• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Did everyone suffer equally from the depression?

Extracts from this document...


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.


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.


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.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE USA 1919-1941 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE USA 1919-1941 essays

  1. The Roaring Twenties

    Famous sportsmen of the 1920's were, Jack Dempsey, a heavy weight boxer and Babe Ruth, the best Baseball player of the era. Owning a radio enabled people to listen to the sporting events, which they were The idea of introducing Prohibition had long been campaigned for during the 20's,

  2. The Roaring Twenties

    FILM * Silent movies were popular (Charlie Chaplin) until 1927 when the first 'talkie' the 'Jazz Singer'. * Going to movies became a national habit as 110 million went to cinemas each week. * It became a multi-million dollar business. SPORTS * Radio stations increased popularity of sports such as baseball, boxing and American football.

  1. The Roaring Twenties

    Their second belief was ''Tariffs'', tariffs was a tax charge which was charged on people for importing foreign goods, this was very expensive, the tariffs also protected US businesses against foreign competition and allowed American companies to grow rapidly. Their third belief was ''Low Taxation'', the Republicans believed in keeping

  2. The great depression.

    as the Nation League's, but this was because the ball was different in each league. Lou Gehrig hit .370 in 1930, and Babe Ruth hit .359 in 1930, in the American League (Noverr, Ziewicz 101). The lack of offensive production, and the economic status of our country contributed to the sharp decline in baseball attendance.

  1. What were the causes of the great depression?

    The banks then started re-calling loans, but because there were so many small banks who had lent out money unwisely this led to over 5000 banks collapsing in the space of 6 months. This then led to many more businesses collapsing, as the majority of the country had no money

  2. History Coursework 2 - The Great Depression

    Some of the people that they may be targeting are farmers. This is as they were unable to pay the mortgage on their properties during the depression. This indicates that there was even a lack of demand for basic needs such as food, due to severe poverty.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work