Friday, January 31, 2020

Medicine is the biggest epidemic in our time’ was Ivan Illich a prophet or a rumor monger Essay Example for Free

Medicine is the biggest epidemic in our time’ was Ivan Illich a prophet or a rumor monger Essay Ivan Illich was an Austrian philosopher, very popular for his of contribution of theories on the concept of medicalization. He has published many books on medicalization and has presented to a wider public the notion of iatrogenic disease. Medicine is a major therapy tool in social life and without proper medication human life could be highly constrained by many diseases surrounding it. Ivan Illich has had a contribution in the field of medicalization as a philosopher by constructing theories that various medics have followed in their practice. Iatrogenesis is a term that is used to refer an illness that come from medical activity and outweighs any positive benefit of medicine. Iatrogenesis was introduced into social science by Illich. According to Illich, iatrogenesis had adverse effects on the industrial society as it enhanced the corruption, incapacitated individuals and limited freedom in an industrial set up. Illich outlined three major types of iatrogenesis, these are; clinical, social and cultural iatrogenesis. Illich has theorized various ideas in medicalization and society. This essay will point out some theories that highlight whether Illich was a prophet or a rumormonger in society and show some evidence based on his approaches in medicalization. The essay will as well focus on the notion of iatrogenesis and statistics that has been conducted in the UK based on statistics. Finally, the essay will show some assumptions of Illich on medicalization and also how iatrogenesis can be prevented in society. According to statistics in the UK, it indicates that the estimation of 215,000 deaths every year have been caused by iatrogenic, whereby cancer and the heart disease are seen to be causing more deaths in every year(Shaffer, Philips, Enzer, 2009, p.241). Iatrogenic effects in several cases are fully defined and can be recognized easily, for instance those complications that need a surgical procedure. However, the less obvious complications need significant investigation to recognize, such as difficult drug interactions. Ivan Illich who was a researcher and a multilingual prolific writer on issues related to society and medicine attributed his concepts of medicalization and proposed his views towards the modern medicine in the society. Illich argued that the notion of medicine had deprived individuals and society of their capacity to cope with sickness and death (Basford, Lynn Oliver Slevin, 2003, p.122). Therefore, based on Illich, iatrogenesis cannot be understood unless it is seen specifically medical manifestation of particular counter productivity. Illich therefore points out main three levels of iatrogenesis. The first level is the clinical iatrogenesis, this whereby the injury is depicted to the patients by unproductive, toxic and insecure treatment to the patients. The second level is the social iatrogenesis, which comes as a result of medicalization of life, and thirdly cultural iatrogenesis, which comes as a result of the destruction of traditional ways of dealing with and making sense of death, pain and illness. Based on the evidence in his works of medicine described for over twenty years, it is noted that Illich was not a rumormonger, but a philosophical prophet, based on his predictions and research on the concept of iatrogenesis. Ivan Illich has traced contemporary idea of the issue of epidemic in the societal context and this notion has greatly focused on the main assumptions that lead to that epidemic. Based on his ideas, he argued on the progressing views on medicine, there is an empowerment model that has evolved out of the realization of epidemic and, therefore, patients cannot be forced to follow a lifestyle dictated by others towards the problem of medicalization. Based on Ivan Illichs theories on his perspectives towards natural health, medicine undermines health of individuals not only based directly on aggression, but also over the impact of its social organization on the milieu. On that context, when the medical damage to the health of an individual is produced based on the sociopolitical mode of transmission. Thus, according to Illich, social iatrogenesis is designated in all impairments on regard to health that specifically to those socio-economic revolutions which have been made pretty, probable, or essential by the formal shape health care has taken (Kazer, 2008, p.209). Thus, based on his views towards the medicalization, the assumptions that erupt prevail that Illich was one person in the society who was seen as a prophet. Most people considered his ideas more especially his aspects on the iatrogenesis and through his open minded on the society, they regard his views to be those of a prophet. The iatrogenic death has become the third leading cause of death in the UK, surpassing the death by stroke. Based on different sources indicate that, between 200,000 and 250, 000 people are reported to die each year from Adverse Drug Reactions (ADR) in the hospital setting (Kazer, 2008, p.289). On the same note, it is seen that deaths by ADRs kills over five times as the illegal combined in every year and that is the most conservative estimate that is outlined. Thus, the prescription drug