Saturday, January 30, 2016

Great Depression V.S. Great Recession (for GDP)

It is common that people see both the Great Depression and the Great Recession caused some serious, negative impacts on the American economy and American lives. However, the Great Depression brought out the most terrible economic crisis, that spread rapidly, compared to the Great Recession. The two economic crises were similar in the fact that both caused an enormous downfall in the American Growth Domestic Product (GDP). The graphs of both economic crises would show a dramatic negative slope representing the effects of the economic crises and how drastic the crash represent the people or national economy not making money overall, or barely to sustain the economy. There is however more of a difference between the two economic crises like the hardship of growing the GDP and also the length of how far it went until it stopped falling and long it took for the crash to stop and to rise to back to the last biggest GDP. We can obviously see the Great Depression’s effect on the GDP is way more fatal than the Great recession's in many ways, but the hardship of the Great Depression took a bigger downfall/hit and for a longer time to bring the economy back to normal, which took almost ten years to recover from, where Great Recession only took four years to recover from.

More notes/statistics on both economic crisis:

Great Recession:
  • GDP rose at a 2.1 percent annual rate in the third quarter of 2015 and was 2.2 percent higher than in the same quarter a year ago.
  • This output gap, which is manifested in excess unemployment and idle productive capacity among businesses, is the legacy of the Great Recession.

Great Depression:
  • measured by gross domestic product, sharply declined following the crash on Wall Street—from $103.6 billion in 1929 to $66 billion in 1934.
  • The economic recovery of 1933-1937, among the most dramatic in US history, saw double-digit annual gains, although a tax increase and cutback in government spending in 1937 threw the economy back into recession

Thursday, January 28, 2016

Women in Sports During WWII Essay

I chose to write my essay on the changes that occurred to women's sports teams during World War II. I hope to find a lot of information on how women became more involved in sports because all of the men were at war. Another interesting aspect I am going to research is the difference between how many people followed men's sports versus women's sports at this time. Also, I want to explore questions like how applicable are some of the facts today and how this change affected women's roles in society.

Wednesday, January 20, 2016

No Bad Chicks Allowed

Schechter vs US (1935)

Schechter Poultry Corp. vs United States was a Supreme Court Case involving conflicts with New Deal.

President Franklin Roosevelt, due to the need for reform, worked with Congress, solidly consisting of Democrats, to create economic reform bills for the New Deal.

The Live Poultry Code was a part of the NIRA, or National Industrial Recovery Act.  This bill gave Presidential power for determining norms in businesses such as minimum wages and the maximum hours allowed to work.

The Schechter Poultry Corporation bought live chickens and other poultry from nearby states.  They sold individual, slaughtered poultry that were said to be "bad" or "sick",  bypassing the Poultry acts.

The Supreme Court deemed this act unconstitutional as it was a violation of "separation of powers" as the President's actions were never approved by another branch of the government.

There existed a rumor that in order to get his way, Roosevelt was going to increase the number of Supreme Court members so the vote would go his way.  Understanding the President was infuriated, the 2 swing voters who were the deciding factors voted in favor of President Roosevelt and his New Deal.


Thursday, January 14, 2016

The 1930's :(

On Wednesday (1/13/15) we watched a video and filled out notes on life in the 1930's. Essentially it consisted of a lot of depressing time, what people did to try and cope and like what everyone tried to do to recover. A way some people coped with the depression for a few hours was going to see a movie. Motion pictures were a new thing and for a good .15$ you could get a few hours away from the depressing 1930's and get some good fun. After the movie and the news ended, they had to go back to the depression and back to the sadness. Another way the people coped was the radio, it was like our tv now, they broadcasted movies (just sound) and it kept people happy for as long as it ran for. The depression hit ordinary people extremely hard. Those who worked most likely lost their jobs, and those with families could no longer really provide for them, everything from shelter to food... Banks failed, so everyone lost their money, unless you took your money when their still was money to give out. The people blamed themselves for the depression because they felt like they didn't work hard enough, when in reality it was bound to happen. People moved to Germany because they thought communism sounded cool after they lost all their money... spoiler, it was pretty bad over there too. But President Roosevelt came to the rescue, and loaned out 2 billion to the banks, started making jobs to give the people purpose. But we didn't finish all the documentary... so more to come later!!

Tuesday, January 12, 2016

infographic vance depression

https://magic.piktochart.com/output/10419536-great-depression-vs-recession

Piktochart Infographic

https://magic.piktochart.com/output/10419603-the-great-depression-vs-the-great-recession


Our Infographic shows that both crises were significant for their time and had severe effects on the American people and economy. However we found that the Great Depression was more severe in almost every effect we researched.

Infographic- The Great Depression/Recession

https://magic.piktochart.com/output/10458911-great-depression-vs-great-recession

Within infographic discusses the area of death rate, job rate, unemployment, increase in everyday product either food or essentials and bank failure in both the depression and recession.