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Great Depression - Essay

Great Depression

Great Depression USA

* The official beginning of the great depression was when the stock market crashed on Black Tuesday, October 29, 1929. Stock prices plummeted and with no hope of recovery panic struck.

* 13 Million people became unemployed

* In 1932 34 million people belonged to families with no regular full time wage earner

* The Great Depression brought a rapid rise in the CRIME RATE as many unemployed workers resorted to theft to put food on the table. Suicide rates rose, as did reported cases of malnutrition. Prostitution was on the rise as desperate women sought ways to pay the bills.

* Popular culture saw new trends as well. Despite the costs of an evening out, two ...

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Maycomb County, as the author describes it, was in a state of economic decline. Communication with outlying houses depend on dirt roads, and all the county inhabitants, whether professional people or farmers, are poor.

* Rural, southern towns in the United States were hit hard because they were largely reliant on agriculture. People lost jobs, marriages broke down, banks failed, people became homeless, businesses folded, birth rates fell, people got depressed and many people went hungry. This explains the situation of poor farmers like the Cunninghams in To Kill a Mockingbird who have no money to pay a lawyer but pay instead with produce like hickory nuts and turnip greens. As Atticus says, 'The Cunninghams are country folks, farmers, and the crash hit them hardest

* There were multiple causes for the first downturn in 1929. These include the structural weaknesses and specific events that turned it into a major depression. Historians say that structural factors like ...

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PAPER DETAILS

Added: 9/11/2013 05:14:41 AM
Submitted By: amrdoran
Category: Economics
Type: Free Paper
Words: 397
Pages: 2

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