Saturday, February 16, 2019
The Great Depression in America :: essays research papers fc
October 29th, 1929, a day in autobiography that I will never forget. My name is Bob Bigsby, and I survived The spectacular Depression. My survival was entirely due to two of the hardest working people I have ever met, my mom and pascal. It was just the three of us aliveness in our small two-bedroom house in New York City, right right(prenominal) of Manhattan, home to Wall Street and the New York Stock Exchange. I was 11 years old at the beginning of the Depression old becoming to remember about of the worst sights and experiences I have encountered till this day. sinister Tuesday, October 29th, 1929, was, as I remember, the day that the whole stock market went to funny house (Gupta 17). All the stocks began to plummet at the fastest speeds ever recorded in history. There atomic number 18 many arguments of how and why the stocks did crash on October 29th. I believe that it was due to President Hoover, the current president at the time, tutelage the Federal Reserve from ex panding the money supply while bank panics and billions of dollars in bank deposits were lost (Gupta 19). Basically, the stock markets crashing began a chain reaction, which ended in what we call, The Great Depression (Nelson 1). But the hows and whys are not very important because nobody really understands that economic mumbojumbo that analysts and experts confabulation about. The thing that is important is what went on during the Great Depression after erosive Tuesday. Our family had a small turkey farm that contained about 200 some wild turkeys. It was an ok business before the arrival of Black Tuesday. We had to acquire the feed for the turkeys on credit because we were just getting started with this business and couldnt afford to pay for the feed just yet. It was our job to make the turkeys practiced and plump so that they would attract customers during Thanksgiving. Last year we made a killing off of our turkey sales, we were able to pay off all our debts and still have en ough money for good Christmas presents. My mom and dad were greatly anticipating this years Thanksgiving sale, because we had twice as many turkeys as we did last year. We were only about a month and a half away from Thanksgiving. Spirits were high. I remember just chasing the turkeys in the content without a care in the world.