, and the social good (Han, 2015). The engineer and the employer must focus on improving his knowledge regarding the profession, disseminate his knowledge, share his experience and return the benefits and opportunities to his employer. The engineer should conduct his responsibilities dutifully and provide recognition and material support. Engineering Accidents An accident can be defined as an unwanted and unplanned event. There are several factors, which results in the industrial accidents such as losses, and bodily injury to the people. However, despite efforts from the government and other bodies, these kinds of accidents occur. The accidents in the man-made constructions are caused by the human errors. They usually occur in unsafe environment. All the major causes of industrial accidents can be categorized under unsafe conditions and unsafe acts (Andrews, 2009). The unsafe conditions encompass the conditions such as insufficient workplace lighting, excessive noise, extreme temperature and inadequate protection. The unsafe acts encompass the unsafe acts which results due to employee negligence. Prevention of the industrial accidents The industrial accidents refer to any accident, which occurs in the industrial site during the industrial operations. The primary causes of the industrial accidents are the negligence of the workers, employee fatigue, faulty machinery and improper supervision. The industrial accidents can be controlled by safety training, enforcement of the safety regulations and controlling the production design of the products (Lynch Kline, 2000). The industrial prevention approaches revolve around the safety principles and policies of the organization. The industrial accidents prevention procedures are associated with the safety of the industrial site. If the contractors or subcontractors are not able to enforce the industrial rules, their negligence can result in severe workplace accidents (Ghani, Kamruzaman, Sulaima Othman, 2014). It is challenging for the engineers to prevent the industrial hazards. The terms engineering and the risk goes hand in hand as several risks persist in the construction of the structures, products, processes and the use of materials. The innovation and the invention of new products introduce an additional element of risk as there is lack of information about the operational performance of the new products. The engineers can prevent this risk to a significant extent. In order to ensure an appropriate safety level in the organization, the engineers can adopt several preventive steps. The foremost measure in controlling the industrial accidents is anticipating or predicting all the failure modes which can result in an accident (Harris Jr Pritchard, Rabins, James, Englehardt, 2013). The engineer should consider all the operational experiences evaluating all the causes such as the human or the design errors and considering them in the new product development. The engineers are bound by the laws and the professional ethics to consider the risk in their professional ethics. The engineers should be informed about the risks in the design, follow the risk policies in an organization. It can be critiqued that there is no safe technology regarding the risks and they cannot be completely eliminated. There are chances that different accidents occur; however, they should be covered in an appropriate manner. There should be legal actions which can control the product failures or the flaws in the engineering design. Ethical and Professional Code of Conduct It can be stated that safety is given a prominent place in all the engineering professional codes. It is an important responsibility of the engineers to uphold the safety, health and welfare in the public places. The entire national and the local bodies for the engineering conduct states that the engineers should give the safety, health and welfare of the engineers paramount importance. Most of the engineers should design the engineering structures within the accepted standards of engineering (Schmidt, 2014). In the above case study, there were some issues in the training and development and the security of the organization. If I would have been the engineer, I would have makes additional efforts for training and development of the employees. The engineers should ensure that they design safe, which relate to the public health and welfare. These bodies also instruct the engineers that if their professional judgement states the engineers should not indulge in the circumstances wherein the safety, health, property and the welfare of the public is endangered. Fundamental Principles of Engineering Ethics There are some fundamental principles of engineering ethics, which emphasize on the integrity, honor, and dignity of the engineering profession. It is important that the engineers use their knowledge and skills to enhance the human welfare. The engineers should use the honesty and impartiality while establishing the relations between the employer and the clients (Borenstein, Arkin, 2016). The engineers should strive to enhance the competence and prestige of the engineering profession. Case Study of Engineering Ethics Although the engineering ethics are given the paramount importance in the engineering ethics, there are several incidents in which due to the negligence of the engineers, financial loss and human lives loss. In 2001, the largest oil production sank due to a series of explosions. There were several causes, which lead to the failure such as mixture of a water, which leaked into an emergency drain tank. It was a result of several underlying issues such as compromise in quality as part of cost-cutting, poor design, component failure and the lack of training and communication among the employees. There was a significant role of the failure of the engineering practices in the engineering hazard. The air pressure was very high, which occurred in the inner emergency tank of the organization. The oil workers lacked training to handle the emergency and other issues. The operator does not make the employee familiar with the handling practices, which created challenges in handling the situation. It can be critically analyzed that although efficiency and evaluation of performance has been conducted in the organization. However, it cannot always guarantee the safety and security of the organization and safe operations. Technically, there should a more thorough analysis of the failure modes and identified modifications should be immediately applied to the organization (Kline, 2001). The operating personnel should be trained and they should understand the component, equipment, and they should affect the operations of the industry. In the present case, the engineers should be responsible for maintaining the environment clean with the invention of the new technology. There should be minimal possibilities for the environmental damage and they should find a solution to a social problem with the modern technology. In engineering practices, several situations are encountered, which results in ethical dilemma and confronting situations. Therefore, the ethics in the study of moral issues, which can maintain the operations of the organization engaged in engineering (Ghani, Kamruzaman, Sulaim, Othman 2014). There were several challenges in identifying the relevant information. There is limited information availability on the internet. Moreover, there were issues in the authenticity of the information; therefore, the information is collected from the authentic sources such as journal articles or books. Other than that, there are several other instances such as issues in testing, hazardous waste, government engineers and public safety. The conflicting interest can occur due to several issues such as issues related to engineers and the company owners. Conclusion and Recommendations It can be concluded that the engineering ethics are very important in the maintaining the safety and security of the employees. There are several reasons, which lead to issues in the workplace accidents. The major causes of the workplace hazards are unsafe environment and the unsafe practices. The accidents should be prevented through efficiency and the performance of the engineering practices. In the present case, the engineering hazards can be prevented by the continuous pursuit of the safe operations. There should be appropriate system engineering outlook, which can prevent the engineering failures in the organization (Doorn, 2015). The personnel must be trained to understand the operations and prevent accidental hazards. References Borenstein, J., Arkin, R. (2016). Robotic nudges: the ethics of engineering a more socially just human being.Science and engineering ethics,22(1), 31-46. Burgess, R. (2017). The Different Source of Codes Ethics and the Implications of these Origins.Journal of the Texas Tech University Ethics Center,1(1). Doorn, N. (2015). The blind spot in risk ethics: managing natural hazards.Risk Analysis,35(3), 354-360. Ghani, O. A. A., Kamruzaman, M. Z., Sulaima, M. F., Othman, M. N. (2014). An engineering ethics case study review: petrobras p-36 accident.The International Journal of Engineering and Science,3(6). Han, H. (2015). Virtue ethics, positive psychology, and a new model of science and engineering ethics education.Science and engineering ethics,21(2), 441-460. Harris Jr, C. E., Pritchard, M. S., Rabins, M. J., James, R., Englehardt, E. (2013).Engineering ethics: Concepts and cases. Cengage Learning. Kline, R. R. (2001). Using history and sociology to teach engineering ethics.IEEE Technology and Society Magazine,20(4), 13-20. Lynch, W. T., Kline, R. (2000). Engineering practice and engineering ethics.Science, technology, human values,25(2), 195-225. Andrews, G.C. (2009). Canadian Professional Engineering and Geoscience: Practice and Ethics. Cengage Learning. Schmidt, J. A. (2014). Changing the paradigm for engineering ethics.Science and engineering ethics,20(4), 985-1010.