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Your goal for this project is to research the effects of the Great Depression on the world’s economy. Typically, when looking at the Great Depression, the focus is on the effects of the United States, but as a leading economic power at the time, the crashing of the American economy had a domino effect on other country’s economies. The scope of your project will be to analyze not only the Gross Domestic Product (GDP) changes of China, the United Kingdom, and America itself but also unemployment rates, national debt, and international trade. The last portion of your paper will be on how America recovered from the Great Depression.
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Introduction—Define what the Great Depression was, what triggered it, how long it lasted, and how the economic concepts of inflation and stocks/bonds apply to what happened. Provide a brief overview of the cascading effects the Great Depression caused beyond just the economic downfall. Research the societal changes and any new laws or regulations that were passed to try to prevent the same event from happening again.
2) China and the Great Depression—When did the Chinese economy first feel the effects of the Americantriggered Great Depression? Include information on China’s change in GDP, unemployment rates, national debt, and effects on its international trade (both import and export). Create an argument on the extent that the Great Depression affected China (barely affected, moderately affected, or strongly affected) based on the change in the numbers you found in your research.
3) The United Kingdom and the Great Depression—When did the British economy first feel the effects of the American-triggered Great Depression? Include information on the United Kingdom’s change in GDP, unemployment rates, national debt, and effects on its international trade (both import and export). Create an argument on the extent that the Great Depression affected the United Kingdom (barely affected, moderately affected, or strongly affected) based on the change in the numbers you found in your research.
4) America and the Great Depression—How was America affected by the Great Depression? Include information on America’s change in GDP, unemployment rates, national debt, and effects on its international trade (both import and export). When did America start to recover from the Great Depression, and what were the changes that brought about this recovery? Cite specific programs, laws, individuals, executive orders, and so on that were primarily responsible.
Use at least 4 sources
Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!
- Understand the Assignment Scope:
- Your goal is to research and analyze the global impact of the Great Depression, focusing on China, the United Kingdom, and America. You’ll need to examine how the Great Depression affected each country’s GDP, unemployment rates, national debt, and international trade. Finally, you will explore how America recovered from the Great Depression, touching on key recovery programs and actions.
- Organize Your Research:
- Introduction: Define the Great Depression, explain its triggers, how long it lasted, and how economic concepts like inflation, stocks, and bonds apply to the event. Provide a brief overview of the societal changes and new laws/regulations that emerged to prevent future economic collapses.
- China’s Impact: Research when China first felt the effects of the Great Depression and how its GDP, unemployment, national debt, and international trade (imports and exports) were affected. Based on the data, determine the extent of the impact on China (barely affected, moderately affected, or strongly affected).
- The United Kingdom’s Impact: Research the UK’s economic changes during the Great Depression. Focus on GDP, unemployment, national debt, and international trade. Assess how strongly the UK was affected by the Great Depression.
- America’s Impact: Examine how America’s economy was affected, including GDP, unemployment, national debt, and international trade. Research how America started to recover, noting key programs, laws, or individuals involved.
- Research and Gather Information:
- Use a variety of credible sources (at least four, as per your requirement). Start with academic papers, historical journals, and trusted online databases such as JSTOR, Google Scholar, and official government sites. You can also consult books on economic history to get deeper insights.
- Find specific economic data on GDP, unemployment, national debt, and trade statistics for China, the United Kingdom, and the United States during the Great Depression.
- Research the New Deal programs, including the Social Security Act, the Civilian Conservation Corps, and others that helped America recover.
- Structure Your Paper:
- Introduction: Define the Great Depression and provide context. Make sure to explain the triggers (like the Stock Market Crash of 1929) and how the crisis spread globally. Briefly mention any societal changes and regulations put in place after the Depression (e.g., the Glass-Steagall Act).
- China and the Great Depression: Provide data and analysis on how China was affected economically, based on your research. Include a discussion on GDP, unemployment, debt, and trade, and argue the extent of the impact.
- The United Kingdom and the Great Depression: Present the economic impact on the UK with a similar approach to China. Analyze changes in economic metrics and argue the extent of the impact.
- America and the Great Depression: Focus in-depth on the effects of the Great Depression on America’s economy. Discuss recovery measures and policies like the New Deal. Mention key figures such as Franklin D. Roosevelt and significant laws like the Banking Act of 1933.
- Conclusion: Summarize the effects on each country and how America managed to recover. Discuss the long-term effects of the Great Depression on global economics.
- Write Your First Draft:
- Begin drafting your paper by expanding on each section, ensuring that your argument is well-supported by research.
- Use the data you’ve gathered for each country to explain the economic conditions and how each country adapted to the depression.
- Ensure your writing flows logically and each section connects smoothly to the next.
- Revise and Edit:
- Review your work for clarity and coherence. Make sure each country’s economic situation is compared accurately.
- Check for factual accuracy, especially when citing GDP, unemployment, and trade statistics.
- Edit for grammar, spelling, and formatting. Ensure proper citations in the required format (APA, MLA, Chicago, etc.).
- Finalize Your Assignment:
- Ensure your paper meets the word count and format requirements. Double-check your sources and citations.
- Add a strong conclusion that ties together the global impact of the Great Depression and America’s recovery efforts.
By following these steps, you’ll be able to structure your paper in a logical, detailed way and tackle the assignment effectively!
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