The Great Depression A major event in American history that has shaped society today is the great depression that began in 1929 and ended in 1939. The official day the stock market crashed was a a day known as “black Tuesday”. At the time, the American government was not prepared nor did they have policies in place that made them well prepared for such an event to take place. This unfortunate event threw Americans into a an economic crisis unlike any event experienced before in history and left millions of hardworking Americans in a state of poverty and misery for nearly a decade. Before the depression hit, the 1920’s known as the “golden age” had taken place. For the first time in history more Americans were living in the cities than …show more content…
They needed one another to provide help with expenses. It was very common for men to feel embarrassed for being laid off and not being able to make money for their families, especially when every member of the family suddenly had to work to survive. Obtaining a job was very hard since almost everyone had been affected by the depression. Many made way to the railroads in search of jobs, since many weren 't able to afford cars they used to own, the roads were empty. Teenagers had to step it up and were the ones seen on the roads looking to find any job. People in search for jobs who didn 't have any luck would end up living in Hoovervilles or shantytowns in the outskirts of towns. All the houses were made of very cheap items like mud, wood, and newspaper. Some even had elected representatives within their hoovervilles. These shantytowns were named Hoovervilles after Herbert Hoover who was the president at the time. The great depression affected farmers in many ways as well, they were known to get through other rough times perfectly fine but this one was far more challenging to overcome. Many of them resided in the Great Plains when the depression hit. The “Dust Bowl” took place on their land and they were greatly affected by it. Dust storms and drought left them with little to no food for them and their animals since their grasses were being dried up
People lost the ability to pay for things they once owned. People bought many things on margin in the years before the depression, they soon found this to be a rather unwise practice as they could no longer afford these purchases once the depression hit. Millions were out a job, and soon their homes followed; foreclosed on by the banks, the items they once purchased sold back. This left many families with little possessions and even fewer places to turn to and many ended up in shanty towns and Hoovervilles. There they lived out of cars and in makeshift tents like the family in picture 5. These places were overrun with undernourished people that rarely had their basic human needs
Everyone scrounged about for small, labor intensive jobs at low wages. Even women and children had to work to subsidize the family income. The recently homeless lived in shantytowns nicknamed “Hoovervilles” after President Hoover who was moving slowly and ineffectually to deal with the Depression (Wikipedia). Little food was available and many had to search garbage heaps and other such locations for any kind of sustenance. The economic crisis had ushered in a decade of unprecedented mass poverty and poor living conditions.
The Depression changed social structure in America forever. “The real story of the 1930’s is how individual families endured and survived, whether battling the despair of hunger and unemployment in the city of the fear of unending drought and forced migration in the dust bowl of the Great plains.” (Press, Petra pg 6)
The stock market crash, called Black Tuesday. Unequal distribution of wealth was a key factor during the time period as well. The day know as “Black Tuesday” was the day the stock market crashed. This led to the fall of stock prices, in fear, people sold their stocks and gathered the money they could. The people who didn’t, lost all of their stocks. Those who bought them on credit, they were now in debt. Investors lost a collective amount equal to the amount spent in WWI, that’s billions of dollars gone, approximately thirty-two billion dollars (32,000,000,000). As bad as the crash was, unequal distribution of wealth did not help. The rich saw an income increase of 70%, and the poor saw an increase of 9%. More than 70% of families earned less than $2500/year. Many of these families couldn't afford household products, such as the flood of overproduced goods. Only one out of ten families owned an electric refrigerator. One thing many people overlook when on the subject of the Great Depression is the president's influence on the situation. The two presidents during this time were Herbet Hoover and Franklin D. Roosevelt. Hoover was in office during the collapse of the economy, he didn’t believe in national relief, he believed in self-prevalence and self-help. His beliefs didn’t get the confidence of the people, in 1933, a fourth of working American’s were out of a job, that’s more than fifteen million people unemployed. Many people disliked Hoover, so when they needed to make a home out of paper, glass, tin, or whatever they could find, they named the towns constructed from these items “Hoovervilles”. They were found mostly on the outside of cities. Hoover's idea of self-reliance didn’t get him reelected, he lost to Franklin D. Roosevelt in 1933. Roosevelt brought forward a new strategy to take on the economic problems, it was called the New Deal. The New Deal was a series of actions him and his
