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: warm 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 come out off prevailers, subdue wages and make other savings. much than 60% of the workers in Chicago who kept their jobs had their wages skip by a half or more. The unemployed suffered non only leanness but misery. Poverty and Despair: nearly men begged or became hoboes, riding the freight trains in look of work. Transient camps were cross off up made of stateless and unemployed nation. Others relied on soup kitchens and breadlines - but this private unselfishness soon ran out. Al Capone unfastened one of the first breadlines to sieve and gain publicity later the St Valentines Day massacre. Hunger and unwellness grew over the poor diets flock were n ow living on. hoi polloi 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 entangle like failures if they could not find work and women who worked were accused of victorious mens jobs. Many were fired a practice which was endorsed by the major union, the Federation of Labour.

Married women in particular prime getting work hard. While people in the towns went hungry, farmers leftover 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 macrocosm 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. abolish to confidence Bank failures: As the effects of the Crash took hold, millions of savers indigenceed their money derriere from the banks either to pay back debts or...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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