Nearly 12 million Americans were unemployed in 1932. Families lived in shacks and ate leftover food from hospitals. Communities couldn’t afford to keep schools open‚ so a third of a million children couldn’t go to school. Years of poverty left Americans asking what the cause of the economic crisis was. The economies of the Allied Powers were damaged by World War I. Great Britain‚ France‚ and the Soviet Union were all in debt and the costs of the war ran resources low. Major cities of Europe were
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Daily life Daily life during the great depression wasn’t easy. Many people were unemployed and without decent clothes. Children ran away and “Rode the rails” to loosen the burden on their families‚ because they wanted a better life or just because they wanted an adventure. Other kids got jobs to support their families. During the depression‚ people ate whatever they could afford or whatever they could find. Some examples of food during the 1930s were: Potato soup – water base‚ not milk Dandelion
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globalization ’Globalization ’ is a slogan of key ideas for business theory and practice. It is often confusing; sometime used as a way of describing the spread and connectedness of production‚ communication and technologies across the world; the overlapping of economic and cultural activity; rather is also used to the efforts of the International Monetary Fund (IMF)‚ the World Bank and others to create a global free market for goods and services; politically and potentially‚ damaging for a lot
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Introduction …..……………………………………………………….. Page 3 Nike history ….………………………………………………………... Page 3-4 Marketing ….…………………………………………………………. Page 4-6 Nike factories ………………………………………………………….. Page 6 Nike financial results ………………………………………………….. Page 7 SWOT analysis …………………………………………………………. Page 8 Conclusion ……………………………………………………………… Page 9 Bibliography…………………………………………………………….. Page 10 Nike – Just do it Today Nike is a multinational corporation and also the leading
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current distribution network and infrastructure that Nike had in place for its high-end footwear‚ the World Shoes‚ distributed through the same channels‚ didn’t reach the proper target market. The Series 100 and Series 400 were simply placed on a shelf next to the expensive Air Max in an urban retail store. The consumers in the intended market segment‚ who lived primarily in rural areas‚ didn’t necessarily shop at these places. However‚ Nike had no system to distribute the shoes outside of its three
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North vs. South in the Great Depression The Great Depression is one of the most misunderstood events in not only American history but also Great Britain‚ France‚ Germany‚ and many other industrialized nations. It also has had important consequences and was an extremely devastating event in America. It was the longest and most severe depression ever experienced by the industrialized Western world. When the New York Stock Exchange crashed in October 1929‚ the United States dropped sharply into a
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The Great Depression of the 1930s in Canada The Great Depression of the 1930 ’s is a benchmark for all depressions and recessions in the past and in the future. In the booklet "The Great Depression of the 1930s in Canada" ‚ Michiel Horn gives an intellectual dissection of the events that occurred during the Great Depression. Michiel Horn ’s approach leaves the reader with a foul taste for the Dirty Thirties. This essay will summarize Michiel Horns key points as well as discuss the ability
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The people of the black community experienced the Great Depression differently due to race relations between the white people and the black people. During the depression‚ dark-skinned people had a hard time finding rentals‚ let alone buying property. For example‚ the Clarke family recall being treated poorly when they were looking for a house. The other people would slam the door in their faces and leave it at that. On the other hand‚ the Jews were empathetic towards them and offered to sell their
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The Great Depression happened because the stock market in the United States dropped dramatically. A major factor in bringing about the depression was a direct result of supply and demand. Supply and demand rely on each other and should be equal in a stable economy. Too much supply demand drops‚ demand goes up supply should go up to meet it. There was a large overage of products that the U.S. people could not consume. The overage happened because a technological advance changed how they produced goods
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During the 1920’s‚ America was a prosperous nation going through the “Big Boom” and loving every second of it. However‚ this fortune didn’t last long‚ because with the 1930’s came a period of serious economic recession‚ a period called the Great Depression. By 1933‚ a quarter of the nation’s workers (about 40 million) were without jobs. The weekly income rate dropped from $24.76 per week in 1929 to $16.65 per week in 1933 (McElvaine‚ 8). After President Hoover failed to rectify the recession situation
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