34
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.
here is a great article on what the costs of living in New York are http://www.earthcosts.com/showthread.php?t=17
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.
New York
ummm who knows not me.....
The biggest HooverVille was in Central Park.
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.
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).
Which one?When the Great Depression began, Franklin D. Roosevelt was the Governor of New York.
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.
every one lost money..
The stock market crash in New York
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.
Crash on the New York Stock Exchange
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.
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.
new york and speared all over the u.s. new york and speared all over the u.s.