This is because many people lost family members, money, and homes. A lot of people died from starvation and disease. Many banks failed, causing people who had money in that bank to lose it. Many people were left homeless and even died. Finally, Herbert Hoover made the Hoover Dam in 1931, to control flooding and generate electricity in the area.
“The Great Depression affected many countries worldwide. It began with the 1929 crash of the American stock market and ended with the onset of World War II”( Great Depression). The stock market crash was one of the worst times in American history. Thousands or even millions of people went west to look for jobs to provide for their families. The 1920’s started out as beautiful as the flower, but nobody had the time to just sit back and relax to even notice the resources were not there to sustain it.
Film in the Great Depression When the stock market began to fall apart in the autumn of 1929, it triggered a domino effect that exposed many weaknesses in the American economy. “Between 1930 and 1933, over 9,000 American banks either went bankrupt or closed their doors to avoid bankruptcy. Partly as a result of these banking closures, the nation’s money supply shrank by perhaps a third or more between 1930 and 1933, which caused a decline in purchasing power and thus deflation. Manufactures and merchants began reducing prices, cutting back on production, and laying off workers. “(Brinkley Page 554-555) Without a job or as a result of underemployment, millions of American’s were hit hard in the pocket book.
On one of the most devastating days in economic history, the stock market crashed with the value of the dollar being useless. Many families were left without any warning, losing any of their savings placed in stocks. People started to worry, rushing to the banks to withdraw quickly whatever money they had left to make sure they didn 't lose anything else. Banks were closing faster than people could get to them, leaving people with nothing. The people who did grasp their money spent less on items that they needed because prices skyrocketed, which in return got people getting laid off from their jobs, worsening the economy and losing even more money.
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.
After this Andrew Carnegie’s reputation for being a friend of the worker is ruined and now many do not think he is a friend of the worker anymore. Because the strikers lost, many steel companies cut their employees wages and labor unions were not recognized until the 1930’s which was an enormous setback for workers rights and freedoms. After this Andrew Carnegie kept underpaying his employees and they still had long hours. Carnegie 's employees usually worked 7 days a week and they would work 12 hour days and they would still make less that about $10 per
Crop prices also plunged to an ultimate low during this time. The conditions that laborers had to work in tending to their crops were ridiculous. This caused many farmers to leave their homes and search for better lands. During the drought in the 1930s, many farmers had to work extremely hard with unrefined machinery to maintain their unfortunately low priced crop, leading to a turning point in agriculture. When the Dust Bowl hit people automatically panicked.
Leeah Coady 1st hour Language Arts, Hobbs In the early 1930´s and late 1920's the Great Depression hit our economy hard, the stock market crashed and almost everyone was put out of business. Many things had happened during the Great Depression not only did many people get put out of business, many people got put out of their homes because all of the banks closed know one was allowed to access their money. As time went by during the Great Depression many people were not only becoming homeless and jobless but, many began to starve because lack of money. During the Great Depression to add on to all the chaos we had the election for out new president, and Franklin Delano Roosevelt was determined to put people back in their homes, get
Around this time in the United States, the Great Depression had taken place. Many people lost their jobs, homes, and families. Some people even died due to dehydration from lack of access to water, food, anr from general illnesses. This particular economic catastrophe hit children hard especially. This is depicted in the same excerpt mentioned before.
The dust bowl was a frightening time for most people during the 1930s. severe drought and a failure to apply dryland farming methods to prevent wind erosion. The Dust Bowl negatively affected people who lived there in a personal way. During the Dust Bowl a lot families and people had to migrate to a different state.“The Dust Bowl forced tens of thousands of families to abandon their farms. ” ("Dust Bowl")Families had to abandon their farms which negatively affects the people because they could not grow crops during the dust bowl.“So many of them came from Oklahoma, migrated to California and other states to find that the Great Depression had rendered economic conditions there little better than those they had left.” ("Dust Bowl")The people
It is March 29, 1765 and the stamp act was enacted about a week ago. The Crane family is very upset over this act enforced by the British Parliament because they do not have a lot of money and it will cause a hardship for them financially. This act made people pay taxes on any printed legal document. Bruce Crane, his wife, and his three children were very upset over this act. The sugar act, which was passed a little under a year ago, already made things very hard on the family and this would just make matters worse.