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Who were the first individuals to be hit hard by the stock market crash and the Great Depression?
farmers
How did Ireland live while the Great Depression?
Ireland was hit particularly hard by the Great Depression. Employment in the mining and industrial areas were at 70 percent. Millions lost their jobs and had to depend on the government dole to survive. One reason it hit so hard was because the United Kingdom had not fully recovered from World War I.
How did the Great Depression affect Japan?
The Great Depression had not affected Japan as severely as it had other nations. In the late 1930s, she began to flex her muscles. The war with China in 1937 was just the beginning. Japan's military leader, General Hedeki Tojo, along with some other leaders, wanted to prove Japan was a world power.
Which country was strong economically during the Great Depression?
The US was better off than any of the European nations, Germany was especally hard hit.
What New Deal programs was designed to promote economic and infrastructure development in a region hit especially hard by the Great Depression?
the tennessee valley authority
Why do the people of Maycomb have no money in the book To Kill a Mockingbird?
The rural south was hit hard by the Great Depression, and this story takes place shortly after that event.
What was hit the hardest in the Great Depression?
The farmers in Kansas.
Why did banks get hit very hard by the events of October 29?
On October 29, 1929, the stock market crashed, leading to widespread panic and a massive loss of wealth, which severely impacted banks. Many banks had heavily invested in the stock market and faced significant losses, leading to insolvency. Additionally, as depositors rushed to withdraw their savings, banks faced liquidity issues, resulting in a wave of bank failures. This event initiated the Great Depression, further exacerbating the financial crisis faced by banks.
Where did the Great Depression hit the most?
It happened most in the 1720s.
What were the problems of rural areas I am The Great Depression?
Rural areas were particularly hard hit during the great depression because of a concurrent drought that affected America's major agricultural areas. Food and commodities prices fell large amounts putting even more economic stress on rural communities. Rural areas were particularly hard hit during the great depression because of a concurrent drought that affected America's major agricultural areas. Food and commodities prices fell large amounts putting even more economic stress on rural communities.
Why was Phar Laps story so infamous?
because he was, in essence, the horse that saved the nation. Australia was hit hard by the great depression, and he gave people who were really struggling hope.
How did the automobile economy have a problem during the great depression?
During the Great Depression in the US, almost all businesses were hurt by this serious economic downturn. This included US auto manufacturers. With unemployment rates near 25%, car sales were hit hard, and as with other industries there were layoffs of workers.
