The Decline of the High Street: Navigating the Complexities of Dissertation Writing

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If the Wall street crash itself did not happen, these things would not have occurred. Scholars can use
them for free to gain inspiration and new creative ideas for their writing assignments. Sales of e-
books increased by 318% in 2010 and many predict that at least 50% of all books sold within 10
years will be digital downloads. According to me, it was the uneven distribution of money that
proved to be the main cause of the Wall Street Crash. This resource hasn't been reviewed yet To
ensure quality for our reviews, only customers who have purchased this resource can review it Report
this resource to let us know if it violates our terms and conditions. The ford car company was one
such industry that prospered during the boom. By continuing we’ll assume you’re on board with our.
In 2006, there were 4495 outlets who held memberships with the Booksellers Association, including
1483 independents. Embed Host your publication on your website or blog with just a few clicks. It
had begun long before and was gradually increasing but took place shortly after the Wall Street
Crash. During 1929 America began to see a tear in the American economy, which led to a big hole,
which in turn lead to the crash. It was directed by Oliver Stone, released during 2010. The World
War I had ended in 1918 and it had not caused America much damage in terms of land, people and
weapons. To examine the extent to which the Wall Street crash caused the Great Depression, it is
necessary to investigate specific effects “that the crash had that subsequently led to the economic
recession” (The Stock). The speculation caused over-confidence in people who thought that the prices
of shares would never fall and they would always gain a profit. America had a high rate of
starvation, homelessness and poverty. People of the middle-class also began investing in the share
market because they had a high income. This may well be a good thing for some as they will
continue to get rich but not for others who will continue to grow poor. Rich industrialists in America
did sustain the depression for some time but after that, they too were forced to do humble jobs such
as selling apples on the street. When the cracks in the US economy began to show, there was a
sudden nervousness in the market because of this and thus people began selling their shares. The
rural farmers, mine workers, black population and the immigrant population were not even touched
by the consequences of the boom. I will also explain how the Wall Street Crash was not the main
cause of the Depression, but how it speeded the whole process of a gradual already existing event
which was going to occur. They invested in any company that they found promising. As a result,
share prices started falling and investors lost interest in companies. Over time stock prices began to
fall, culminating with the massive sell-off that banks were powerless to stop; they could not lend
enough money, causing them to fail. The U. S. economy that had been masked by the boom years of
the 1920s was suddenly revealed and showed individuals not being able to keep up with the
purchasing power as economic failure rose, leading to overproduction in the goods that could not be
bought. No communication by our employees to you should be deemed as personalized financial
advice. Many people thought that they were directly connected. As people had already bought the
goods, there was no need to buy more so there was a less demand and more supply. This led. This
continued in a cycle until the Depression reached its climax. Burger chain Byron said last month it
would close as many as 20 outlets as part of a rescue plan approved by its lenders and landlords.
Just before its collapse, Toys R Us UK faced a looming VAT debt payment deadline of ?15m. As a
result of overproduction, there was not enough wealth for people to keep on buying. Town centres
saw 406 net store closures compared to 209 in the same period last year, research from PwC
compiled by the Local Data Company showed. Following star Ewen MacIntosh's death, a look at
what happened to the cast of the cult hit. Also included at the end is a suggested scaffolding
framework to differentiate the main writing task, if needed. Yet, it may have contributed to the bank
failures in which many people lost everything. Within the country it helped the richer section of
society who bought land and assets because of which the economy would get a boost. Everybody in
America was affected by the depression whether he was initially rich or poor. The giggly conjoined
twins with a passion for fashion, writes CHRISTOPHER STEVENS. However, if the price kept
rising inexplicably because of the demand, it would blow the stock market out of proportion. So in
conclusion we can say if half the population were in depression before the crash and this was
because of the Governments overconfidence, then surely the Wall Street Crash was not the only
cause of depression. Citizens who had brought new homes with their high income or on instalments
were forced out and had to live on the streets. This is a paid advertisement and is neither an offer nor
recommendation to buy or sell any security. Overconfidence led to the government's and the people's
short-sightedness and their complacency. This Princeton Classics edition includes a new preface by
Sugrue, discussing the lasting impact of the postwar transformation on urban America and the
chronic issues leading to Detroit’s bankruptcy. The range of properties in this area command high
prices. Nothing can illustrate the lengths that a person is willing to take just to profit. The depression
had many effects on the American economy. 20,000 businesses went bankrupt in 1932; the
unemployment rate went from 1.5 million to 12.8 million. Many farmers lost land, as they couldn’t
afford the mortgage, due to their income falling by 50%. But Boohoo isn’t interested in owning and
running physical stores, so the number of closures will continue to creep up. Share prices were driven
up due to the high demand. They invested in any company that they found promising. I found that
this study highlighted the environmental quality within the east London areas starting with
Upminster working our way down to Plaistow. In September 1929 large share holders realized that
they weren’t making a profit and that there were problems with the US economy. However, it
became a great advantage in the late 20s and the early 30s when the other countries adapted the same
method too. That period saw a peak of more than 20 store closures a day, falling to 18 a day a year
later and 16 a day in 2014. Sign me up Not today I love books but please don't show me this pop-up
again Skip to the main content Become a Readings Member to make your shopping experience even
easier. Another picture shows that well-to-do people of America were forced to eat in soup kitchens
because they had no money to buy any food for themselves. Many big names have pulled out of the
landmark 1972 building, to be replaced by a series of discount stores such as Poundland. Mass
production meant that goods could be made more quickly in larger amounts. As people had already
bought the goods, there was no need to buy more so there was a less demand and more supply.
