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Q: Poverty rate in New York city during the great depression?
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What happened in America on October 29 1929?

October 29, 1929 is known as Black Tuesday. It is the day of the Great Wall Street Crash of 1929. It is known as the worst day in stock market history. Investors panicked and everyone starting selling their stocks all at once. Panic hit the country and over 16.4 million shares of stock were sold. Since everyone was selling and nearly no one was buying, stock prices collapsed. It is a day that devastated the economy and was a main factor in the beginning of the Great Depression.


What is the cost of living in New York?

here is a great article on what the costs of living in New York are http://www.earthcosts.com/showthread.php?t=17


What were Benjamin Seebohm Rowntree's findings from his study 'Poverty a Study of Town Life' in some detail?

Rowntree's poverty line was set at 21s 8d (just over £1). This was how much he calculated was needed to live. 27% of the population of York lived around this line, according to his findings, which were gleaned from interviewing 2/3 of the population, gathering information from factory owners as to their employees' wages, and also talking to parish priests. Rowntree then divided this into two categories. He surmised that 18% of households in York lived in 'secondary poverty'; earning more than 21s 8d, but with most of this money going on rent, food, fuel and sometimes 'wasteful' uses such as alcohol. 10% of households were said to be in a state of 'primary poverty', unable to afford basic necessities such as food, fuel or rent. Rowntree also came up with the idea of the poverty cycle; a newly married couple would be well off until they had children, but their fortunes would improve when their children also became wage earners and then decreased again when they were no longer able to work.This tied in with the findings of Charles Booth, who had done a survey on the poor in London and concluded that 31% of households there lived in poverty, including 10% who lived on the verge of starvation and often turned to crime. (It should be noted that Booth's poverty line was actually set at between 18 and 21s). Both these investigations brought to the fore the extent of poverty both within the capital and in less industrial, prosperous places such as York. By showing that poverty was circumstantial and not the fault of the individual it changed working class attitudes to social reform and made people see that the government's 'laisser faire' attitude did not work and more needed to be done.


The region of least economic growth during the eighteenth century was?

New York


What were the economic activities of new york during 1600-1700?

ummm who knows not me.....

Related questions

What was New York City like during the Great Depression 1929 to 1939?

The biggest HooverVille was in Central Park.


Where is Annie set and what accents do they have?

Annie is set during the Great Depression in New York City. Accents used would be from the wealthy and poor who lived in New York during that era.


Were there any New York professional baseball teams during the Great Depression?

Giants Yankees DodgersBetween the years 1929 -1939, the years of the great depression, New York had 3 Major League baseball teams. The New York Yankees, the New York Giants, and the Brooklyn Dodgers (named the Brooklyn Robins from 1920 -1931).


Who was governor of New York when the Depression started?

Which one?When the Great Depression began, Franklin D. Roosevelt was the Governor of New York.


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 was the Great Depression like in New York?

every one lost money..


The Great Depression of 1929 was triggered by?

The stock market crash in New York


When did the Great Depression occur name one cause of the Great Depression?

The Great Depression started in October 1929 when the New York Stock Exchange crashed and everyone was poor instantly. Another cause of the Great Depression was over-farming in the Midwest which caused huge dust storms that ravaged crops.


What event propelled the us into the great depression?

Crash on the New York Stock Exchange


Where can you find original documents of the Great Depression on the Internet?

go to the new york times website. then go to the archives. type in "great depression" in the search. it will pull up articles from way back when.


Where did Ellen raskin live?

Ellen Raskin was born in Milwaukee, Wisconsin, and grew up during the Great Depression. She later died in New York City, and was known for her work as a children's author.


What state did the great depression start?

new york and speared all over the u.s. new york and speared all over the u.s.