Discuss the Causes of the Depression of the 1890s and Its

question 11

Essay

Discuss the causes of the depression of the 1890s and its impact on the nation. Explain and evaluate Grover Cleveland's response to the depression.

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Definitions:

Zeigarnik Effect

The psychological phenomenon where uncompleted or interrupted tasks are remembered better than completed ones.

Intrusive Thoughts

Unwanted thoughts, images, or urges that repeatedly enter a person’s mind, often causing significant anxiety or discomfort.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward, often associated with better long-term outcomes.

Panic Button Effect

The phenomenon where access to a means of getting help in emergency situations (such as a panic button) can notably reduce anxiety and fear.