The Importance Of Life During The Great Depression

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

This source discusses the great crash of 1929. The year 1929 saw the peak of the roaring ‘20s which was known as the “Bull Market” and the stock market collapse that led to the Great Depression. This source also discusses how one third of the U.S. workforce was unemployed which is also a reason for

The Great Depression was an economic crisis. Many people were worried about what they would feed their family, how they would pay bills, how the income would be for them, how they would keep their businesses going, and how they would keep their farms going. The Great Depression put many people in a state of depression, because the Depression was an utter disaster. Many stock markets crashed, and many people lost all their money. Many citizens and immigrants lived in Hoovervilles, which were cardboard boxes. The United States was in a form of depression physically and mentally.

The Great Depression was one of the lowest times in American history. Although this depression brought great poverty to some areas, most were not even phased by it. For some it brought extreme poverty for others who had little money invested in banks or into the stock market, nothing really changed. It even seemed that those who were impacted the least, their changes would not occur until after the Depression was over. In fact some never even knew that there was a depression going on until it filtered down through the tabloids. This economic tragedy was forever changed by the Election of 1932 which eventually brought on the New Deal of legislative programs which would forever change America.

The Great Depression was a long and severe recession in the economy and/or the market. Life during the Great Depression was a depression for many people. The World War II helped the Great Depression end and help people live at least live better lives. World War II lasted from September 1, 1939-September 2, 1945. It had lasted six years!

The Great Depression had a major effect on people.The Great Depression started on October 29, 1929-1939.This period was a time where many things went wrong.For example the family had to do without everyday essentials, “...the winter crop has spindled out and died.” said the farmer to his family, and the [people had to get help from the president with stuff they owned.

The Great Depression was an event that occurred on October 29, 1929 that happened for the reason of the stock market crashing. When this occurred most of the nation fell into debt. The Great Depression had a big effect on the nation and that’s when poverty was added in the picture.

     The Great Depression is known as a time of economic disaster, and for its impact on the social structure of families. As times got harder, the family way of life changed. Families that were well off did not suffer as much as those that were already struggling. When men lost their jobs they also lost the ability to support their families. Children were forced to leave home and find work without adequate schooling. The Great Depression affected people both physically and psychologically. It was an era of unemployment, family struggles, and the way they survived.

The Great Depression was a terrible time for people in the United States. With the stock market crash, there were many people without jobs, homes, or they didn’t have anything. Many Americans were left with nothing more than the clothes on their back and their family. Many banks and businesses had to close because on the stock market crash. Even though these times in the thirties seemed to be hard for most people, the American people did not just sit around and do nothing. Many new fads and activities were made up in this time and many of these fads are around today. The times were hard, but not everything was bad for the American people and, in the end, everything would be better than it was before the Great Depression happened. The Great Depression was and is a huge part of history and a great one to learn about. This paper will talk about what the Great Depression is and how it happened, how life was for people of the Great Depression including in the dust bowl, and life after the Great Depression.

“The familiar faces: pitted, seamed, lined, desperate, beaten, often shamed to be photographed with their poor possessions and their misery.” This was just one account of the daily life during the Great Depression. During the Great Depression, the terrors of that decade impacted everyone differently based on their age, wealth, and social position. 40 million people had no jobs. Almost the entirety of the United States, even the world, couldn’t provide for their family (1). The terrors that walked the streets, slept in homes, and enacted violence on citizens is something no one likes to speak about.

The Great Depression had a large impact on people’s living conditions. After awhile, people were becoming homeless and living off the streets. Their income dropped because the companies they worked for had no money. Most people couldn’t afford to live in their own house so therefore, they became homeless. People borrowed money to invest in the stock market, then in October 1929, the stock market crashed. This caused an economic bust.

The Great Depression was a tremendous downfall into the economy it also had a long lasting effect on society today. The Great Depression happened because stock markets crashed which sent millions of people into distress about their income on how they're going to feed their families. The Great Depression was an economy downfall meaning that people couldn’t have jobs or they're losing jobs and people had to find work in order to feed their families. We have learned to watch for warning signs to prevent another depression.

The stock market crash was the starting point of the great depression. Right after the stock market crash people were grasped by all kinds of problems. Although most of the people got effected by it, but mostly working class or middle class men got effected by it. People were enjoying a very prosperous time before the Great Depression. However, this disaster led people to poverty, hunger, homelessness. The Great Depression had a huge impact on American man in terms of unemployment, homelessness, loss of male dignity and high suicide rate.

The Great depression was a devastating time that began in 1929 and lasted till the 1940’s. The country’s economy plummeted dramatically during this time a lot of deaths happened from starvation and diseases. Also, the country was affected because the great depression spread throughout the trade market. The unequal balance of wealth, the stock market crash, and the debt from WW1 all contributed to the great depression.

The Great Depression was one of the worst economic downturns in history. When the stock market crashed in 1929 it made millions of people lose their jobs. Over the span of 10 years investments and consumer spending dropped which caused a lot of companies to lay off their workers. By 1939 over 13 million Americans were unemployed and over half of the country’s banks had fallen.