This subsequently led to a massive reduction of products produced in the market which eventually
led to workers getting laid off. The winners will be the companies that know what their consumers
want and give it to them, with great service and products they want to buy. The overall condition in
America was bad because the economy had collapsed more than 60% of the population did not have
money for their basic needs. This may well be a good thing for some as they will continue to get rich
but not for others who will continue to grow poor. Financial troubles at chains including Barratts and
Peacocks have forced dozens of shop closures. As a result they were not helped and assured by
European countries with trades. Unemployment was about 6 million in Germany and 3 million in
Britain. The first and most immediate cause of the great depression was the Wall Street crash. Even
raw material industries were affected because of this. The reason for overconfidence is that during
the 1920's the cycle of prosperity was taking place and this created a felling of confidence among
the American people, which encouraged them to spend money on buying goods, and invest in shares.
This was one reason why people who speculated felt that since the companies were not doing well,
they must sell off their shares before the share-prices dropped. However, this was not the case and it
was a cause of overproduction. If there was less production not as many workers were needed so
unemployment rose. GIFs Highlight your latest work via email or social media with custom GIFs.
The Depression was the result and final stage in which the whole of America was dragged into a
Depression. It was a consequence for many long term factors too. Companies were manufacturing
more than they could sell, saying that the stock that was already paid for was not being sold and
companies had to pay to preserve what they had in warehouses. During 1929 America began to see a
tear in the American economy, which led to a big hole, which in turn lead to the crash. Confidence in
the economy was measured by share prices and when individuals wanted to sell shares at any point
in time, the price can fall along with the confidence. Factories were forced to produce fewer goods,
so less workers were needed. The main reason for the economic boom was due to industrialization
and sale of consumer goods. Not content with this, the major chains are conducting a full frontal
assault on market share in countless other sectors. My local shops used to ask me bout my mum and
my school and a whole lot of stuff which made me feel loyal to them. That period saw a peak of
more than 20 store closures a day, falling to 18 a day a year later and 16 a day in 2014. The final
result was that shares collapsed and became worthless because no-one is prepared to buy them. It's
like a masterclass to be explored at your own pace. The main cause of the depression was the
weakness in the economy. Over time stock prices began to fall, culminating with the massive sell-off
that banks were powerless to stop; they could not lend enough money, causing them to fail. The U.
S. economy that had been masked by the boom years of the 1920s was suddenly revealed and
showed individuals not being able to keep up with the purchasing power as economic failure rose,
leading to overproduction in the goods that could not be bought. This was because people who had
borrowed money could not pay it back as they had lost it as share prices dropped, and the banks
who had used customer savings had lost all the customers money in shares and loans too, so even
those innocent people who had not speculated lost all their savings as the banks were unable to pay
them back so even the banks became bankrupt. They made cars using the assembly-line production
and thus the speed increased.
