The Great Depression Discussion Paper
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The Great Depression Discussion Paper
Great, Depression, Discussion, Paper
Could the Great Depression have been avoided? Why or why not? Has your perception of the Depression changed? Why or why not?(200-300 words)
Remember to respond to two (2) other classmates.
(at least 100 words) Nayelli -The Great Depression could have been avoided. There were more goods being produced than what people could afford. Companies weren’t realizing that an excessive amount was being put out. This amount of products was able to be put out because the stock market prices were high.
No one was worried about the consequences as they were on a high from the end of the war. Prices for these products started to fall, factories were closed, workers relieved. Companies and farmers started to lose money. People were buying products on credit when they didn’t have the money to pay them back later.
So many people got loans and stocks that when the stock market crashed, those loans couldn’t be paid back. The Great Depression could have been avoided if people just looked to the future of things and not the now because the consequences were great but avoidable.
I never really knew why the Great Depression happened. All I knew was that money was laying out everywhere during this time. I knew money meant nothing at this point. But to know that people’s action’s caused it and not just the times I learned that people can be their own downfall.
I also understand why this happened. The war was not a fun experience and to be out of it people just wanted to enjoy the products that were being offered and companies wanted to take advantage of the high after the war. Nobody was really thinking a decade into the future.
(at least 100 words) Zakaria -It was not possible that the Great Depression could have been avoided. First, World War 1 did set the stage for a global economic disaster because of the debts and reparations that it created. Like in the Versailles treaty where Germany had to pay more than 33 billion in reparation for France and Britain. Which led world trade to a halt.
Also, much of the consumption in the 1920s was fueled by credit and installment buying. As it turned out unsustainable. by 1929 commercial bankers were in the unusual position of loaning more money for the stock market and real estate investment than for commercial ventures.
Consumer and business spending came to a halt as people’s investments became worthless and credit became scarce or non-existent. As a result, many employees were laid off. People lost their employment, and as a result, they were unable to keep up with payments on products purchased on installment plans.
Then we have bank failures, as the stock market crash rippled throughout the economy. People lost all their money when the banks crashed. Some people became terrified, resulting in bank runs as people attempted to withdraw their money, forcing more banks to collapse.
If I had to name a single cause of the great depression, it might be America’s banking system.
My perspective of the depression certainly has changed, as I believed that the stock market crash in 1929 is the cause of the Great Depression. Which led me to mistake correlation with cause.
Also, I thought the depression was limited to the U.S, But While the Great Depression began in the United States, it swiftly spread over the world, becoming a worldwide event.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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