Vioxx kills an estimate of 60,00 people by cardiac arrest alone and this figure does not reflect and account for any other fatal side effects such as the internal bleeding. In most cases, medicine undermines health and this is not only based on direct aggression against individuals but it has also an impact on the social organization on the total milieu. Therefore, medical damage to the individual health is enacted by the social iatrogenesis. This defines all the deficiencies that subdue to health a nd are due precisely to those socio-economic revolutions that have been made impressive, possible by the established shape health care. Iatrogenesis has many dimensions as per Ivan Illich’s concept. The undesirable side-effects of approved, mistaken, callous or contra-indicated technical contacts with the medical system represent only first level of pathogenic medicine. The belief of people that they cannot cope with illness without modern medicines reinforces and lays the ground for iatrogenesis by surrendering themselves to the doctors. According to Illich, he illustrates that the social iatrogenesis is not yet acknowledged as a collective etiology of sickness. He outlines that the diagnosis often serves as a means of turning political grievances besides the stress of growth into needs for more remedies that are just more of its expensive and demanding outputs, the industrial system would lose one of its major defenses. On the same note, responsiveness of the extent to which iatrogenic ill health is politically-communicated would shake the basics of medical power much more deeply than any catalogue of medicines technical faults. Based on this fact, his works and ideas portray the assumption of his research and these shows that he was not a rumourmonger but can be seen as a prophet in several aspects since his predictions indicated the notion of reality. Iatrogenesis designates a condition of illness, disease, injury or hostile health brought upon a patient as an indirect or direct result of medical diagnosis or cure. Therefore, when iatrogenesis gets into pain, there are numerous common varieties of iatrogenesis, that subsidize to the on-set of symptoms, as well as the dissemination and worsening of existing conditions. Acute postoperative pain is followed by insistent pain in 10-50% of individuals after mutual operations, such as breast and thoracic surgery, groin hernia repair, and coronary artery bypass surgery leg amputation (Gould, Brooker Gould, 2008, p.167). Iatrogenic complications are very common most people who are affected are the elderly than the young patients. These complications include the adverse effects as the interactions, falls, nosocomial infections, Pressure ulcers and other relevant complications to surgery, however, prevention is often possible, (Odea Erikson, 2010, p.341). For example, the large percentage t hat is affected is the men. The statistics indicate that women live longer than women, however, the spend most of their lives with different disparities. The smoking rates between women in UK were slightly low compared to men, thus women smoke 25.1% while men 31.2%. The initial step in stoppage is to categorize patients at high risk in order to know the way forward in which to help that particular individual. Risk factors may include the following. Prevention is the most crucial factor and determining the effective way to prevent such assumption is to overlook on that factors that contribute to such infections. After full recognition of that factors, focusing on the proper measures that should be taken into consideration to avoid those elements that affect the situation (Miller, 2013, p.178). Thus, interventions that can prevent iatrogenic complications may include the following: addressing proper medication to the patient by relying on primary evidence. In conclusion, Illich can be considered a prophet and not a rumourmonger. A prophet according to religion is a person who can tell about the future. This declaration has evolved from a number of his assumptions on medicine and his approaches towards the medicalization that are entirely based on his research of over twenty years. For instance, in UK there are several individuals who die of diseases linked to the effect of iatrogenesis in every year. This aspect is seen to affect the elderly people more than the young. Illichs views on medicalization are shown to be very significant to the society as they enlightened individuals to be aware of some aspects that lead to iatrogenesis. With the evidence on health system, his philosophies are examined to be very significant in society since they mainly focused on the main areas that analyze medicalization. His predictions in several aspects support his research on the health systems in society and this fully defines him as a prophet. It ha s been documented that no substantial addition to life expectancy or the quality of life critically ill patients has been achieved by high tech cost medical technology. As a contrast, there are many medical interventions, which are simple, cheap and often without any need of medicine yet are quite effective. However, such simple remedies are often neglect or ignored altogether. medicalization encourages our dependence on professional care, and on medical drugs. References Basford, L. Oliver S. 2003. Theory and Practice of Nursing: An Integrated Approach to Patient Care. Cheltenham, U.K: Nelson Thornes. Gould, D., Brooker, C., Gould, D. 2008. Infection prevention and control: applied microbiology for healthcare. Basingstoke [England], Palgrave Macmillan. Kazer, M. W. 2008. Essentials of gerontological nursing. New York, Springer. Miller, A. B. 2013. Epidemiologic studies in cancer prevention and screening. New York, NY, Springer. ODea, J. A., Eriksen, M. P. 2010.Childhood obesity prevention: international research, controversies, and interventions. Oxford [U.K], Oxford University Press. Shaffer, D., Philips, I., Enzer, N. B. 2009.Prevention of mental disorders, alcohol, and other drug use in children and adolescents. Rockville, Md. (5600 Fishers Lane, Rockville 20857), The Office. Source document

