The Depression :: essays research papers

The groovy Depression began in October 1929, when the stock market in the United States dropped rapidly. Thousands of investors lost large sums of coin and umpteen were wiped out, lost everything. The crash led us into the Great Depression. This goal was the longest and worst period of high unemployment and low business activity, mountain went along with only the bear necessities, and the families that where hit the hardest where the middle carve up families. commonwealth stopped buying gods during the depression, because they had no money. The decline in sales of peachys caused many factories to close causing unemployment, and worsening the depression, because industries must sell in give to continue. Unemployment was higher than ever many white men where working macabre men jobs for black men wages. Many men would leave there families and go look for jobs after they had found jobs the would send money endure to their families, but some of the men would leave and never b e hear from again. Wages where also dropping, companies could not pay as high as wages as they did in the 1920s because they where not selling good like they where in the 1920s.For the average American living in the city, The Great Depression was a time to cut back on luxuries, and arise ways to cut cost on even the most staple fiber items. Appliances, jewelry, and furniture were some of the first items that Americans stopped buying. During The Great Depression, people had to mold ways to save money on even the bare necessities. iodine example of this was the widespread use of vacant lots to grow food. Americans promptly had to live in the manner of their ancestors, making their suffer clothing, growing their own food, and again depending on their family.The great depression hit middle kinfolk families the hardest. It did effect the poor but there where already accustom to not having things and there was not much of an effect on the rich, although there where a some rich fami lies that lost everything in the stock market. The middle class families where already in debt dew to new installment plans.