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The Big Picture of the depression


            When speaking of the Great Depression, one will most likely associate this time period with the United States. However, the effects of this tragic event were felt in many other countries, including England, France, and Germany. In all cases the Depression started and ended at similar times. Also the leaders and economist tried to blame others and issued ways to fix it, which were ineffective or counterproductive. In the end it took the start of world war two to finally end the Depression. How the depression effected the whole world is explained in John A. Garraty's article, The Big Picture of the Great Depression. .
             First of all it is easy to say that no one expected The Depression. Economist and world leaders for the most part actually anticipated prosperity. In America the roaring twenties were still fresh on the mind of the citizens and in his campaign speech Hoover " stressed the good times, which, he assured the voters, would continue if he was handling the reigns of government."(168) His opponent Coolidge did the same, but in the end it was the elected Hoover, who when the Depression started was frowned upon for making false promises. Other leaders who also had an optimistic outlook included German chancellor Hermann Muller who spoke of "firm and unshakable condition."(168) England who was just coming out of a time of unemployment was assured by their Prime Minister Ramsay Macdonald that a slump was not in the future. And France's, Andre Tardiue, said the country was planning to work on a national retooling to improve the country. Similar comments were made from a number of statesmen 1928, and 1929. .
             After countries started to plunge into the Depression they had to find someone or something to blame it on. Hoover said that " The Depression was not started in the United States. the prime cause was the world war."(168) He also blamed the Federal Reserve Bank, and the shaky stock market.


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