Thursday, January 23, 2020

A Critique of Thank You for Smoking? :: Critical Essays

A Critique of â€Å"Thank You for Smoking†¦?† Peter Brimelow’s â€Å"Thank You for Smoking†¦?† had me interested from the title alone. This essay lists a few of the benefits that can occur from smoking. Bimelow is aware of the many dangers of smoking as he acknowledges â€Å"the Environmental Protection Agency has claimed that ‘second hand smoke’ is a significant risk for nonsmokers and the Food & Drug Administration is making noises about regulating nicotine as a drug† (The Genre of Argument 141). Brimelow’s essay gives some reasons why and how smoking can be beneficial in some small ways. The message Brimelow is trying to get out is that, â€Å"smoking might be, in some small ways, good for you† (141). Brimelow uses words and phrases such as â€Å"might be† and â€Å"some† to narrow down his major claim. Brimelow’s major claim that smoking can be healthy in some ways. In some studies, certain cancers have been shown to appear less in sm okers than nonsmokers. This leads us to believe that smoking may be beneficial in some ways. I think this essay is successful because of the evidence presented along with the narrow major claim. The author’s purpose in this essay is to show how smoking can be beneficial in some ways. Brimelow presents his credibility with studies from the International Journal of Epidemiology, New England Journal of Medicine, and Journal of the American Medical Association (Brimelow 142). He notes that smoking can both calm and stimulate people. Smoking has been shown to calm people while driving if they take long puffs. Smoking has also been shown to stimulate if taken in quick, short puffs. Brimelow reiterates this by telling us that â€Å"Current understanding is that nicotine is ‘amphoteric’ –that is, it can act to counter both conditions, depending on how it is consumed† (142). This is a reason how smoking can be beneficial. I would not think smoking could be beneficial in any way. However, Brimelow achieved his purpose in this essay and may have changed my mind. He used reliable resources for his evidence with studies that astonished me. I did not know some studies have shown some cancers to occur 50% less in smokers than nonsmokers. He gives a valid argument with these studies along with a theoretical example which I am still thinking about. A Critique of Thank You for Smoking? :: Critical Essays A Critique of â€Å"Thank You for Smoking†¦?† Peter Brimelow’s â€Å"Thank You for Smoking†¦?† had me interested from the title alone. This essay lists a few of the benefits that can occur from smoking. Bimelow is aware of the many dangers of smoking as he acknowledges â€Å"the Environmental Protection Agency has claimed that ‘second hand smoke’ is a significant risk for nonsmokers and the Food & Drug Administration is making noises about regulating nicotine as a drug† (The Genre of Argument 141). Brimelow’s essay gives some reasons why and how smoking can be beneficial in some small ways. The message Brimelow is trying to get out is that, â€Å"smoking might be, in some small ways, good for you† (141). Brimelow uses words and phrases such as â€Å"might be† and â€Å"some† to narrow down his major claim. Brimelow’s major claim that smoking can be healthy in some ways. In some studies, certain cancers have been shown to appear less in sm okers than nonsmokers. This leads us to believe that smoking may be beneficial in some ways. I think this essay is successful because of the evidence presented along with the narrow major claim. The author’s purpose in this essay is to show how smoking can be beneficial in some ways. Brimelow presents his credibility with studies from the International Journal of Epidemiology, New England Journal of Medicine, and Journal of the American Medical Association (Brimelow 142). He notes that smoking can both calm and stimulate people. Smoking has been shown to calm people while driving if they take long puffs. Smoking has also been shown to stimulate if taken in quick, short puffs. Brimelow reiterates this by telling us that â€Å"Current understanding is that nicotine is ‘amphoteric’ –that is, it can act to counter both conditions, depending on how it is consumed† (142). This is a reason how smoking can be beneficial. I would not think smoking could be beneficial in any way. However, Brimelow achieved his purpose in this essay and may have changed my mind. He used reliable resources for his evidence with studies that astonished me. I did not know some studies have shown some cancers to occur 50% less in smokers than nonsmokers. He gives a valid argument with these studies along with a theoretical example which I am still thinking about.

