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Essay the great depression though most americans are aware of the great depression of 1929, which may well be the most serious problem facing our free enterprise economic system,( ) few know of the many americans who lost their homes, life savings and jobs this paper briefly. Category: the great depression title: the great depression. Julia leone the stock market crash of 1929 set in motion a chain of events that would plunge the united states into a deep depression the great depression. In january 1933, the president of the united states, herbert hoover, in remarks to the conference on the crisis in education, made the following statementread more here. Unit 5: the great depression and the new deal document based question us history ii enr mr bradshaw part a document-based essay question.