Wall Street Crash

The consequences of The Wall Street collapse Depression: only a small amount of Americans had shares. Less than 1% off the population. Unemployment: roughly employers were slow the fire sketchers and only did so when there was no alternative. But, to a greater extent and more were force to couch off go baders, subdue wages and make other savings. more than 60% of the workers in Chicago who kept their jobs had their wages vamoose by a half or more. The unemployed suffered non only leanness but misery. Poverty and Despair: virtually men begged or became hoboes, riding the freight trains in search of work. Transient camps were cross off up made of unsettled and unemployed nation. Others relied on soup kitchens and breadlines - but this private munificence soon ran out. Al Capone unfastened one of the first breadlines to set about and gain publicity later the St Valentines Day massacre. Hunger and nausea grew over the poor diets flock were now living on. passel ate berries, wild plants and begged. steady garbage cans were raided. Families faced problems as a result of overcrowding. The spousal relationship rate fell, husbands matte up like failures if they could not find work and women who worked were accused of taking mens jobs. Many were fired a practice which was endorsed by the major union, the Federation of Labour.

Married women in particular assemble getting work hard. While people in the towns went hungry, farmers left(p) crops unharvested because prices were so low. Miners starved whilst coal stocks piled up, and their children lived on weeds and dande! lions. Brought up to believe that anyone could make good if they really tried, Americans felt more ashamed of existence destitute than rebellious about it. Some did find work - ion sweatshops for $1.10 per week or 5 cents an minute in the sawmills of Connecticut. oddment to confidence Bank failures: As the effects of the Crash took hold, millions of savers treasured their money derriere from the banks either to pay back debts or...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com

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