Wednesday, January 15, 2020

Lincoln: the Great Emancipator Essay

Until it was abolished in 1865, slavery thrived in the United States since the nation’s beginnings in the colony of Jamestown in 1607. In 1776, the founding fathers stated that â€Å"all men are created equal† when they declared independence and started a war that freed the 13 colonies from the oppressive rule of Great Britain. However, after â€Å"the land of the free† had been established, slavery had yet to be eliminated. After the war of 1812, sectionalism began to grow prevalent in America. The Industrial Revolution in the early to mid-1800s advanced the country technologically while further dividing it as the North became industrialized and the South became more agrarian and reliant on slave labor. Sectionalism was increased by westward expansion, and began to manifest itself in American politics. The country could have gone to war by the early 1800s, but various political compromises held the two sections together for another half of a century. The Missouri Compromise of 1820 and the Compromise of 1850 are two important examples. Tensions built over the 40 years of compromise. Abolitionists worked to gain support in the North while they caused outrage in the South. In the government, everything had to be compromised and everything was a competition, such as legislature and westward expansion. Fortunately, when sectionalism and tensions around slavery boiled over, Abraham Lincoln came to the forefront of US politics. He created a reputation for himself and the Republican Party with a political platform against the expansion of slavery. He became known in the South as an abolitionist through the Lincoln-Douglas debates, and his election in 1860 sparked the secession of 11 southern states from the Union and the beginning of the Civil War. Abraham Lincoln was the most important contributor to ending slavery in America because of his actions toward winning the Civil War and emancipating the slaves, and he was able to do this because he was an extraordinary politician who handled the circumstances as nobody else could have managed. Abraham Lincoln’s ability as a politician was crucial in his role as commander-in-chief of the US army during the Civil War, because to end slavery, Lincoln knew he had to win the war. The first thing Lincoln did as president, in his Inaugural Address, was try to calm the frantic South, re-stating that he had â€Å"no purpose, directly or indirectly, to interfere with the institution of slavery where it exists,† (Halsall). Lincoln’s  primary goal was to preserve the Union. As he put it, â€Å"If I could save the union without freeing any slave, I would do it,† (Majerol, 25-26). He needed the support for the war from the Northern citizens, many of whom were not abolitionists. Lincoln was faced with another difficult issue throughout the Civil War. Four states—Missouri, Kentucky, Maryland, and Delaware—held slaves but remained in the Union. If Lincoln waged a war that strongly opposed slavery, he risked losing those Border States to the Confederacy, which would probably cost him the war. Another issue that Lincoln had to deal with over the course of the war was incompetent generals. Lincoln discharged many of his generals throughout the war, which made it difficult to carry out his plans. In a telegram to General McClellan, Lincoln urged him to attack Lee â€Å"The present hesitation to move upon an entrenched enemy is but the story of Manassas repeated,† but McClellan ignored the order (Ayers et. al, 369). It was not until Lincoln appointed Ulysses S. Grant commander of all Union armies that he started having consistent success. If Lincoln had not been elected president, slavery may have continued for much longer in America. Besides the fact that Lincoln, as commander-in-chief, lead the Union Army to win the Civil War, the many proposed compromises in 1860 and 1861 might have allowed slavery to continue in America, such as the Crittenden Compromise. Another important way that Lincoln’s skill as a politician benefited the Union was his treatment of the Confederacy. Lincoln reasoned that since it is unconstitutional to secede from the Union, the Confederacy and its government was illegitimate, and Lincoln’s administration refused to recognize the Confederacy’s independence. This became important later in the war when other nations refused to recognize the Confederacy’s independence. When the time was right, Abraham Lincoln masterfully changed the ideology of the war to focus on slavery, and he used the slaves themselves as a powerful force in the war and on the home front. Lincoln did this through the First and Second