Available jobs during the Great Depression included working as servants or clerks, jobs in textile factories and positions with one of the railroad companies. There were jobs available but, with so many people unemployed, there was fierce competition for steady employment.Know More
During the height of the Great Depression, 37 percent of all nonfarm workers were without jobs. It was a time when families fell apart and people lost their homes and farms. Farmers couldn't sell their crops, so more than 750,000 farms were lost to foreclosure and many people starved. Women and children found jobs where they could, and the men, whose job it was to support their families, felt useless when they had to rely on their families to support them.
The Depression brought with it a halt to industrial production and construction. African-American women were often the first to be laid off from domestic positions and white women took their places. Women found jobs as seamstresses, maids and servants. Many people also built toys from home for a salary of around $5 per week.
The Great Depression lasted from 1929 until the United States entered World War II in 1941. It wasn't until then that more jobs were created and the economy began to rebound.Learn more about US History
As a result of his commitment to balancing the federal budget and his business-friendly policies, President Calvin Coolidge successfully strove to maintain the economic good times the United States enjoyed between the short depression that occurred immediately after World War I and the Great Depression. Other characteristics of "Coolidge prosperity" included rising wages, declining unemployment, decreasing inflation and a bull market.Full Answer >
The stock market crash and subsequent economic depression, known as the Great Depression, hit the deep South much harder than the rest of the country. Life was difficult for all Southerners, particularly African-Americans, during this decade, as cotton prices fell and the boll weevil wiped out crops on a large scale.Full Answer >
The Great Depression lasted for approximately 10 years, from 1929 to 1939. The stock market crash in October 1929 wiped out millions of investors and sent Wall Street into a panic. By 1933, 13 to 15 million Americans were unemployed, and almost half of U.S. banks had failed.Full Answer >
The Great Depression began in the United States in September 1929 and lasted through 1939. With the stock market crash in October 1929 the depression was felt worldwide, with most countries experiencing extreme financial hardship, some through the middle 1940s.Full Answer >