0
During the Great Depression, my grandfather was a small town sheriff. When many were out of work, he had a job. The same is true for teachers. When he had the cash, others did not. So he bought up a music store, a well drilling business, and several apartments which were foreclosed. Having the cash is the key. If you have cash, you have power. Power to buy what others cannot own. He bought, bought, bought...The KEY is....be debt free, have as much cash as possible, and then buy wisely. People will always need basics.
What else can I help you with?
What is the cost of goods and services in New Zealand during the great depression?
New Zealand suffered during the Great Depression because the New Zealand economy relies largely on exports. During the depression there was no demand for any of the products we have to export, and therefore there was no circulation of money.
How did Argentina get out of the great depression?
Argentina deals with a 12 year cycle of economic depression. This makes them more accustomed to being able to cope with economic downturns. Natural habits bring the country back on its feet.
What was life like as an unemployed person in the Great Depression?
The major crash of the stock marketin Wall Street, and bank failures, factors contributing to the great depression, had much impact on many countries and and its people, Australia being one of them. Many were left with no jobs, and no jobs means no money, no money means no food, no home. 1932 was the worst year of the depression for Australia, and it was a time of desperation; unemployed people became beggars, were traumatised, accepted any kind of job, went through poverty, divised short term solutions that didn't last long, men were laboured, people who did occupy a job were underpaid, people sold their possessions, their land, lived in camps, worked in unpleasant sweatshop conditions, fled before rent/board pay was due and had rations. These were coupons or tickets, used in exchange for food; milk, bread and cereal. THis time was known to Australians as 'living on the susso'. Many were left homeless. It was an awful time and hopefully it won't happen again.
What happens during inflation?
Too much money chases too few goods. So the price of everything goes up.
What reason best explains why nearly 80 million Americans spent money to go to the movies each week during the 1930s?
During the 1930s, nearly 80 million Americans flocked to the movies each week primarily as a form of escape from the harsh realities of the Great Depression. Film provided an affordable means of entertainment, allowing people to forget their struggles and immerse themselves in captivating stories and glamorous worlds. Additionally, the rise of sound films and Hollywood's star power attracted audiences, making cinema a popular social activity.
How much money did people make during the Great Depression?
Nothing they where jobless
How could people pay for their houses during the great depression?
by raising money
What was the biggest problem during the Great Depression?
=The biggest change during the great depression was the way money is handled. The way money was handled was way different then it is now.=
What problems did people have during the Great Depression?
No Jobs,No money,no Housing,No food,and no vehicles :(
How did people during the Great Depression lose money?
MILLIONS From rich people, and por people lost everything.
What did money have to do with the Great Depression?
The great depression was a time where many people could not make much money, and it was hard to make money.
Why did banks fail during the great depression?
People kept on getting money after money and the bank didn't have any more money to give out
Why did so many people end up homeless during the Great Depression?
So many people ended up homeless during the Great Depression becuause they lost there jobs and had no money.
How can I make an alphabet book of the Great Depression when I can't find a word that starts with Q?
How about this? During the Great Depression, people learned that the QUALITY of life did not depend on how much money they had.
How did blacks earn money during the great depression?
they loved them
What were some struggle during the Great Depression?
The Great Depression was an economical crisi that effectd peoples jobs and money. some people had to move from town to ton looking for different jobs.
What was life like in west during the great depression?
Times were tough, many people killed themselves over the great loss of money
