Preview

Great Depression Effects

Good Essays
Open Document
Open Document
555 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Great Depression Effects
Imagine that you’re living in the year 1929. You live in a well-fed, pretty successful family. Then, one day, your father comes home with news that the stock market has crashed and he got laid-off. Your life goes downhill over the next ten years. Food is now one of your biggest worries. You no longer can get the things you used to have, and your family is in danger of losing the house. The Great Depression was a hard time of economic collapse. Many teens left their homes to try to find a job, food became scarce, and tons of people lost their jobs. Those are some effects that the Great Depression had on Americans.

One effect of the Great Depression was that a lot teens or kids left their homes and tried to find a job. During the 1930’s, teens or even kids, more than 250,000, decided to hop onto trains and drift across America. Most people did this because they wanted to find a job or their families were too poor, but others even did it because they wanted an adventure.
…show more content…
Before the Great Depression (1920’s), there was a time of great prosperity and most people were satisfied. Then disaster struck. On a day known as “Black Tuesday”, stock market prices plunged. More than 8 billion dollars were lost in one day, and 30 billion dollars were lost within a three weeks of the crash. Unemployment rapidly swept through the nation as a result of halting industries and the crashing stock market. Millions of people lost their jobs, and by 1932, one out of four, Americans were unemployed and almost 25% of American workers were jobless during the worst years (1932 and 1933).

The Great Depression was a hard time for the American people. Teen/children leaving home, food becoming scarce and hard to get, and unemployment are just some of the many effects of the Great Depression. The Great Depression left a deep scar in the Americans who lived during that time and were some of the worst years of economic

You May Also Find These Documents Helpful

  • Powerful Essays

    Final Paper Mgt 330

    • 3319 Words
    • 14 Pages

    Great depression was a worldwide economic crisis, and during Great Depression the unemployment rate rose to record high in the United States. In 1930s unemployment rate was soared by 20 percents. Stock price was declined by 89 percents, and industrial production and construction were almost halt. Unemployment was rising and wages fell for those who were working, business failed, millions of people were homeless, banks were out of business. Farmers were caught in a depression because of the collapse of food prices with the loss of exports markets after World War I. Farmers also lost their lands.…

    • 3319 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Great Depression DBQ

    • 563 Words
    • 3 Pages

    There were many downfalls in america’s economy, but there was one that vanquished them all, the great depression. Millions of people, rich or poor, were affected in different ways. Families searching in the trash for food, and farmers killing their sheep because they don’t make profit due to the price for shipping them. Those are two examples of many in which the great depression affected some.…

    • 563 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The Great Depression affected all of America. “By 1933, 11,00 of the United States’ 25,000 banks had failed” (Britanica 1). This failure caused a loss of confidence in the economy. Unemployment was also a big issue at the time. By 1932 unemployment had raised to 12 to 15 million people out of the work force; that is 25 to 30%. The manufacturers also lost a lot of their output. By 1932, The U.S. manufacturing output had fallen to 54% of its 1929 level. Many people’s lives were dramatically changed during the Great Depression. Many people had to deal with starvation, cold, drought and many other problems.…

    • 2193 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    DBQ Great Depression

    • 585 Words
    • 3 Pages

    There were many people affected by the Great Depression the worst off were the farmers because of overproduction of what they were harvesting they were not getting enough money to pay their farms (Doc J) but because of the Agricultural Adjustment Act it helped pay for the their farms but the draw-back about this that the benefits were distributed unevenly to farmers. Women and minorities had it not quite as bad but it was pretty bad for them. Most African Amerithingscan people where on the street (Doc I) because there where people who where so desperae for a job they would be hired for the normal pay because of this invisble scar it was so bd people would go out and steal food to sell to try and bring something home.. So to slove this problem Congress with the approval of Roosevelt passed the Cilvilian Conservation Corps to provide work relief for young men from unployed families by having them dredge out rivers to clran and buld bridges over them along wit other nature perseving things like making hiking trails so people don't destroy the natural area around them. The Civil Works Administration to work within a short amount of time by setting up sewer systems through out cities but the effectiveness was limited due to poor leadership (Doc A). The next thing that was affecected was the banks Congress with the approval of Roosevelt passed the Emergency Banking Act that ressaured that the banks were safe and soon more deposits were made than withdrawls because of this it helped…

    • 585 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    1930 Dbq Analysis

    • 431 Words
    • 2 Pages

    During the Great Depression, the time when the Stock Market crashed, lots of problems surfaced and affected many Americans. According to document 1, unemployment increased dramatically at the start of The Great Depression. This created a problem for Americans because unemployment leads to poverty and that leads to hunger. Another example is in document 2 when it says, “banks began to collapse and industrial production ground to a halt.” This means that the life…

