1929 to WWII
Calderon, Isaiah Alonso, Angela Pazos, Amaris Juarez, Emely
The Great Depression ● Considered to be economic downturn in the history of the industrialized world (lasted from the stock market crash of 1929-1939) ● The 5 Causes: The Roaring 20’s, Occurring global crisis, Stock Market Crash, The Dust Bowl, The Smoot-Hawley Tariff Act
The Great Depression ● Began during the Stock Market Crash of 1929 ● Decline in industrial output so failing companies laid off workers ● By 1933, there were about 15 million unemployed Americans and about half of the country’s banks failed ● Video: https://www.history.com/topics/great-depression/great-depressio n-history
Hunger March ●
The unemployed organized a "hunger march" on the state capital of Olympia in March, 1933, pictured here by Depression-era artist Ronald Debs Ginther. 'Near Tacoma, Washington. March 1933. The Great Depression. King Co., and Seattle Contingent, Washington State Hunger March on Olympia.' 1933.
Impact on Communities ●
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At the beginning of the 1930s, more than 15 million Americans–fully one-quarter of all wage-earning workers–were unemployed. This crash put a lot of pressure on banks and caused a great deal of money to be taken out of the economy. During the Great Depression, there were 2 million homeless people in the United States.
World War II ● The cost of World War II exceeded $350 billion and the lives of 292,000 American servicemen. ● Led to labor shortages; when the men went to serve, women started working ● High school dropout rates increased, leading to the teenage work force.
World War II ● Despite rising wages and job opportunities, poverty rates also increased. ● 20 million people were bordering starvation. ● Shortage of housing, lack of hospitals, schools, and child health care facilities. ● Food rationing was scarce
Works Cited ● ● ● ● ● ● ●
http://www.ushistory.org/us/48.asp ttps://www.u-s-history.com/pages/h1692.html http://povertyhistory.org/era/great_depression/ https://www.warhistoryonline.com/history/top-5-causes-great-depression-economi c-domino-effect.html https://www.history.com/topics/great-depression/great-depression-history http://depts.washington.edu/depress/economics_poverty.shtml