key term - The great depression

Definition

The Great Depression was a severe worldwide economic downturn that lasted from 1929 to the late 1930s, characterized by a dramatic decline in industrial output, mass unemployment, and widespread poverty. This period not only reshaped economies but also had profound effects on literature, art, and culture, as artists and writers responded to the struggles of everyday people and the existential crises of the time.

5 Must Know Facts For Your Next Test

1. The Great Depression began with the Stock Market Crash of October 1929, which wiped out millions of investors and triggered a chain reaction of economic collapse.
2. Unemployment rates soared during the Great Depression, peaking at around 25% in the United States, leading to widespread poverty and hardship for families across the nation.
3. Literature from this period often reflected themes of despair, resilience, and social critique, with authors like John Steinbeck capturing the struggles of ordinary people through works such as 'The Grapes of Wrath'.
4. The New Deal brought significant changes to American society by expanding the role of government in the economy and implementing measures aimed at providing relief and recovery.
5. The Great Depression had global ramifications, affecting economies around the world and contributing to political instability in various countries, which set the stage for future conflicts.

Review Questions

• How did the Great Depression influence literature during the interwar period?
  • The Great Depression significantly influenced literature during the interwar period by inspiring writers to address themes of economic hardship, social injustice, and human resilience. Authors like John Steinbeck used their works to highlight the struggles faced by everyday people, showcasing their plight in a changing world. This literary response served as a reflection of societal anxieties and a way for writers to connect with their audience's experiences.
• What role did the New Deal play in shaping American society during the Great Depression?
  • The New Deal played a crucial role in shaping American society during the Great Depression by introducing a range of programs aimed at economic recovery and social welfare. These initiatives not only provided immediate relief for those suffering from unemployment and poverty but also redefined the relationship between citizens and government. The policies enacted under the New Deal created jobs, improved infrastructure, and laid the groundwork for future social safety nets, ultimately transforming American society.
• Evaluate the long-term cultural impacts of the Great Depression on literature and art in subsequent decades.
  • The cultural impacts of the Great Depression on literature and art extended far beyond the 1930s, influencing generations of creators who grappled with themes of alienation, loss, and social justice. The stark realities depicted in works from this era informed later movements like realism and modernism, encouraging artists to address contemporary issues through their work. The legacy of this period is evident in how literature continues to explore economic disparities and human struggles, demonstrating that art is often a reflection of societal challenges.

Related terms

Stock Market Crash of 1929: The sudden and dramatic decline in stock prices that marked the beginning of the Great Depression, leading to widespread financial panic and economic turmoil.

New Deal: A series of programs and reforms introduced by President Franklin D. Roosevelt aimed at recovering the economy during the Great Depression through job creation, social welfare, and financial regulations.

Dust Bowl: A severe drought that affected the American Midwest during the 1930s, exacerbating the economic struggles of farmers and contributing to mass migration and social unrest.