Confiscation Acts, the Emancipation Proclamation, and his Second Inaugural Address. Early in the war, three slaves escaped to the Union Army, raising the question of what to do with fugitive slaves. Under the Fugitive Slave Act, they had to be returned to their owners in the Confederacy. However, Lincoln adopted an ingenious policy of taking slaves as â€Å"contraband  of war,† treating them as property as the Confederacy did. Lincoln went on to sign the First Confiscation Act in August 1861, which emancipated slaves that escaped to Union lines. In July 1862, Lincoln signed the Second Confiscation Act, which essentially gave him the authority to emancipate the slaves in Confederate territory (on the grounds that they helped the war effort and were contraband). This legislation helped the Union Army greatly. Over 190,000 soldiers, sailors, and workers came to the Union Army from the Confederacy (McPherson, 193), and at the end of the war, African Americans made up 20 percent of the Union Army (Majerol, 26). The escaped slaves also influenced soldiers in the army who now â€Å"were talking with real men and women who had been (and perhaps still were) slaves,† (Goodheart, 15). However, a vastly more important document was the Emancipation Proclamation. Lincoln drafted the document in July 1862 and showed it to his cabinet. William Seward reminded him of the importance of timing, so Lincoln waited until the army won the Battle of Antietam to issue the Proclamation. In a letter Lincoln wrote in 1864, he stated â€Å"when, early in the war, Gen. Fremont attempted military emancipation, I forbade it, because I did not then think it in indispensable necessity.† Lincoln then cites two more examples of him holding off efforts at emancipation (Fehrenbacher, 257). When it was issued on January 1, 1863, the Emancipation Proclamation was a turning point in the ideology of the war. It took a war that had been officially about preserving the Union and made it about ending slavery. The Emancipation Proclamation was a bold move for Lincoln to make because of the pro-slavery Border States. Lincoln had made â€Å"earnest, and successive appeals† there for compensated emancipation, but was rejected (Fehrenbacher, 257). He then had to make a choice between â€Å"surrendering the Union† or â€Å"laying a strong hand upon the colored element,† hoping to outweigh losses with benefits (Fehrenbacher, 258). Over a year later, Lincoln said he felt no losses, and a gain of 130,000 soldiers, seamen, and laborers. Lincoln certainly had good timing when he issued the Emancipation Proclamation. Britain and France were coming closer to aiding the Confederacy, and in Britain’s case, they only wanted the Confederacy to win one more battle to prove that they were on the winning side of the war. Antietam was a terrible loss for the South, and Lincoln’s Emancipation Proclamation prevented Britain and France from aiding the Confederacy because they both had  anti-slavery governments, and the war was now about slavery. The Emancipation Proclamation was a wise move for Lincoln as an abolitionist, because it allowed blacks to fight in the military, which might lead to citizenship and the right to vote for blacks (â€Å"Civil War Black Soldiers†). Lastly, Lincoln focused public attention on the issue of slavery in his Second Inaugural Address, reminding the people know what their brothers were fighting for. Abraham Lincoln’s most important quality was that he was a great politician, which allowed him to manage the difficult situations put before him in order to provide actual results that ultimately ended slavery in America. Among these results were Union victory in the Civil War, the Emancipation Proclamation, the First and Second Confiscation Acts, the Gettysburg Address, and the Thirteenth Amendment. The Union victory in the Civil War is a simple fact, but it was the most indispensable step to the end of slavery in America. Ending slavery meant nothing if the Union did not win the war and control the South again. Additionally, without a war in the first place, slavery might not have ended. It is possible that a compromise could have held the divided nation together without putting an end to slavery. Lincoln’s talent as a politician was also crucial in the Emancipation Proclamation when he released it in time to prevent any foreign nations from intervening and aiding the Confederacy. Lincoln showed his skill as a politician in the Lincoln-Douglass debates, when he took a careful stance on slavery that he thought would best suit the needs of the nation at the time. Lincoln was constantly stressing that he was not an abolitionist, and it was ridiculous to assume