English Final
Cleppert
greatdepressionwk3ProjectLeppert.pdf
Running head: GREAT DEPRESSION 1
Great Depression
Christopher A Leppert
St Leo University
LBS-498-OL01
Tuesday, July 9, 2019
GREAT DEPRESSION 2
Contents
Executive summary ..................................................................................................................................... 3
Introduction ................................................................................................................................................. 4
Justification of the research ....................................................................................................................... 4
Objectives of the study ................................................................................................................................ 4
Methodology ................................................................................................................................................ 4
Findings and Discussion ............................................................................................................................. 5
New information provided by the new research ...................................................................................... 5
Captions, photos and great quotes............................................................................................................. 5
Conclusion ................................................................................................................................................... 5
Annotated Bibliography ............................................................................................................................. 6
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Executive summary
In about 150 words, a summary of the whole research project is made. It is the presentation
of the whole project from the introduction to a conclusion where main points are highlighted that
best explain the concept of the Great Depression that is discussed in the whole project.
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Introduction
In this session, it will be a great opportunity where I will explain in detail the meaning of
the great depression. It will be an opportunity to relate it with another similar occasion that has
occurred in history. A brief outline of what is expected in the whole research will be detailed in
this particular session.
Justification of the research
It is important to explain why it is important to carry out this project on the great depression.
In most cases, there are gaps that are identified in the previous research and would form the basis
for the research project. However, in this particular case, two principal reasons for this research
project which are social significance and practical.
Objectives of the study
This section addresses the questions that need to be covered in this research plan. Basically,
there are 8 objectives that this research project expects to cover. First, examines the events before
the great depression. Second, examines the event after the great depression. Third, establishes the
causes of the great depression. Fourth, examines how great depression spread. Fifth identify the
physical effects of the great depression. Sixth, investigate the physical effects of the great
depression. Seventh find out the financial effects of the great depression. Lastly, aims to establish
psychological and mental effects of the great depression.
Methodology
In order to address the questions or objectives of the study, data and information will be needed.
This information must be reliable and accurate so that the results of this research projects can be
valid and reliable. Therefore, this session will address type of the information that will be used,
sources of that information, how it will be accessed and what will be used determine if it is
accurate, reliable and authentic.
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Findings and Discussion
The moment the information has been collected guided by the objectives under the study,
reports have to be made of the finding of the research. This is a critical point because it forms the
backbone of the research project. Immediately findings are tabled, the next point will be discussing
the results of the findings. This is basically the explanation of the statement of findings. In other
words, it is converting the raw information into processed on final information. The length and
weight of the discussion are determined by the information that is available and the level of the
understating of the subject matter. However, in this particular case, the discussion will be guided
by the objective questions.
New information provided by the new research
After carrying the research and interacting with large information on the subject matter, it is
expected that new information will be gained. This will be the point of the knowledge and it will
be necessary to make it clear what new information has been provided by the research project and
most specifically from the point of discussion. It is at this analysis is made of the lessons learnt
from the Great Depression.
Captions, photos and great quotes
This will be the part where captions, photos and great quotes during great depression will
be analyzed.
Conclusion
Whatever has the start, always has the ending point. This will be a point where research
project will be summarized and key takes away be highlighted.
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Annotated Bibliography
Cochran. J.P. (2013). America’s Great Depression Quotes of the Week: Bank Failures and Real
Monetary Reform. Mises Institute Australian Economics, Freedom and peace.
https://mises.org/wire/america%E2%80%99s-great-depression-quotes-week-bank-
failures-and-real-monetary-reform
Cochran reports one of the basic factors that contributed to the great depression
which is bank failures and also, this article presents a solution to the bank failures.
Mises Institute Australian Economics, Freedom and peace provide contemporary
new of what is happening and in this case, information that is provided is accurate
and relevant to the subject under study.
Crafts, N., & Fearon, P. (2010). Lessons from the 1930s Great Depression. Oxford Review of
Economic Policy, 26(3), 285-317.
https://academic.oup.com/oxrep/article/26/3/285/374047
Authors in this article, present a detailed analysis of the Great Depression and they
explain the causes of this phenomenon. According to this article, the big lesson that
has been correctly identified is not to be passive in the face of large adverse financial
shocks. To understand the context of the Great Depression, the first thing is to
understand the economic situation of the USA. Between 1924 and 1931 the US was
responsible for about 60 per cent of total international lending. Year-on-year
reduction in imports by the main industrial powers and the collapse of international
lending placed many economies in great difficulty. The article points out that
unemployment was the main effect of the Great Depression in the UK. The article
further and in detail carries the analysis of pre-Great Depression, during and after
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depression hence making it quite resourceful. Nicholas Craft is the lecturer in the
University of Warstick and has done several academic research same cases to
Peterson is a lecturer in the University of Leicester. Therefore they are experienced
authors and they present the subject of the discussion profoundly.
