There are many contributing factors but not one specific event can be pin pointed for starting the depression. It is believed that some events contribute more than others-such as the Stock Market Crash of
During the great depression many peoples out of work all over unite start, many unemployed peoples get on the road, travel from town to town, city to city, state to state, hoping that they will find work and feed their family, baby, or even just to feed them self.
Not many people had cars, so many of them hitchhiked or "rode the rails. The stock prices drop really fast without any hope of recovery, panic stock try to sell their struck all at the same time. But no one is buying it. Then the stock market, which appeared to be a way to become rich quickly become the path to bankruptcy.
That was only just the beginning of the depression. So many banks in America were closing all over the country. Peoples heard about this and afraid they would lose their own savings people rush in to bank that were open to withdraw their money.
Industry and many businesses were also affected. So because of losing much of their moneys in either bank close or stock market crash many of businesses started cutting back their employee hours or wages, consumers began to cut down on their spending, and purchasing such as luxury goods.
This lack of consumer spending caused additional to many businesses to cut back more or the employee, wages, and more lay off the workers.
But unfortunately during the great depression, and the great plains hit hard with both a drought and horrendous dust storms. With just topsoil exposed only, and high winds picked up a lot of loose dirt and whirled it for miles. The dust storms destroyed everything in their paths and take all the farmers crops leaving them without their crops.
The smaller farmers you were the unluckier you are. Small farmer were hit especially hard. Even before the dust storms hit, the invention of the tractor drastically cut the need for manpower on farms.
A lot of small farmers were usually already in debt, borrowing money to buy seed and paying back when their crops come in.
Bank would foreclose peoples out of their homes, and many of them become homeless and unemployed. They would get on cargo trains and crisscross the state. Many families get separate so that guy can find work in California and the women and children can stay in church.
When there a post that there was an opening jobs there would be thousand people applying for the same job.
Housing in the shantytown was built out of stuff that can found freely, like wood, cardboard, or even newspapers. Many of those farmers who had lost their homes and land usually headed west to California, where many rumors of jobs.n November 5th, right after halftime against the Hawks, I had a panic attack.
It came out of nowhere. I’d never had one before. I didn’t even know if they were real. But it was real — as real as a broken hand or a sprained ankle. Since that day, almost everything about the way I think about my.
The great depression essay helps us appreciate the society we are in today. If it were not for the efforts of the leadership and the people in general of that era, America may not be what is today.
The to period saw the country at highest on the success ladder and go to its lowest within a short span of time. Nov 27, · The Great Depression of the s is on peoples' minds these days. If you have family members who lived through it, you may hear their stories at the dinner table this Thanksgiving.
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Order online academic paper help for students. Professionally researched & quality custom written . Great depression means people live on the street, peoples out of work, getting fire, and many peoples have nothing to eat. During the great depression many peoples out of work all over unite start, many unemployed peoples get on the road, travel from town to town, city to city, state to state Reviews: 9.