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"Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives."
Chuck Palahniuk |
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"Recovery measures work better when they raise confidence - as Franklin D. Roosevelt understood. His fireside chats, and his inaugural address proclaiming he would fight the Great Depression with the same resolve he would muster against a foreign foe, were aimed at reassuring Americans."
Christina Romer |
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Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression. |
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From the start of the great depression unempolyment was low but by the end it increased 4.01 million peole were out of jobs. |
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"Unemployment Statistics during the Great Depression." Unemployment Statistics during the Great Depression. N.p., n.d. Web. 12 June 2014. |
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Income around 10,000 dollars was only made by 2.3 percent of average homes |
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"Digital History." Digital History. N.p., n.d. Web. 12 June 2014. |
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Price of stocks drop to $30 by 1932 |
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"Digital History." Digital History. N.p., n.d. Web. 12 June 2014. |
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The peak of the great depression was between 1932-1933 |
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"Great Depression." Facts. N.p., n.d. Web. 12 June 2014. |
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By 1940, 2.5 million people had fled the Great Plains. Roughly 200,000 moved to California. |
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"Great Depression." Facts. N.p., n.d. Web. 12 June 2014. |
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Some 6,000 street vendors walked the streets of New York City in 1930 trying to sell apples for 5 cents each. |
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"Great Depression." Facts. N.p., n.d. Web. 12 June 2014. |
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While 1933 had seen a dramatic growth of unions and many serious strikes, 1934 witnessed an eruption. There were 1,856 stoppages that year, by far the largest number since World War I. |
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"U.S. Department of Labor -- History -- Americans in Depression and War." U.S. Department of Labor -- History -- Americans in Depression and War. N.p., n.d. Web. 12 June 2014. |
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