Freedom from Fear - Essay Example

The depression caused fear among the American people because of the dull economic future presented. The fear came as a result of a market crash that led to economic, political, and social implications. Poverty, unemployment, deflation, minimal profits, and poor personal and economic growth fueled the fear (Bernanke, 2004). The depression signified a time in history where the market dynamics failed to meet the expectations of the American people. The depression trickled down to other parts of the globe causing panic and fear. Furthermore, the depression led to critical, political changes in the United States. This can be explained by the landslide win of Franklin Delano Roosevelt in 1932 (Bernanke, 2000). Lastly, the depression caused increased emigration due to fear and panic experienced by the American people (Bernanke, 2004).