Great Depression Sheet story

From 1929 to 1941, America was in a time period known as the Great Depression. During this time many people were unemployed and in poverty due to problems such as the stock market crash and banking failures. The Great Depression mostly affected cities, farms, Hoovervilles, and the Dust Bowl. There were many problems during the Great Depression and there were many actions taken against those problems.

Americans faced many problems during the Great Depression. Unemployment was one of the most dramatic problems. Document 1, a bar graph by the U. S bureau of the census, illustrates that unemployment jumped from 3% in 1929 to 23% in 1932.Unemployment was a huge factor that caused poverty during the Great Depression.

Unemployed people received only a dollar a day from the governmental relief programs. But this wasn't enough. Those people lost their homes, were in debt, and were starving. Unemployment affected many people across the country including farmers and city workers.

The unemployment rates were triggered by the stock market crash of 1929, when businesses instantly lost money and had to lay-off workers . Americans struggled with unemployment during the Great Depression. The Great Depression caused Americans many other problems, as well.For example, the banking failure also created drastic poverty. Document 2, a photo and article, explains that banks began to collapse and industrial production ground to a halt. Banks across the country were collapsing and people everywhere in America were losing their life savings.

After people lost money in the stock market crash they panicked. The people tried withdrawing all their money from banks causing, the banks to close and many people to lose all the money in that bank. When all those people became destitute, they became homeless and unemployed causing businesses to lose money. Thus repeating the cycle that forced more layoffs.

Banking failures caused many people and businesses to lose money, greatly contributing to the severity of the Great Depression. Actions were taken by the government and the people to solve the problems faced during the Great Depression. The New Deal is example of the actions taken to solve the problems of the Great Depression. Document 6, a political cartoon by Clifford Berryman, on January 5th, 1934, shows that the New Deal had a lot of different laws taken to help end the Great Depression. When FDR was elected in 1932, there was a period of time referred to as the Hundred Days.The Hundred Days was when FDR passed many laws, these laws were known all together as the New Deal.

The New Deal programs helped people during the Great Depression. The New Deal consisted of relief, recovery, and reform programs. Relief programs helped people with $1 a day jobs. Recovery programs helped industry and farmers get back on track. Reform programs were meant to keep another Great Depression from happening. The New Deal was an action taken to solve the problems presented by the Great Depression.

During the Great Depression there were other actions taken against the many problems. One of those actions taken was the Social Security Act.Document 7, a letter, by Dr. Frances Townsend, in 1933, explains that men and women over the age of 60 will benefit from Social Security.

Social Security helped retired workers, disabled workers, widows, widowers, and children of deceased workers. Social Security gave a monthly check to the qualified people. To afford the Social Security Act, the government makes current workers pay the FICA Income Tax. The FICA Income Tax was 7.

65% of your income. All you had to do to qualify to receive the benefit was not to work anymore, have no criminal record, and spend the money they receive within thirty days.These people who qualified for the Social Security Act received $200 a month . The Social Security Act was an action taken to help appease the problems the Great Depression brought forth. There were many problems during the Great Depression and there were actions taken against those problems.

The Great Depression affected cities, farms, Hoovervilles, and the Dust Bowl the most. During this time many people were unemployed and in poverty due to problems such as the Stock Market Crash, Banking Failures, and much more. From 1929 to 1941, America was in a time period known as the Great Depression.