American History Course

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Reflection Paper Since this was my first time taking an American history course it was hard for me to connect to some of the discussions in class Even though I read the materials there were still some things that made my mind wondering However Ms Hoskisson made it easier for the class to understand these confusions She really knew what she s teaching and briefly explained it as simple as possible but without overstating the whole thing From how America was discovered to how it gained its independence from England to establishing its own government to what we currently know the Great America is it was such a knowledgeable and fun experience for my first History class What really resonated in me was how America fell into the Great Depression It s crazy to think that a powerful country such as USA fell economically Due to the aftermath of World War I economy in Europe started lagging behind But what really started the Great Depression was when Germany defaulted on reparation payments to France and Britain which caused a series of misfortunate events France and Britain stopped repaying debts to US Banks On October 1929 US stock markets had crashed What s fascinating was up to 10 Billion was gone in just 5 hours and the economy rapidly declined with each minute that passed away For many years USA suffered in this economic stalemate which meant no jobs or money flowing in the country However when FDR took in command America began to resolve its economy s biggest problem job deficiency By building CCC many Americans not only found a job but also were able to save the earth by reforestation It also helped build lots of infrastructures mountain trails and many more It was as if America was in another Progressive Era This particular historic issue the Great Depression linked well to my finance class Due to the stock market crashing down many of today s rules regarding stock management buying and various bond regulations were shaped in order to avoid another Great Depression Though the country just recently experience an economic downfall which many called the Great Recession where many company fired many employees due to international trade imbalances and banks lending too much money However the Great Recession was in no way half as bad as the Great Depression because America had already made counter measurements if in case another Depression were to happen Usually when these economic problems hit the country Jobs were usually the first one to be affected During the Great Depression and the Great Recession many employees were fired which affected every individual s daily life As a counter measurement if another Depression or Recession hit the country again I need to have a savings that ll let me live a normal life for a few months until I am able to get a job Both issues helped me gained real life understanding of what to do in this period of time


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