History and Great Depression Impact Experienced United States

History and Great Depression Impact Experienced United States

Great depression is the event of the fall of New York's worst stock exchange, stocks dropped by 85% lasted 10 years, namely from 1929-1939 this was caused by World War 2 which forced Americans to buy war equipment, weapons, and others. In 1929, over the next several years, consumer spending and investment declined, causing a sharp decline in industrial and employment output as companies that failed to fire workers. In 1933, when the Great Depression reached its lowest point, around 15 million Americans were unemployed and nearly half of the country's banks failed. 10 years of American government have fallen and many Americans who are forced to buy on credit fall into debt, and the number of foreclosures and withdrawals continues to increase. Global compliance with the gold standard, which joins countries around the world in fixed currency exchange, helps spread the economic woes of the United States around the world, especially Europe. Despite assurances from President Herbert Hoover and other leaders that the crisis will run, things continue to deteriorate over the next three years. In 1930, 4 million Americans who were looking for a job could not find it, the number increased to 6 million in 1931. At that time America also fully guarded the border to detain American outsiders / immigrants who would enter American territory, restrictions on immigrants entered were carried out on a large scale and until the change of president elected at that time was Franklin D. Roosefevelt (FDR) of the democratic party won the most votes during the new presidential election, and was able to defeat the Republican party. 1933 FDR has a calm energy and optimism mission, famously stating that "the only thing we must fear is fear itself. (Buku Sejarah Amerika; Garis Besar : 274)
 During Roosevelt's first 100 days in office, his government passed a law aimed at stabilizing industrial and agricultural production, creating jobs and encouraging the recovery of all American governments which at that time had improved.In addition, FDR sought to reform the financial system, creating the Federal Deposit Insurance Corporation to protect depositors' accounts and the Securities and Exchange Commission to regulate the stock market and prevent the type of misuse that led to the fall of 1929. New Deal on the Road to Recovery, the New Deal aided by the recovery from the Great Depression is the Tennessee Valley Authority, which builds hydroelectric dams and projects to control floods and provide electricity to the poor Tennessee Valley region, and Administrative Progress, permanent employment programs that employ 8 5 million people from 1935 to 1943. When the Great Depression began, the United States was the only industrial country in the world without some form of unemployment insurance or social security. In 1935, Congress passed the Social Security Act, which for the first time gave Americans unemployment, disability and retirement for old age. After showimg early signs of recovery that began the spiring of 1933, the economy continued to improve over the next three years, where real GDP (adjusted for inflation) grew at an average rate of 9 percent per year. with the improving American change led by Frank D Roosevelt, America did have experienced several events that made it fall but FDR was always convinced to continue to be optimistic about the state of his country that truly became a dark history of the American nation, when it first experienced economic difficulties.(Buku Sejarah Amerika; Garis Besar : 299)
The impact of the great depression experienced by the United States at that time was not just making weakening financial and economic resources in the United States but also Great Depression made Political conditions in Germany at that time uncertain. Government leadership fell because of the lack of majority support in the parliament while on the streets there were frequent fights between unemployed communist supporters and Nazi supporters, the German state was on the verge of civil war. In Japan The Japanese whose agricultural land is limited and the high population are very dependent on the import of rice from other countries and buy it with silk cloth that they produce themselves. The silk fabric industry was the largest industry in Japan at the time. As a result of the global economic recession at that time the price of silk fabric dropped sharply to the lowest point, Japan had difficulty buying food and its people began to suffer from hunger. The Japanese began to glance at the mainland of Asia (China) for them to master in order to get new agricultural land to feed the population. And a great war must be carried out by the nation in its survival. It can be said that the era of the Great Depression was a time when the wheel of the economy almost stopped (bankruptcy) which hit all corners of the world, especially in America and this event would be one of the triggers of a major war in Europe,will spread global.( http://perangdunia-2.blogspot.com/2013/12/depresi-besar-great-depression.html?m  )

Great depression in America at that time did make money and the state of America chaotic, but if the major depression happened again in the current era led by the President Trump, how can trump and the American people face the great depression, and what is certain if the great depression of America again there will be an impact that we will feel will get worse in the war situation in the United States of America alone the rupiah can freefall, and if America experiences depression again it is not just the rupiah that will go down but the Indonesian and world political systems will be disrupted, maybe there will be more world war 3 caused by the great depression again. as the world knows that trump values something with money, then what if the big country he leads experiences another economic chaos.