USA HISTORY

Detailed explanation-1: -Hundreds of thousands of transients roamed the country during the Great Depression looking for food, shelter, and work. Many families stayed at home for entertainment and played board games and listened to the radio together.

Detailed explanation-2: -Some people chose to hunt for their food. Some people harvested their own bees to make honey. Other people went to soup kitchens, which are places where people can go and get a free meal. Since many people needed a free meal during the Depression, they often had to wait for hours in long ‘soup lines’ to be served.

Detailed explanation-3: -Causes of Great Depression The failure of banks, which was the impact of the stock market crash as more people withdrew their savings from the banks leading to closure. Reduction in purchases due to diminished savings. The passing of Smoot-Hawley Tariff or the Tariff Act of 1930, imposed high taxes on imported goods.

Detailed explanation-4: -The Great Depression began in 1929 with a steep fall in New York Stock Exchange and continued well into the mid-1930s. During depression agricultural prices fell, industrial production came to a halt, and millions of people became jobless and homeless.

Detailed explanation-5: -The U.S. economy shrank by a third from the beginning of the Great Depression to the bottom four years later. 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%.