9/19 • Based on our class activities, describe how the following groups of Americans were impacted by the Depression: – Men – Women – Children – Immigrants – Farmers The Hardships of the Great Depression What are the facts? • Upon the crash of the stock market, depositors began to “rush” the banks to withdraw their money • However, banks did not have the money to cover customers withdrawals due to bad investments & loans • Overall, over 5,000 banks closed during the depression, & $3.2 billion were lost What are the facts? • In addition to losing money, Americans also lost their jobs • Unemployment reached 25% by 1933 • Minorities were usually the first to lose their jobs • Some states even created laws forbidding the hiring of married women for certain male oriented jobs. What are the facts? • Due to the troublesome times, many people began to turn to soup kitchens and bread lines for meals and warmth • Before 1933 (pre-FDR), relief programs were only provided by local gov’ts and charities. The federal gov’t did not provide any relief What are the facts? • Most Americans had a negative attitude toward public assistance anyway • Some states even took away rights of those collecting relief (voting, owning property, etc.) What are the facts? • American families were also torn apart – Men had difficulty coping; 2 million left families behind; suicide rate increased by 30 % – Women, if employed, were blamed for male unemployment; some even starved to death to feed their children – Children were suffering from malnutrition, which led to illness & disease; school closed & many children worked menial jobs What are the facts? • Due to bank closures & unemployment, people began to lose their homes • Many families lived in crowded, unheated tenements apartments • Others resorted to living in shantytowns, also known as “Hooverville's” (WHY?) • These “towns” were overcrowded & had sanitation problems. Dust Bowl • Farmers who had suffered economic hardship even before the stock market crash were hit the hardest during the Depression • During the 1920s, many farmers were deeply in debt due to large bank loans and low agricultural pricing • During the Depression drought, grasshoppers, bank failures, and dust storms further tormented farmers • Another problem that caused the Dust Bowl is lack of crop rotation Dust Bowl • Another problem for farmers was when the government passed the Hawley Smoot Tariff in 1930 – This was the highest protective tariff in U.S. history – Purpose was to help the growth of American industry and growth – How would Europeans or other foreign nations respond to a U.S. tariff on our goods at a time when majority of nations are suffering? • The tariff actually hurt the U.S. economy rather than helped – Increased U.S. unemployment – Decreased world trade by 40%