Grapes of Wrath and Its a Wonderful Life :: Economy Great Depression Essays

Grapes of Wrath and Its a Wonderful purportFollowing the relatively prosperous era nicknamed the Roaring Twenties came the owing(p) Depression. Unemployment skyrocketed and good times were hard to be found. In the cinema Its a Wonderful Life - we see the transformation from stability to utter chaos. With humanness War I freshly over, there was joy and celebration to satisfy American boys coming back home. Huge technological improvements and scientific breakthroughs surface the way for larger, more stable and profitable financial markets. Fast and unaccented money was too be made by playing the well-hee guide stock market - many lay men took advantage of these opportunities without having a complete understanding of what exactly they were doing. This inevitably led to the crash that displace America and the world into the Great Depression.In the movie - we see the first-class honours degree stages of the panic that spread throughout the country. People got scared and ran to the bank to take out their life-savings. What they did not understand was that no bank carries totally its customers money at the same time. Profits are made off loans (which happen from money kept in the bank by customers) with interest rates. This is what George Bailey tries to relieve to the people of Bedford Falls, when they come to take their life-savings out of Baileys Building and Loans.However, not everyone was fulfil with George Baileys explanation. They much preferred to have hard cash on them, which led some to turn to Mr. Potter (the stereotypical evil character who represents all that is bad), who offered fifty cents for every dollar. This of course leted Potter to make huge loot out of other peoples loss.Georges institution was unable to match Potter, not alone because he believed it was unethical, but also because they were not a big and sinewy enough institution.Realizing this, Potter tried numerous times during the course of the movie to shut down the Bui ldings and Loans or take it over - to no avail. It was his account to capture a monopolistic market over Bedford Falls that would allow him to charge any rates he wanted and thereby go steady himself a sufficiently large profit. It would also mean the end of a free market in Bedford Falls. A likely byproduct of a monopoly is feudalism, which could have arisen, given half a chance. It was the Bailey bank that always stood in the way of this happening.