that â€Å"Just because I do not want a negro woman for a slave I must necessarily want her for a wife,† (Fehrenbacher, 106). Lincoln proved himself when he ran against Douglas in the presidential election of 1860 and won. Lincoln orchestrated the defeat of the Confederacy and the end of slavery using his political position as president and commander-in-chief, and his cunning as a politician to influence the people of America. It could be argued that the slaves played a more vital role in securing their freedom than Abraham Lincoln did. The slaves had influential leaders such as Harriet Tubman and Frederick Douglass. The Underground Railroad  freed hundreds of slaves, and it was led by a former slave, Harriet Tubman. Frederick Douglass wrote a book about his life as a slave which influenced public views of slavery in the North. He also published an abolitionist newspaper, the North Star. He also showed people that slaves were treated like animals and stripped of the quality that defines humans: independent thought. â€Å"these words sank deep into my heart, stirred up sentiments within that lay slumbering, and called to existence an entirely new train of thought,† (Douglass, 20). He told about how he was like other slaves until he learned to read and write, and became a human who was able to create his own destiny. These contributed to raising tensions and starting war, which was a necessary evil for slavery to be abolished and the Union to remain whole. These contributions also put pressure on the government to oppose slavery. Moreover, the 190,000 soldiers, sailors, and laborers who escaped slavery and came to the Union Army contributed greatly to the war effort, fighting valiantly and supporting the Army off the battlefield as well. By the end of the war, these soldiers made up 20 percent of the Union army, as well as influencing public opinion in the North. These were valuable aids to the end of slavery in America, and without them, slavery might not have ended in 1865. However, they are insubstantial compared to the contributions of Abraham Lincoln. First, the emancipation of nearly 200,000 slaves happened because Lincoln had not issued the Emancipation Proclamation and the First and Second Confiscation Acts. He transformed the ideology of a nation when he directed the war at slavery. In comparison with Lincoln’s monumental tasks, the contributions of slaves are insignificant. In conclusion, Abraham Lincoln was a more important constituent in ending Slavery in America than the slaves themselves because of his contributions as Commander-in-chief to win the Civil War and emancipate the slaves, and he was able to do this because he was an outstanding politician who handled the circumstances with unparalleled capability. Lincoln dealt with the difficult issue of fighting a war in which he could not make many bold decisions for fear of the Border States seceding, and he applied his ability as a politician to lead the Union to victory. Lincoln faced another difficult  issue of how to treat escaped slaves during the war, and altered the entire ideology of the war so that the focus was slavery. He did this with his First and Second Confiscation Acts and, most importantly, a well-timed Emancipation Proclamation. Lastly, Lincoln’s capability as a politician led to concrete actions he took towards ending slavery, including the Emancipation Proclamation, the Thirteenth Amendment, and of course, winning the Civil War, the element without which the end of slavery in America might not have been possible. Lincoln influenced the history of America and (unintentionally) became a martyr. Today, racial discrimination does not exist in US legislation and America is constantly getting closer to complete racial equality. Works Cited Ayers, Edward L., Jesus F. De la Teja, Deborah G. White, and Robert D. Schulzinger. American anthem. Ed. Sam Wineburg. Orlando. Fla.: Holt, Rinehart, and Winston, 2009. â€Å"Civil War Black Soldiers.† , Black Soldiers, Robert Gould Shaw, 54th Massachusetts. 2007. Civil War Academy. 24 Jan. 2013 . Douglass, Frederick. Narrative of the life of Frederick Douglass. New York: Dover Publications, 1995. Fehrenbacher, Don E. Abraham Lincoln. Stanford: Stanford UP, 1964. Goodheart, Adam. â€Å"How Slavery Really Ended in America.† New York Times 3 Oct. 2011: 12-15. Halsall, Paul. â€Å"Internet History Sourcebooks.† Internet History Sourcebooks. July 1998. Fordham University. 24 Jan. 2013 . Majerol, Veronica. â€Å"The Emancipation Proclamation.† The New York Times Upfront 7 Jan. 2013: 24-27. McPherson, James. â€Å"Who Freed the Slaves?† Drawn With the Sword: Reflections on the American Civil War. 1996. 192-207.

