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Who was affected in the Great Depression

Page history last edited by daylen.vallejo@... 8 years, 4 months ago

Who Was Affected in The Great Depression And Where Was It

 

 

 http://www.english.illinois.edu/maps/depression/about.htm 9-22-11

 

During the great depression, there was worldwide loss in jobs and an enormous stock market crash throughout the world. In virtually every market throughout the world there were stocks falling like a rock in what it seems was overnight. The major shocker to most people was the fact that it happened in such a short period of time and literally everyone throughout the world was panicking. there was a major loss in jobs throughout America and Europe. this also may have contributed to the start of the second world war. many believe the savior of the great depression was this war as many were employed to make weapons and planes for the war. the worlds stock market was in such a bad way that many countries in Asia and Europe enforced bans on imports from other countries as they couldn't afford them. many other countries increased tax rates in a desperate effort for the government to gain control of the situation. the USA meanwhile gave it's citizens some financial compensation but for most, it wasn't enough. Even the rich suffered as many were strongly linked to the stock market and it was a big piece of their income (Nelson).

 

 

http://www.english.illinois.edu/maps/depression/about.htm  9-15-11 

 

 

 

http://www.eyewitnesstohistory.com/snprelief1.htm 9-29-11

 

     A major portion of the people who were affected in the great depression were minority groups. This was sitill a time of racial segregation and as hard as it was for them to get jobs before, they made up most of the unemployed in the great depression. Also, there were large amounts of Mexican workers who were deported during this time as there were many more qualified people trying to take their place. During this shortage of work in the southwest, over 400,000 Mexican workers were deported back to Mexico. As such, they were struggling lower class families without a job and most had no food to get by. There was another problem as many lower class families immigrated from Europe to the east coast. Food was their major business and many opened up their own shops and as such, many are still here today. the reason being they didn't need to pay many people and were family operated so they could find work easy. They also had problems as well though as many didn't have money or enough of a customer base to survive. The ones that did though helped, by a small margin, to give some people jobs ("America in the Great War").

 

http://www.english.illinois.edu/maps/depression/about.htm  9-15-11

 

 

 

During the great depression, world war one veterans who were promised financial compensation suffered. These veterans had been promised money from the government called service certificates in 1924 that would be redeemable for many in 10 years. They wanted them early to help them out of the great depression. The government denied them and because of that, in 1932 they protested at the Capital in Washington DC (Gravlund).

 

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