The Great Depression

Topics: Great Depression, Wall Street Crash of 1929, 1930s Pages: 1 (315 words) Published: April 21, 2013
The Great Depression in the 1930s

The Great Depression was the worldwide economic crises which started on the 24. October 1929. The main cause of this crisis was the stock market crash in America which was caused through too much speculations and frauds like falsification of a balance sheet and other reasons. Out of that reason over 25% of all Americans got jobless. Between 1929 and 1932 the income of the average American family was reduced by 40%, from a reason why it hit the Americans this hard was because even before the marked crashed a lot of farmers and other people were poor. They had problems making enough money off their crop. Instead of advancement, survival became more important. People were poor and they lived sometimes on the edge. The great depression hit the people on the country the most. Farmer families sometimes didn’t have had heating, light or indoor bathrooms. Many people had to grow their own food and like you see in mockingbird some people just couldn’t pay for anything like the farmer who has to pay Atticus Finch with potatoes because he just haven’t had enough money. Additionally the dryness, heat, and grasshoppers destroyed the crops. Some people lost hope and moved away. Here is a quote of a biography of a farmer called Fred Hilbig who lived through the great depression: ,,The drought first hit the eastern part of the country in 1930. There was no rain for many years and high temperatures and fast winds wiped out many of our crops. Many of our neighboring farmers moved west, away from the drought, in search of work.” Many young men took government jobs building roads and bridges. By 1940, normal rainfall returned, and federal programs helped to boost farm prices and improve the soil. About the same time, a new government program started to hook up farmhouses to electricity.
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