Too many retailers either fail or are unable to adapt. Help Center Here you'll find an answer to your
question. I will be discussing whether is has played a major part in the Great Depression, whether it
was just a minor incident. Toys R Us and Maplin also lost 5,500 jobs between them. So if blaming
the Wall Street Crash for the Depression is too simplistic, then who is to blame. There were many
other important factors which were taking place at the time which had started to put much of
America into a depression already. This policy (Smoot-Hawley Tariff) was increasing the tax on
imports. It’s seen a decline in numbers for the past few years. There was very severe drought in the
1930 in the USA, which impacted America even more. Bundle GCSE English Language Paper 2 -
19th Century Non-Fiction Unseen Bundle A collection of 19th century non-fiction extracts, most
useful for preparing for AQA English Language Paper 2; could also be used for devloping
comprehension skills more generally. Peter Redman Dorchester, Dorset The disastrous steady decline
in our high streets demands radical and immediate action. Rich industrialists in America did sustain
the depression for some time but after that, they too were forced to do humble jobs such as selling
apples on the street. Mass production meant that goods could be made more quickly in larger
amounts. Our customer service team will review your report and will be in touch. ?3.00 (no rating) 0
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what you were looking for. Productivity in industries increased greatly during the roaring twenties.
Everybody in America was affected by the depression whether he was initially rich or poor.
Roosevelt proposed the new deal, which was his plan to get America back on her feet again. They
did not realize that one day if they sold shares, the market would drop steeply. Although some
Americans had bought the consumer goods and did not need any more. Issuu turns PDFs and other
files into interactive flipbooks and engaging content for every channel. The government adapted this
plan so that people do not buy foreign goods that became expensive. By selling shares their value
had been reduced astonishingly. Cash-strapped councils need business rates, but competition from
online shopping means rates and rents are increasingly unaffordable for retailers. As individuals
continued selling their shares, the panic level grew, and this caused prices to fall even further. People
borrowed money from the banks, and when the Wall Street crash happened, they were unable to pay
the banks back. However in October 1929 the stock market reached its peak, before hitting rock
bottom and collapsing. Spending on printed books fell by 4% in August this year, with sales
dropping to a seven-year low for the month, according to sales analysts Neilsen BookScan. Most
people had become poor, even those who were especially rich and those who hadn't taken part in
shares too. This was good for American industries in the short term as they would have more people
buying their own goods.
Speculation means a financial transaction that involves risks but is potentially profitable. Not only
America but even countries such as Germany and Britain faced the slump. Though he's a kind of
entertainer, who will only perform for money, what he chooses to sing to people is intentionally
relevant. He outlined a plan to create the “Harrods of the High Street” and said about 80% of the
stores would remain open. The Wall Street Crash was the main reason Hitler got into power. Do you
agr. The Unwinding moves deftly back and forth through the lives of half a dozen characters,
including Dean Price, the son of tobacco farmers who becomes an evangelist for a new economy in
the rural South; Tammy Thomas, a factory worker in the industrial Midwest trying to survive the
collapse of her city; Jeff Connaughton, a Washington careerist; and Peter Thiel, a Silicon Valley
billionaire. This was when famous author John Steinbeck wrote the book 'The Grapes of Wrath',
which was based on this drought. A near 15% fall in the pound since the Brexit vote has pushed
inflation over 3% - way above the Bank of England's 2% target. Banks that had suffered great losses
due to their involvement in speculation were forced to shut down completely and big businessmen
started calling back for loans they had given to the European countries. Companies were
manufacturing more than they could sell, saying that the stock that was already paid for was not
being sold and companies had to pay to preserve what they had in warehouses. Now days we tend to
eat at different times to others in the house and usually in front of the telly. The Great Depression
was a long gradual period in which America suffered great economic depression, during which
financial activity slowed down and unemployment was high. According to the Dawes’ plan, the
American businessman had given millions of dollars to Germany in 1924. The Wall Street Crash on
the other hand was just a small part of a Depression which already existed (as explained because of
social inequality) The Wall Street Crash forced the Americans into finally seeing what was already
there. We hold no investment licenses and are thus neither licensed nor qualified to provide
investment advice. America had a high rate of starvation, homelessness and poverty. These foods
although edible, do not provide the satisfaction in taste with organic foods that are brought in fresh.
The Americans wanted to make as much money as they could in the stock market. People not having
enough cash led to the underconsumption of goods, thus resulting in more workers getting laid off.
Therefore, this cause plays a key-role in the Wall Street crash and the great depression. This meant
that demand fell, as a result production fell. Too many shops With trading conditions tight, retailers
cannot afford to have underperforming outlets. Nothing can illustrate the lengths that a person is
willing to take just to profit. They would sleep in parks at night or build themselves untidy shanties.
The businessmen and factory owners were confident they would always continue to sell goods so
they were not prepare for what was to come. The fall in demand was a result of the unequal
distribution of wealth. For instance on visiting Wellington Way, which was one of my last places to
visit, this graph will show expensive but badly designed and in poor condition properties. People had
a high rise in income during this period. Overconfidence led to the government's and the people's
short-sightedness and their complacency.