    • 431 Words
    • 2 Pages
    Good Essays
  • Good Essays

    DBQ: The Great Depression

    • 657 Words
    • 3 Pages

    The Great Depression in the United States was the worst and the longest economic collapse in the history of the modern industrial world, lasting from the end of 1929 until the early 1940s. The Great Depression saw rapid decline in the production and sale of goods and a sudden, severe rise in unemployment. Businesses and banks closed their doors, stock market crashed (Document 2), people lost their jobs, homes, and savings, and many depended on charity to survive. Natural calamities, such as the dust bowl added to the sufferings of the people. It caused major agricultural and ecological damage, destroying the lives of several thousands of families (Document 1). In 1933, at the worst point in the depression, more than 15 million Americans—one-quarter…

    • 657 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Great Depression was the largest economic crisis in the history of the United States. During this time there was an outbreak of poverty that swept the nation. There were many economic, social, and political changes during this time. Although this was a difficult time, the government was able to create job opportunities and projects to end the Depression.…

    • 576 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Great Depression was a terrible stock market crash known as Black Tuesday. This occurred on the day of October 29, 1929. On Black Thursday stocks dropped 11% and regained 2%. But then on Black Tuesday it dropped another 11% which caused everyone to be scared. The stock market crash was the main reason of America's great depression. There was also the Dust Bowl which was the major drought that mainly affected the states of Texas and Oklahoma. It also touched the adjacent sections of New Mexico, Colorado, and Kansas. Many farmers could not pay their taxes and had to sell their farms for no profit/gain for themselves. There was also all the bank failures that caused many people to lose their savings. These 3 main things caused about 15 million…

    • 295 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    First, effect of the Great Depression was the large death count. One main factor, of these deaths was the dust pneumonia caused by the dust storm. A quote from the book, Out of the Dust, by Karen Hesse, “Pete Guymon took ill with dust pneumonia.” [140] Another, factor of the deaths was suicide. People were killing themselves to, “end their suffering.” Finally, people in the Great Depression starved due to the lack of food and money, “We haven’t had a good crop in three years.” [16]…

    • 325 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The Great Depression affected so many people on many different ways. The economy crashed completely, businesses had to shut down, unemployment rates…

    • 1014 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Great Depression had positive and negative effects on the population. The positives were people learned never take life for granted and to work hard. As the sudden drought of the Dust Bowl “left thousands of farmers and their families homeless” without a source of income. Also, to work hard as people would “work any way at all, that they could” to gain a source of income. However, the negatives were children that “travelled across the countryside” in search for a job were separated from their families and millions were still unemployed and lost everything.…

    • 94 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    There was an unprecedented amount of financial growth that was unable to be sustained due to the 1920s, but not everyone in the nation shared in this prosperity; this is a major contributing factor of the Great Depression. Herbert Hoover had an outdated belief on “rugged individualism” that kept him and his administration from intervening and regulating the government. The stock market was a big part of society, but “Black Tuesday” was the beginning of this recurring and prolonged cycle of booms and busts. There were multiple “black” days during this time, but October 22, 1929, “Black Tuesday” was the day millions of middle and working class people lost their life savings; this resulted in credit drying up, workers being laid off and “Hoovervilles” began to form (Globalyceum, “The Great Depression”). The unemployment rate in 1929 went from 3% to 25% all within a span of four years.…

    • 1463 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Americans in the Great Depression soon had lost all of their money. Banks were failing due to loss of insurance. Up to 10,000 banks had shut down during the 1930’s causing millions of people to lose their life’s worth of savings. Markets had closed because people were not coming in to buy their…

    • 374 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Starting in 1930, the Great Depression was a time of serious monetary ruin in America. The Great Depression made a great deal of anxiety on Americans monetarily and emotionally. The Great Depression was a monetary destruction in the United States and the world, this was brought about by the tremendous stock market crash. Because of the decrease in value of money, less employments were accessible. Regardless of the fact that you could discover an occupation with many hours, the pay wouldn't be sufficient to provide for your family.…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Great Depression Dbq

    • 1432 Words
    • 6 Pages

    The Great Depression was the deepest and longest-lasting economic downturn in the history of the world. After the stock market crash of 1929, the American economy plummeted. This was devastating for many families. Thousands of people were out of their jobs, and left to starve on the streets. Many were forced to simplify their wardrobes, problems in the education systems arose, and the banking system was destroyed. People turned to the government to help them out of their problems. Hoover and FDR worked to pass relief acts that would boost the American economy.…

    • 1432 Words
    • 6 Pages
    Better Essays