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Great Depression Effects On America

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Great Depression Effects On America
The Great Depression impacts on Americans The Great Depression was a worldwide economic depression event during the 1930’s. It affected Americans greatly causing many to lose jobs and homes. Even the wealthy had a hard time during the depression as well. It was a very difficult time period to live in for everyone in the nation. The Great depression had a major impact on the Americans homes. An article by Tom DeGrace in stockpicksystems.com states “By 1934, nearly one-half of all residential loans were delinquent and over 1 million families lost their farms. In 1932 alone, 273,000 families were evicted from their homes.”. Many families lost homes and some lived in tents and broken down vehicles with no water and electricity named “Hooverville”. All due to the massive employment rate drop caused many to be evicted. The peak of the unemployment rate was in 1933 when there was 24.9% unemployed in the United States. Meanwhile people with jobs did not have an easy-going time during the Great Depression. Great-depression-facts.com states “The average income of the American family dropped by 40 percent from …show more content…

An article on pbs.org states” By 1940, 2.5 million people had moved out of the Plains states; of those, 200,000 moved to California.”. However they were not welcomed especially in California. The article continues to say The Los Angeles police chief went so far as to send 125 policemen to act as bouncers at the state border, turning away “undesirables”.The articles continues stating “Arriving in California, the migrants were faced with a life almost as difficult as the one they had left. Many California farms were corporate-owned. They were larger and more modernized that those of the southern plains, and the crops were unfamiliar.”. Even when they arrived to California or any other state they fled to it was still hard and very different compared to their lives back from where they came

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