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Summary: Financial Strains Of The Great Depression

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Summary: Financial Strains Of The Great Depression
Arushi Gupta
Mrs. Cook
Honors Freshman Comp/Lit
20 October 2014
Financial Strains of the Great Depression During the Great Depression, the people in the urban areas coped with the challenge of the loss of their businesses and the people living in rural areas dealt with the problem of losing their land and their source of money. For example, the people living in the urban areas lost their jobs as the businesses closed, and therefore, they weren’t able to earn enough “money to heat their houses in the winter” (Morain). The rural areas tried to harvest additional crops to “pay their taxes and other living expenses” but, it did not succeed (Morain). The prices of the crops kept declining and the farmers started losing their lands. Later, the
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