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Great Depression

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Great Depression - Page Text Content

S: Great Depression

2: What caused the Great Depression, the worst economic depression in the US history? It was not just one factor, but instead a combination of domestic and worldwide conditions that led to the Great Depression. One of many that caused the Great Depression is stock markets, bank failures, reduction in purchasing across the board, American economic policy with Europe, and drought conditions.

5: The Great Depression was a massive global economic recession that ran from 1929 to 1941. It led to high unemployment, as well as dramatic drops in GDP, industrial production, stock market share prices and virtually every other measure of economic growth. It bottomed out in 1933, but it would be well after World War II before such indicators as industrial production, share prices and global GDP could surpass their 1929 levels.

6: Life in rural areas during the Depression was hard. Because price for crops were very low, formers received little for their efforts. They could not repay the loans that they had taken out on their farms in more prosperous times, and many lost their houses and farms.

9: As the hard times deepened, the Red cross and the government set up stations to dispense food and other necessities to the needy.

10: Out in the country, there were not as many food stations, so people had to travel long distances to town to receive supplies. This trip was hardship because few had transportation or the money to make the trip.

13: What was it like growing up during the Great Depression? For many people, life was a daily struggle. At the peak of the Depression, 25% of the nation's workers, one out of four were unemployed. No job meant no money to pay mortgage or buy food and clothes for the family.

15: Time were hard whether you lived in a city or on a farm, whether you were an adult or a child.

16: Families unable to pay mortgage lost their homes and farms.

19: As a result, about 250,000 young people were homeless in he early years of the depression. Many became nomads, traveling the highways and rail ways.

20: Each new deal program had its own success. Some programs regulated wages and prices, which helped most families buy things they needed, like food and clothing. Others employed people as conservation workers, artists, writers, and laborers. Social security helped the elderly who could no longer work and whose saving were gone.

21: Most historians agree that though the new deal programs helped alleviate some of the problems during the Great Depression , they did not help end the economic downturn, World War II was really responsible for change in the economy.

22: In the late 1930s, The Great Depression was weakening, but many Americans were still poverty stricken. American watched as German forces became more powerful and took over neighboring countries. With the invasion of Poland, World War II erupted in Europe.

24: People did not have money to buy things like dishes, so companies gave depression glass with their products. | Simple household chores were very difficult for women in the 30s even with the new modern conveniences. This iron, though easier to use than the old, | heavy iron that had to be heated on a stove, was difficult to prepare and time consuming to use.

25: This old-fashioned cherry bitter must have been thought of as areal luxury. With this device, women did not have to separate the seeds of the cherries by hand, and they could separate two at the same time. | Another example of kitchen appliances of the 30s would be the icebox. The ice box was insulated wooden box that kept food fresh.

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  • By: Samantha P.
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  • Title: Great Depression
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  • Published: over 9 years ago