The Nineteen Twenties were an alluring, yet laborious, time for The United States as the country faced the Roaring Twenties, Great Depression and New Deal. Before the Great Depression, the United States have been a time of prosperity and originality. Products were affordable and Americans were living comfortably. Once Nineteen Twenty Nine arrived, the stock market had crashed, unemployment was at a new high, and millions of citizens were losing great deals of money. Fortunately, the New Deal, created by Franklin D. Roosevelt, was a solution to the poverty and distress of the nation. Relief, Recovery, and Reforms, the three aspects of the New Deal, gave Americans a resolution to the hardships of the Great Depression. The roaring Twenties,
Farmers where Some of the main people who were affected by not only the great depression , but the dust bowl as well. Farmers were getting paid by AAA to reduce the land used to raise livestock and to produce products such as corn, wheat, tobacco, etc,these were just some of the problems that farmers suffered. Another reason why this event affected the farmers is because of the fact that farmers over farmed their land trying to get it to grow which made it worse and all these dried up crops turned to dust layering their houses so they had to abonden their lifes to head west. Companies paid farmers to plant clover and alfalpha instead of cotton and wheat to reduce not only land usage, but under priced products. Last but not least one of
The 1930s was one of the most challenging times in US history, where the Great Depression caused millions of Americans to suffer through hardships because of the economy. Many people were out of work and unemployed, and the government at the time, believed that the best option was to stay out of its affairs, leaving the struggling people hung out to dry. It was not until Franklin Roosevelt was elected president, that the state of the country began to change. And that was due to the creation of the New Deal; a plan to alleviate the state of the country, providing help through increased government spending and programs, that led to its eventual recovery after the second World War.
Poor American farmers might have moved to the cities during the Great depression simply because they felt economically disenfranchised. The country was undergoing a very hard time economically wise which motivated many people (mostly farmers) from all parts of the country to move to cities. All of the documents (1, 2, 3, 4,5,6,7, and 8) we read in class actually do show that most Americans had lost their jobs and consequently couldn’t take care of their families unless they moved to cities.
Farmers also became unemployed. The clients would not buy from him because either the prices were too high due to there being not as much crops or due to there being no crops at all because of the money needed to plant. The farmers usually lived in the plains due to more to harvest crops. There was a problem though. The weather was usually not as good. There were droughts and windstorms and severe weather conditions, That did not cooperate with the great depression either. Both put together
The people who lived on the Great Plains suffered greatly and this in turn changed America. Since there was too much dust everywhere this time period was called the “dirty 30s”. Farm families usually did not have an indoor bathroom, heat, or electricity like the people who lived in town. All of the farmers worked with each other through these rough times because they believed it would get better. Although, whenever the crops were destroyed by the drought; farmers were left with no one to buy food or make payments on their farm loans. “Yet, a majority ‘toughed it out’ and stayed. And millions continue to stay, despite decades economic pressure to leave”(Reinhardt and Ganzel). This quote shows how people believed it could get better. The government started programs to hook up electricity to make farm life easier. “The Great Depression changed the lives of people who lived and formed on the Great Plains, and in turn changed America”(Reinhardt and Ganzel). The Great Depression changed millions of lives. Farm life was very difficult during the Great
This act was created in 1974 there are many events that could have impacted the need for such a policy. One event that impacted the need for the RHYA is the Great Depression. The Great Depression led to about 400,000 young boys being homeless. Another important event is the Vietnam War, though it was coming to an end around the time that the act was passed, it lasted for many years and effected the family structure of American households. The draft caused by the war made a lot of families turn into one income families, which could have made teens need to leave home before they were old enough to support themselves in order to leave more resources for the rest of the family.
The Stock Market Crash that occurred on October 29, 1929, known as Black Tuesday is often viewed as a major
In 1929 the stock market crashes due to an unstable economy, over speculation and Government policies. Many people think that the stock crash was to blame for the Great Depression but that is not correct. Both the crash and depression were the result of problems with the economy that were still underneath society 's minds. The depression affected people in a series of ways: poverty is spreading causing farm distress, unemployment, health, family stresses and unfortunately, discrimination increases. America tended to blame Hoover for the depression and all the problems. When the 1932 election came people weren’t very fond of Hoover, but Roosevelt on the other hand introduced Happy Days and everyone loved that idea.
During the twenties, the poor economic situation together with isolation created social issues in the country. As the 1920’s progressed, wages increased and people were more able to purchase
The Great Depression of 1930 molded the American culture and the political life of our nation. Due to its pivotal role in the formation of our economic system. Today I will provide an inside depth of the Causes and Effects of the Great Depression and will focus on the results and outcomes that resulted in this event that would change the lives of many in this time period of despair and of devastation.