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
People were afraid and concerned since they had a major insufficiency of jobs, supplies and shelter. Many companies began to enforce wage cutbacks and increased workload. Relief was not being offered to all the unfortunate Canadians who did not have a job. Many people were laid off from factories which meant that supplies were scarce as not many people could afford to provide for their family’s, people turned to the government to find a solution. I believe that their expectations were much too high as the government was struggling too.
In the days of the Great Depression, many people lived in a harsh environment. people’s hopes were to get a job and be able to support their family through these rough times. These hopes and dreams are known as the American Dream, which is still alive today. In Of Mice and Men by John Steinbeck, this topic is explored. The book illustrates the day to day life of George and Lennie, ranch workers who are living in the time of the great depression, who have a dream of owning their own ranch one day.
The factors that lead to the Great Depression was bank failures, drought conditions and stock market crash. What caused the banks to fail was, banks were uninsured so they didn’t have any saving. Another reason is drought conditions. Farmers had to sell their land to make to make money. This time was called The Dust Bowl.
The dust bowl killed many people from filling people's lungs with dirt. This made the migrant workers spread out to other places because they lost all their jobs. So the government had to illegally deport them to different places. Over 15 million people lost jobs during this period of time. American Dream The American Dream is the ideals of freedom, equality, and opportunity.
It first began in Asia then spread to Europe. With the condition in cities that was worst, the disease spread rapidly in Europe due to the overcrowding living environment. It greatly reduced the population of Europe. It wiped out about a quarter of the population. With so many people were lost, the farms were not able to be farmed, which created a labor shortage.
In the early days preceding the first fireside chat on 12, March 1933, the American people’s confidence in the banking system was at an all-time low. As the confidence in the banking system began to erode, people began to make runs and withdrawing all their money leaving the banks empty and foreclosing many of the smaller rural banks. Banks continued to close despite the government's best efforts, as a result, President Franklin D. Roosevelt’s (FDR) instituted the banking holiday on 6 March 1933: closing all the banks preventing people from withdrawing all their assets, foreclosing, even more, banks and making the situation worse. When the banks closed FDR started to initiate a plan to inform the American people about how the banks worked, what they do with the money, and how he and the government are going to solve the issue.
Customers died, which means that their debt did not get paid back, so it hurt the financial lenders. Guilds died or lost their craftsmen and could not replace them, so the public was out a lot of specialty services that they needed done. With all of the dying public this means that the demand for goods went down and the supply went up, so there was an oversupply of goods with no one to buy them, therefore, the prices were chopped. Along with all of these aspects of society falling apart, there were many groups in society causing issues. One group, the Flagellants, caused a huge uproar amongst the public.
This downfall of society caused immense damage to the economy. As the population began to decline due to the deaths of all these people, there was a lack of farmers to plow fields, harvest crops, and produce other goods and services. This in turn affected the relationship of lords and peasants because the working peasants became more useful and in high demand; after learning this the peasants began asking for higher pay to work. This is how Europe was so affected by this plague, not only by death and disease, but in more questionably moral and economic aspects of
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 were no longer in excess, in stark contrast to the roar of the 1920’s.
Evidence of this was when war factories shut down because war supplies were no longer needed now that the war had ended, this left many people unemployed (Canadian War Museum). This shows that World War I was a means of income and jobs for many people and as it came to an end so did their career and wealth. Similarly, after the soldiers returned from war, they had no jobs. This was the result of Canada’s fragile economy, which had difficulty employing and supporting demobilized soldiers and left many people jobless(Reilly, Skikavich). The nation as a whole was upset with the government, as they believed that it was the government’s duty to find a concrete solution for this problem (Reilly, Skikavich).
The rise and fall of the Populist party all started when farmers from all over the nation gathered together and addressed some common problems that they were facing. Farmers were stuck in a bad economic cycle. Prices for their crops were falling, and unfortunately farmers often had to mortgage their farms so that they could buy more land and produce more crops in order to “flourish”. There was very little suitable land to farm and cultivate and banks were foreclosing on the mortgages of farmers who could not make the payments on their loans. Moreover, the railroads were being taken advantage of farmers by charging excessive prices for shipping and storage.
New Historicism and The Grapes of Wrath The sun disappeared, next crops disappeared, then the people disappeared. Consequently, cause of everything disappearing, is because of the Dust Bowl which occurred in the 1930s caused people to flee from their homes to a state which they were not familiar with. In addition to, the Dust Bowl affected 75% of families due to the drought. For the most part; the Dust Bowl hit the farmers, due to a little rainfall and high winds the farmers could not grow any crops. Furthermore, they could not grow any crops which meant could not afford to pay their rent; as a result, they had to flee from their land to give their families and themselves a better living conditions.
Once the stock market crashed all their money they had disappeared. Those who got their money out of the bank in time didn’t have enough to survive the long period. Banks eventually closed because they couldn’t give everyone their money. In Maycomb, many people didn’t have a bunch of money. They had just enough
You hold hope in finding a job, but as the days go on your hope lessens. This happened to many children during the Great Depression. The Great Depression was a difficult time for many people and families because the stock market crashed causing many people to lose a lot of money. Several people lost their jobs so, countless families became poor and money was tight. In result of this many children