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Did everyone suffer equally from the depression?

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Introduction

Did everyone suffer equally from the depression? Introduction The Great depression affected the lives of the American people greatly. The most important thing in many people's lives was jobs. The Great depression stripped many people of their jobs and left them on the street waiting in line for charity soup. The depression was a source of poverty for many people in America. It was not a depression for everybody though; some people did not get hit so badly. In this essay, I will outline who suffered from the depression and who didn't. I will also draw a conclusion if everyone was suffering equally during the depression. Main Many different people suffered from the depression, and some actually didn't. Below I am outline the two different types. Farmers were already in a bad state from the actual roaring twenties. This was because the produced lots of excess crops, and there was a lot of surplus. When this happened, the prices of crops fell, and they were not worth much anymore. Therefore, farmers lost out on money and got generally low incomes. ...read more.

Middle

When the banking crisis started, people who did not manage to get their money out of banks and keep it at home, lost all of their money. Also, a lot of immigrants lost a lot of their money when the New York main bank went bankrupt. The rich lost a lot too because they invested a lot of their money. These people actually became very poor and were unable to pay their mortgages on time and so they were kicked out of their homes. When this happened, a lot of people became hoboes or tramps and went to live in dumps, where they would make houses out of raw materials and eat food from dumps. The dumps were called hoovervilles, and a lot of migrants lived here. People used to eat scraps off the floor, pretending not to notice the maggots on the old meat. Hoovervilles were massed of waste land where people would build their houses from any materials they could find. These people also went to so called soup kitchens which charities would organize. ...read more.

Conclusion

The same was for farmers. Farmers suffered a lot in the respects that they never really had any good income. They now had to leave their homes and also defy the law sometimes. They were very badly hit, as they had not money at all, not even in banks. Farmers had never really taken any pert in stock marketing. The poor also suffered equally with farmers, as they started off poor in the roaring twenties, so they had no money now. Because a lot of speculators had lost a lot of money, they also lost out a lot as well as working class people. Many migrants lost out too, but they were not doing very good to start with. So in reply to the question, no, not everyone suffered equally, farmers, Black people and the poor in the boom lost out the most. They were the ones who suffered most, and so to say equally. People who had invested and had been laid off companies were next, they suffered a lot but still had money from banks and excess. However there were still some people who were very rich at the time, and so still had a lot of money. They did not suffer a lot. ...read more.

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