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American History Chapter 21-2

American History Chapter 21-2. Americans Face Hard Times. Effects of the Stock Market Crash. Great Depression : A severe economic crisis. Runs on banks caused thousands of banks to shut down. Effects on farmers: Increased poverty meant Americans were buying less food.

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American History Chapter 21-2

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  1. American History Chapter 21-2 Americans Face Hard Times

  2. Effects of the Stock Market Crash • Great Depression: A severe economic crisis. • Runs on banks caused thousands of banks to shut down.

  3. Effects on farmers: • Increased poverty meant Americans were buying less food. • High supply/low demand led to lower prices. • Hundreds of thousands of farm foreclosures occurred. unemployment foreclosures

  4. Unemployment rose dramatically. • 25% of American workers were unemployed by 1933. • Places like Harlem were at 50% unemployment. Irony?

  5. Impact on Those Hit Hardest • Increased poverty due to lost jobs. • People begged, went to soup kitchens, or went without. • Hoovervilles: The homeless developed shantytowns.

  6. People coped in different ways: • Hoboes: Jobless wanderers hopping trains looking for work. • Millions were teenagers.

  7. Emotional stress: • Many felt personal failure & shame. • Total despair. • Anger. • Suicide rates increased.

  8. Nature & carelessness add to the problems. • Great Plains was hit by a severe drought or dry period. • The careless practice of plowing up all of the land led to catastrophic dust storms. • Hardest hit area known as the Dust Bowl. • People, known as Okies, fled the Great Plains to seek out jobs elsewhere. • Woody Guthrie wrote songs about the Dust Bowl.

  9. The Dust Bowl

  10. Bye Bye Birdie

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