The Great Depression in Arkansas
Have you ever wondered about The Great Depression during the 1930’s? During that time period 1930-1940, there were harsh times. People got hung, prices were low. Gas price was 5 to 10 cents a gallon. One quart of milk costed 14 cents. During The Great Depression, unemployment rate was 25%. As of today, the unemployment rate is 7.2 percent. It has fallen 18.3% since 1930. People lost jobs because times were so harsh. People got depressed because of unemployment or losing their jobs. Also people got hung or killed. 27 people got hung/killed. People got mad because they caused them to get unemployed. People got mad when losing their job. People got hung for causing other people to get unemployed. During The Great Depression, one quart of milk costed 14 cents. One gallon of milk costed 55 cents. A round steak costed 42 cents. As of 2012 milk costs 4 dollars. A round steak costs 3 dollars. One quart of milk costs 1 dollar. Therefore, today we have newer automobiles and gas. During The Great Depression, a car costed about 1,000 dollars. As of 2012 a car costs 20,000 to 50,000 dollars. Gas costed 5 to 10 cents a gallon during The Great Depression. As of today gas cost 3.20 dollars a gallon. Finally, The Great Depression 1930-1941 was very harsh times for Arkansas. Some people survived and some people died, people got unemployed and depressed. People went broke; the average salary was 1,900 dollars a year.
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