Wages increased only slowly, leading to an increase in the use of credit (“Great”)... ... middle of paper ... ...sues (suicide & domestic violence), unemployment, homelessness, and the collapse of the European economy. The Depression resulted in harsh living conditions for many Americans and foreign citizens. Works Cited BATCHELOR, BOB. "Psychological Impact of the Great Depression." Encyclopedia of the Great Depression.
The farmers were careless in their planting of the crop, caring only about profit, and they started plowing grasslands that were not made for planting. Because of their constant plowing year after year and the lack of rainfall, the soil was quickly losing its fertility. With unfertile, dry land, the wheat crop started dying, and then blowing away with wind. Due to the improper farming, along with a long drought, dust storms made life in the Dust Bowl very burdensome. During the 1930's, the Great Plains was plagued with a drought, a long period of dryness, which brought demise to many of the farmers in the region.
American History. ABC-CLIO, 2014. Web. 19 Feb. 2014. Pech, Carol.
The Great Depression was felt worldwide, some countries more than others. During this time many Americans had to live in poor conditions. In the United states, 25 percent of the workers and 37 percent of all nonfarm workers lost their job(Smiley 1). Unemployment rates had increased to a 24.9 percent during 1933(Shmoop 1). Unable to pay mortgages, many families lost their homes.
Another cause to the Great Depression was this newly invented idea of buying on margin, otherwise known as buying on credit. Banks were lending massive amounts of money to people who could not pay the money back. This eventually caused the banks to run out of money and simply fail. Many Americans that bought on credit were forced into foreclosures and repossessions. By 1932, almost 6 million Americans were unemployed and having a hard time finding work.
Economic History, edited by Thomas Riggs, 2nd ed., vol. 1, Gale, 2015, pp. 132-133. U.S. History in Context, link.galegroup.com/apps/doc/CX3611000096/UHIC?u=olat15213&xid=7ad49c26. Accessed 29 Oct. 2017.