The Great depression was a specific time of crisis for America in the early and late 1930's, The Great depression was a time when people in America had little to no money. What caused the great depression was people taking their money out of the stock market which led to it crashing then everyone was trying to get what little money they had left and the banks did not have enough money to give back so banks closed all over America. Many Americans lost their jobs, which led them to lose money, which led to thousands of Americans becoming homeless.
In the Great depression it was extremely difficult to keep a stable job that would provide enough money to keep their families off the streets, so they had to find other opportunities to make money
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A great example of this was written in the story "Digging In" by Robert J. Hastings " We took care of what we had. Every cotton cloth was used over as a dish cloth, wash cloth, dust cloth, shoe-shining cloth, window-washing cloth, to scrub and wax floors, make bandages, make quilt pieces, make kite tails, or to tie boxes and papers together. The cotton bags from flour, salt, and cracked chicken feed were washed, bleached, and cut into dishcloths and towels. Some neighbors made curtains or even dresses from feed sacks" ( Paragraph 11 Hastings) This is an example of how Americans had to reuse there things to keep going. This was important because they couldn't just go out to the supermarket and buy new clothing, bandages, and etc.. Robert said, “Looking back, I find it amazing what we did without... We had no water bill, sewer bill, telephone bill, no car expenses — gasoline, tires, batteries, licenses, insurance, repairs — no laundry service, no dry cleaning (we pressed woolens up with a hot iron and wet cloth), no bank service charge (no bank account), no sales or income tax. We sent no greeting cards except maybe half a dozen at Christmas…” ( Hastings Paragraph 7) This quote is important because its showing all the things they had to go without in the Great depression. Families had to stretch every dollar they had and cut off all
They way people interacted with others changed in the Great Depression. One of the main changes is the way the family was run. During the glutted 1920s, the father is the support of the family while the mother do the housekeeping. When the great depression struck, the men lost their jobs. They can no longer support their families. Because of self pride, many fathers left their families and never came back because felt that they lost their purpose in the
1.The great depression was a time between late 1929 to 1939 and was completely ended during World War Two. It started with a series of events, most famously the Wall Street stock market crash, that induce poverty on the American citizens. It caused the downfall of the US economy.
The Great Depression was a period in United States history when business was poor and many people were out of work. The beginning of the Great Depression in the United States was associated with the stock market crash on October 29, 1929, known as Black Tuesday. Thousands of investors lost large amounts of money and many were wiped out, lost everything. Banks, stores, and factories were closed and left millions of Americans jobless and homeless (Baughman 82).
In the 1930’s many horrible things happened to the economy, and all sorts of people. Many became unemployed and were struggling to get money, food, and other necessary items to survive. All of these items were hard to come by in those days because of the stock market crash. Once the stock market crashed about $140 billion just simply vanished. This caused many immigrants to be sent back home, and the buying and selling of materials very difficult.
During The Great Depression, people had to find ways to save money on even the bare necessities. One example of this was the widespread use of vacant lots, and land provided bythe cities to grow food. Americans now had to live in the manner of their ancestors, making their own clothing, growing their own food, and agai...
The Great Depression was the greatest economic downturn America had ever faced. With the fall of the stock market in one day, the entire country was in chaos. People’s entire life savings as well as plans for the future were destroyed in minutes. This paper will discuss how the Great Depression affected family dynamics and everyday life as the result of economic hardship. Before the Great Depression happened, American family life was very different.
The Great Depression was in no way the only depression the country has ever seen, but it was one of the worst economic downfalls in the United States. As for North America and the United States, the Great Depression was the worst it had ever seen. In addition to North America, the Depression greatly affected Europe and other various countries throughout the world significantly during the 1920’s and 1930’s. The Great Depression was caused by the collapse of the Stock Market, which happened in October of 1929. The crash exhausted about forty percent of the paper values of common stocks. It was the worst depression due to the fact that at the time of the Great Depression the government involvement in the economy was higher than it had ever been. A unique government agency had been set up exclusively to prevent depressions and their related troubles for instance bank panics. All of ...
Most of the teens, affected by the great depression, quit school and couldn’t talk or play with their friends. Instead they were working low paying jobs or taking care of the house while their parents were at work to help with their family’s troubles. Those who were able to talk to friends talked about getting money for food, clothing, and paying bills, rather than other topics. When they talked to adults, they mostly were asking for jobs, money, or food, like when they sent letters to Eleanor Roosevelt for items they needed or money.... ... middle of paper ...
The Great Depression is one of the most well known phenomenons to happen in the U.S. The Great Depression was an economic downfall that lasted 10 years. Leading to more than half the banks in the U.S. to fail. The unemployment rate began to raise dangerously high along with the rate of people becoming homeless. People were frantick but the crash was so large that there was no coming up from it anytime soon.
During the great Depression, many people in the city were unemployed. A third of American farmers lost their land and had to move to city to search for jobs. Many African Americans were unemployed in the south, since white have priority over the job market than African Americans, it’s harder for them to get a job. African American started to move to North to search, but little difference did it make. Many took the position as janitors, street cleaners, and domestic servants. Mexican American and Chinese American were no better off, whites started to take over those jobs for Mexican and Chinese American. Women started to search for jobs as their family needed the money.
The Great Depression was the biggest and longest lasting economic crisis in U.S. history. The Great Depression hit the United States on October 29, 1929 when the stock market crashed. During 1929, everyone was putting in mass amounts of their income into the stock market. For every ten dollars made, four dollars was invested into the stock market, that's forty percent of the individual's income (American Experience). during 1929 the stock market was the best way to make money, most of american population invested in the stock market, and back then the government assured people it was the best time to buy houses since the stock market was booming.
In the late 1920s, numerous banks failed around the nation. This meant that any money families had in the bank, was just lost; all life savings down the drain. Therefore, families had to start saving all over again, during a time when money was scarce in the first place.
The Great Depression was a tragedy that affected a whole nation. Stock values dropped rapidly in the United States and caused people to lose large sums of money. Banks, factories and stores closed and left many people jobless. The banks were lending money to people that didn't have the money to pay them back, which caused the bank to be broke and the people that had money saved into the bank to lose all their savings.
The Great Depression was the deepest and longest-lasting economic downfall in the history of the United Sates. No event has yet to rival The Great Depression to the present day today although we have had recessions in the past, and some economic panics, fears. Thankfully the United States of America has had its shares of experiences from the foundation of this country and throughout its growth many economic crises have occurred. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors ("The Great Depression."). In turn from this single tragic event, numerous amounts of chain reactions occurred.
The Great Depression was a period of first-time decline in economic movement. It occurred between the years 1929 and 1939. It was the worst and longest economic breakdown in history. The Wall Street stock market crash started the Great Depression; it had terrible effects on the country (United States of America). When the stock market started failing many factories closed production of all types of good. Businesses and banks started closing down and farmers fell into bankruptcy. Many people lost everything, their jobs, their savings, and homes. More than thirteen million people were unemployed.