Monday, January 6, 2020

The Economics Of The Great Depression - 1684 Words

The Economics of the Great Depression The Great Depression, often acknowledged with the Stock Market Crash of 1929, but something that is so much more than that, was a decade of economic turmoil. The Great Depression lasted from 1929-1939 consuming a long grueling decade, and as defined by The History Channel, it â€Å"was the deepest and longest lasting economic downturn in the history of the western industrialized world† kicked into fast forward by the Stock Market Crash in the fall of 1929. During the fall of 1929, Wall Street was forced into a panic, causing unforeseeable effects to the United States stock market. Following in the crash, consumer spending and investments declined, resulting in a dramatic decline of the output of industries, which came hand in hand with the spike in unemployment as these industries continued downward employees began suffering the consequences and being laid off. Preceding the stock market crash, according to Hyperhistory.com, during the time period of May of 1928 and September 1929, the â€Å"average price of stocks will rise 40 percent. The boom is largely artificial.† This is important because America had entered a recession, similar to what the United States recently went through between 2007-2009, during the summer of 1929. The price of stocks rising 40 percent causing the prices to reach a price level that according to The History Channel, â€Å"could not be justified by anticipated future earnings†. People were spending far out of their means.Show MoreRelatedThe Great Depression And Economic Depression Essay3400 Words   |  14 PagesSummary The Great Depression was an economic depreciation in Europe, North America and other industrialized areas globally that commenced in 1929 and endured until about 1939. The depression stirred severe effects in the U.S.A that left its economy on the brink of a downfall. The research investigates the causes and reasons that influenced the great recession in the United States of America. The causes comprise of the hazardous decline of the Stock Market in that occurred in 1929 which sent theRead MoreThe Great Depression And Economic Depression1803 Words   |  8 Pages â€Å"The Great Depression† The Great Depression may be known to the world as the toughest economic period of the industrialized world that brought severe consequences to a vast number of countries in the west. It began six months earlier in the United States in1929 after the stock markets in the New York Stock Exchange collapsed, and it dragged on until 1939; in fact, historians describe it as the worst economic depression of all time given its scope and impact. Specifically, the effects of the GreatRead MoreThe Great Depression And Economic Depression1802 Words   |  8 Pages The Great Depression was a worldwide economic depression that took place during the 1930s. 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Finally, thereRead MoreThe Great Depression : Economic Growth And Prosperity1438 Words   |  6 PagesAmerican history, the Great Depression ranks second as the longest and most severe crisis ever experienced only dislodged from the first position by the Civil War. The Great Depression marked a period of economic downturn that resulted in severe declines in output, acute deflation, financial insecurity and severe unemployment rates. This was a sharp contrast from the early 1920’s when the country was experiencing a period of tremendous economic growth and prosper ity. The Great Depression was brought aboutRead MoreThe Great Depression Caused The Economic Crisis784 Words   |  4 PagesDuring 1930s, the Great Depression caused the economic turmoil and had an impact on the unemployment, and the poverty among elderly. This created sense of insecurity over future among the citizen of the U.S. and government. There were several advocates, who passionately campaign for national pension plan such as Huey Long proposed Share our Health Plan, and Dr. Francis Townsend proposed the old age revolving plan. Although, Townsend proposal of providing $200/month to 60 years and older was a failureRead MoreThe Great Depression : The Worst Economic Slump1427 Words   |  6 PagesThe great Depression was the worst economic slump in US history, beginning in 1929 it lasted almost a decade. Leuchtenburg suggests â€Å"there was no single cause of the Great crash and ensuing depression†, however the most influential reasons for the Great depression was a c ulmination between the unequal distribution of income and the extensive speculation of the 1920s. Underlining these two dominant influences was the republican government practises of the 1920’s under Harding, Coolidge and Hoover