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The middle classes were still there during the Great Depression. Any suggestion that everyone was reduced to grinding poverty is inaccurate.
The difference during the Depression was that employment was very much lower, so that the number of "middle class" individuals decreased as a percentage of the population. Many of those who were still working also received less income, and the availability of consumer goods was sharply diminished.
Wiki User
∙ 14y ago
Wiki User
∙ 11y agomany middle class that had money in the stock market suffered lost money became drifters others lived in hoovervilles and others had low paying jobs that just barely kept them going
Wiki User
∙ 9y agoThe Great Depression caused middle class families to lose their homes and possessions. They would have likely lost jobs that allowed them to have their homes and possessions.
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Are we in a depression right now and will it get like the Great Depression in 1939?
We are more in a recession, not a real depression, but it will have similar characteristics due to the government because the government will take control of everything and eliminate the middle class in a Marxist fashion. Like in the Great Depression, there is only really rich, and poor.
What was the unemployment percentage during the Great Depression according to class of society?
The unemployment rate was 25% during the Great Depression.
What was life like before the depression?
Life in the South for the upper middle class was carefree
How does industrialization affect The Emergence of a Middle Class?
Urbanization and middle class relate to industrialization in the sense that the middle class form the larger part of the industry's labor force and urbanization provides this pool of laborers.
How did the growth of a new middle class affect feudalism?
it will stop the system
Are we in a depression right now and will it get like the Great Depression in 1939?
We are more in a recession, not a real depression, but it will have similar characteristics due to the government because the government will take control of everything and eliminate the middle class in a Marxist fashion. Like in the Great Depression, there is only really rich, and poor.
What was the unemployment percentage during the Great Depression according to class of society?
The unemployment rate was 25% during the Great Depression.
What effect did the Great Depression have on the economic policy of the US?
In 1935 FDR signed a Presidential order legalizing collective bargaining. This was the beginning of the middle class in America.
What drinks could the people afford or have after the Great Depression?
Horse sperm shots were fairly common among the middle and upper class after the great depression, if horses werent avaliable they would mix their own sperm with urine and share it with the other people in their household. ;)
What was life like before the depression?
Life in the South for the upper middle class was carefree
Why did president hoover follow a trickle down theory in order to combat the great depression?
Because he taxed the middle and lower class too much and it made things worse.
How does industrialization affect The Emergence of a Middle Class?
Urbanization and middle class relate to industrialization in the sense that the middle class form the larger part of the industry's labor force and urbanization provides this pool of laborers.
How did the great depression affect American cities in the early 1930s?
The entire fabric of American society was altered during the Great Depression. One percent of the American people controlled the wealth. The middle class Americans were now on a level with the previously poverty-stricken class. They lost jobs, homes, and entire ways of life.
What would a flat tax adversely affect the middle class?
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How did the growth of a new middle class affect feudalism?
it will stop the system
Why did president Franklin Roosevelt follow a theory of pump priming to combat the great depression?
Because he was a socialist.
What were there more of middle class houses or poor houses?
Poor people far outnumbered middle class in the Middle Ages. The serfs and other peasants were the great majority of the population, and the Middle Class was very small. So there were more cottages for poor people than middle class houses.
