The Great Depression did affect the upper class, but not nearly as hard as the working and lower class. Although many lost money in the Stock Market crash, most still retained their wealth and prosperity. It also caused tention between the upper and lower class. It is also known that the upper class did spend more money during the Great Dpression than they did during the 1920's.
The unemployment rate was 25% during the Great Depression.
It help very much.
The Great Depression left large numbers of Americans without jobs or food.
The Great Depression had a devastating impact on the middle class, as many faced significant job losses, reduced incomes, and the depletion of savings. Homeowners struggled with mortgage payments, leading to foreclosures and a loss of property. This economic turmoil eroded the middle class's sense of stability and security, forcing many to adapt to a more precarious lifestyle, often relying on government assistance or community support. Ultimately, the Great Depression reshaped the middle class, highlighting economic vulnerabilities and contributing to a lasting shift in societal attitudes towards wealth and security.
Countries around the world collapsed. (Apex)
When George W Bush Won the elections. When the working class voters abandoned the Republicans in the 1932, causing the Great Depression.
The unemployment rate was 25% during the Great Depression.
The Great Depression
Rugged individualism was arguably already in place, but the Great Depression strengthened this trait in working-class Americans. Decades later, these folks were still pinching every last penny and asking for help from no one.
It help very much.
The Great Depression left large numbers of Americans without jobs or food.
The Great Depression had a devastating impact on the middle class, as many faced significant job losses, reduced incomes, and the depletion of savings. Homeowners struggled with mortgage payments, leading to foreclosures and a loss of property. This economic turmoil eroded the middle class's sense of stability and security, forcing many to adapt to a more precarious lifestyle, often relying on government assistance or community support. Ultimately, the Great Depression reshaped the middle class, highlighting economic vulnerabilities and contributing to a lasting shift in societal attitudes towards wealth and security.
The Great Depression had a terrible impact on India. The economy was devastated, farmers couldn't keep their farms afloat, and there were multiple riots.
the depression might have been shorter and less sever
Newspapers from that time period, such as The Chicago Tribune, would provide firsthand accounts and insights into how the great Chicago fire affected working class families. Additionally, personal diaries or letters written by people who experienced the fire could also offer valuable perspectives on the impact on working class families.
John Steinbeck often wrote about themes related to social injustice, the Great Depression, and the struggles of the working class. Many of his works explore the human condition, the hardships of rural life, and the impacts of economic and societal changes on individuals.
Generally working class traveled around from place to place working for what little money they could earn in hopes of getting a better life one day while everyone else lived life as they might normally.