Kelly, E. (2018). 24 Photos Of The Great Depression That Show Our Current Recession Could
Be So Much Worse. Retrieved from https://allthatsinteresting.com/great-depression-
photos#6.
In this article, photos 24 photos of the Great depression are displayed which are very
relevant and they help in making and visualizing the state and condition of the Great
Depression. Through this article, one is able to see the sufferings that people went
through and what was the plight of the people during this period hence making it very
important and crucial article to the subject under this project.
Minnaar, A. (1990). The Effects of the Great Depression (1929–1934) on South African White
Agriculture. South African Journal of Economic History, 5(2), 83-108.
https://www.tandfonline.com/doi/abs/10.1080/20780389.1990.10417176
In this article, it shows how agriculture was negatively affected by the Great
Depression in South Africa. It shows how prices of the agricultural products
increased in 1928 but increased in 1933. It shows that agriculture was adversely
affected and took quite some time to recover. According to this article,
overproduction was one of the causes of the Great Depression. It remains relevant
because it explains the cause of the Great Depression.
Ng, K. H., Agius, M., & Zaman, R. (2013). The global economic crisis: effects on mental health
and what can be done. Journal of the Royal Society of Medicine, 106(6), 211–214.
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Doi:10.1177/0141076813481770.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3705414/
This article is peer-reviewed and this clearly shows that it accurate and of high
quality. It demonstrates how people were mentally affected by the Great Depression.
Authors draw relations of how the events unfolded and connect this to the mental
effects they had on the people. For example, people lost jobs leading to a state of
desperation.
Romer, D.C & Pells., H.R. (2019). Great Depression. Encyclopædia Britannica: Encyclopædia
Britannica, Inc. https://www.britannica.com/event/Great-Depression
Britannica is a trusted new source center. This particular article, tells the history of
the great depression. It points it was the time when most of the macroeconomic
policies were developed to temper down economic downturns. It was a traumatic
period for the USA which led to the collapse of the factories and many people were
impoverished. The article gives the picture of the Great Depression of the 1930s and
clearly shows people’s experiences in this particular period. This makes to be a
reliable source for this project.
Romer., D.C. (2003).Great Depression, Forthcoming in the Encyclopædia Britannica.
https://eml.berkeley.edu/~cromer/Reprints/great_depression.pdf
This is a very important and relevant material for this project. It explains the meaning
of the great depression, cause of the Great Depression-stock market crash, banking
panic and contraction, The gold standard, International lending and trade and also
outlines sources of recovery and economic impact.
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Safety –Security-Crazy.Com. (2010). Great Depression Quotes From 1929-1935.
http://www.safety-security-crazy.com/depression-quotes.html
This is the article that has great quotes were said immediately before the great
depression, during the depression and after depression which is very insightful. Some
of them help to relate the potential cause of the Great Depression and while others
were warning of the impending danger of the coming crisis
Tapia Granados, J. A., & Diez Roux, A. V. (2009). Life and death during the Great Depression.
Proceedings of the National Academy of Sciences of the United States of America,
106(41), 17290–17295. doi:10.1073/pnas.0904491106.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2765209/
First, this is a peer-reviewed article which shows that is authentic and reliable. The
authors have also extensively written other academics work. The article generally
presents some of the effects of the Great Depression which are adverse in this case.
Great Depression was extreme to a point of claiming the lives of the people and this
is relevant because it helps answer the question of the effects of Great depression
where some people were mentally and psychologically affected they learnt that they
have lost their dear ones.
Wheeler, M. (1998). The economics of the great depression.
https://research.upjohn.org/cgi/viewcontent.cgi?referer=https://www.google.com/&
httpsredir=1&article=1192&context=up_press
This article shows how industries, regions and countries were affected by great
depression. It also helps present the monetary policies that were developed during the
Great Depression as well as the lessons that were learnt from the ordeal. It also shows
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that the Great Depression was a historical problem that affected various countries.
The article is a solid source of the information that will be used in this project.
