The Great Depression was an economical crash in 1929 that devastated everything from family life, agriculture and business (https://en.wikipedia.org/wiki/Great Depression). It ruined thousands of lives and decimated millions of others. The Great Depression was the longest and worst economic depression in the United States’ history.
When the Great Depression struck millions were affected by it. When it came to family life, to say they struggled is an understatement. Along with businesses, homes where degraded to almost nothing and with the desperation of the people inside them, things weren’t much better. People where scouring every nook and cranny to at least find a penny. The wages where so low a penny was worth much more than they are today(https://en.wikipedia.org/wiki/Great_Depression). People were willing to do almost anything to get their hands on some form of payment. Most were selling everything they owned to be able to survive
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With money hard to come by, they were not selling the fruits of their labor (www.history.http://www.history.com/topics/great-depressioncom/topics/great-depression). Thankfully they had food to eat, but without purchases of their crops, the supplies they were going to need for the next harvest were non-existent. This cycle them trickled down to the starving public. Around the early 1930’s severe drought and devastating wind storms known as the dust bowl rushed into the Great Plains region and caused a wide spread massacre of plants and farms, crippling most food resources (www.history.http://www.history.com/topics/great-depressioncom/topics/great-depression). It is a wonder we ever recovered from the grips of the dust
During the great depression, the United States faced one of the hardest economic crises the nation has ever seen. Before this, the economy was rapidly expanding, and people all over the country were investing in the stock market. However this was not sustainable, by 1929 many investors had seen the stock market to be overvalued leading them to mass sell their shares (History.com). This resulted in an economic collapse that affected millions of Americans. First, it puts a halt to the workforce causing many people to be unemployed, and unable to put food on the table, people even lose their homes and life savings.
The typical American family has a nice house with a big garden, which is something entirely impossible during the Great Depression. It was already mentioned that people everywhere in the USA were losing their jobs and since many of them could not afford to pay their bills the only possible outcome was to lose their homes. Family either being homeless or moving across the country goes directly against the stability of families that America was proud to have before. A major change in the well-being of the family is also mentioned in a book by historian Harvey Green.
The people were in debt and and just dug themselves a deeper hole “,combined with production of more and more goods and rising personal debt,”(The Great Depressions) and had no way of making money to pay it all back without jobs. This all goes back to the roaring twenties when eh people bought and bought and dint think of the consequences. The biggest problem for the American was the stock market crash “the stock market crashed, triggering the Great Depression, the worst economic collapse in the history of the modern industrial world. ”(The Great Depression) leading them into social mayhem. The people although causing this distress themselves sought out other things to blame while being completely helpless in their
Family Life in the Midst of the Great Depression The Great Depression has greatly changed the way the world works as a whole, but how did it affect family life? Numerous families were broken apart during this time because of the lack of money and resources, making it very hard to live. During the Great Depression, families were mainly affected by changes in family roles, differences in food and play, and issues with marriages and abandonment. From Bible times to the start of the Great Depression, men led the family by making money, while women kept the home tidy. This stereotype was greatly changed in 1929 when men lost their jobs and women stepped into a higher role, causing the number of married women to greatly increase.
Great Depression The Great Depression was from October 29, 1929 – 1939 was long and hard. Everybody lost their money home and food belongings. You either had to sleep under a bridge or in a box car. And, to make money people would cut kids hair for just 10 cents each or paint an entire house for 20cents. When people became homeless.
Imagine it's October 28, 1929, living a lavish lifestyle, owning a mansion, sailing on a 100 foot yacht every weekend, and having what seems like unlimited money that can be spent on anything at anytime. Then, all of a sudden, October 29, 1929 comes. The stock market crashes, banks are closing everywhere, and personal possessions are being foreclosed upon. The greatest economic downfall in the history of the United States has just began. This would become known as the Great Depression, which suited the time period between 1929 and 1941 perfectly.
he Great Depression was a time of huge economic downfall. During this time period people lost their homes, money, and everything they had ever earned. Millions of people were affected, including the middle and lower classes, who would just become poorer. People in upper classes, even dropped to the lower class. This downfall began on October 29, 1929, and the leading cause was the crash of the stock market.
The majority of people made under 2,000 dollars a year (Document 9) which was considered the bare minimum to live off of, the buy all of the basic essentials. These people didn’t have any money to spend on luxury items and couldn’t buy on credit. During this time, some companies priced their goods at a higher price than the majority of people made in a year, like boats that were priced anywhere from 10,000 dollars to 35,000 dollars (Document 8). With nobody to buy from them, these businesses were left without a profit and began going bankrupt. An average family before the depression with two people working full time jobs only made around twenty dollars a week (Document 7).
The Great Depression was the worst economic downturn in the history of the world. It began in the United States when the stock market crashed in October 1929. Everybody was sent into a panic and millions of investors were wiped out. Unemployment levels began to rise after consumer spending and investment dropped, while stock prices continued to increase. Companies started to lay off their workers, and soon nearly thirteen to fifteen million people in America were without jobs.
In what ways did the Great Depression affect the American people? After a decade of economic prosperity, what seemed like an era that defined the concept of the American dream, quickly came to an end when the stock market on Wall Street collapsed in 1929. The aftermath of the events that occurred on Wall Street would put its heavy mark on the years to follow among the citizens of the United States. Banks closed down, unemployment rose and homelessness increased. It was a widespread national catastrophe that had its impacts on both poor and rich.
The Great Depression The Great Depression was by far one of the worst times of America’s history, and the world’s history. The Depression affected everyone except for the politicians and the wealthy. During the depression a lot of people lost their jobs which caused the unemployment rate to sky rocket to 14% of America’s population was unemployed, and the number would stay their till World War 2, and the depression started in the 1920’s. Middle class workers were hit the hardest in the depression. Most of the middle class citizens lost their jobs.
During the Great Depression the unemployment rate went up, they were forced to eat at soup kitchens or go through garbage cans for food, and they even had to build shelter out of cardboard. The first underlying cause of the Great Depression was underconsumption and overproduction. Many things contributed to the underconsumption of goods. The production line kept producing goods even when people could not afford to buy them.
Beginning with the stock market crash of 1929, the Great Depression took the country by storm. Suddenly, many people were out of jobs and unemployment skyrocketed. Wages were majorly reduced which affected home living situations causing overall devastation. This economic downfall caused chaos and a change in society as people were struggling more than ever to maintain their previous lifestyle. Money was tight so fashion became less extravagant and exotic and resources
The Great DepressionTopic: the great depressionQuestion: How did the great depression affect americans?Thesis statement:The great depression affected americans because it destroyed their economy. Millions of families lost theirs savings as many banks collapsed in the 1930’s. The Great Depression was the worst economic drop of all times in the industrial world1. The Great Depression began because of a stock market crash in 1929 and came to end ten years later in 1939, around 15 million americans were unemployed and about half of the American banks failed. It was one of the darkest era in the United States.
Nishat kazi (Muniya) 11th grade The Great Depression was one of the worst downturn of economy in the history that took place during the 1930s. It had a catastrophic effect in countries on both rich and poor. Though there are a lot of causes behind the Great Depression,the main three causes were-1.Bank failure 2.Stock market crash 3.laissez faire.