THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Had little community and family support upon which to rely
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were forced to migrate from the South to find work in northern cities
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had to fight repatriation efforts by local, state, and federal government officials
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faced discrimination when competing with white Americans for a limited number of jobs
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Detailed explanation-1: -While no group escaped the economic devastation of the Great Depression, few suffered more than African Americans. Said to be “last hired, first fired, ” African Americans were the first to see hours and jobs cut, and they experienced the highest unemployment rate during the 1930s.
Detailed explanation-2: -More important was the impact that it had on people’s lives: the Depression brought hardship, homelessness, and hunger to millions. jobs, were evicted from their homes and ended up in the streets. Some slept in parks or sewer pipes, wrapping themselves in newspapers to fend off the cold.
Detailed explanation-3: -Real GDP fell 29% from 1929 to 1933. The unemployment rate reached a peak of 25% in 1933. Consumer prices fell 25%; wholesale prices plummeted 32%. Some 7, 000 banks, nearly a third of the banking system, failed between 1930 and 1933.
Detailed explanation-4: -Mexico. Mexico’s economy experienced a decline in the early onset of the great Depression because of its close ties with the US, which experienced an economic collapse after the Wall Street Crash in 1929.