Great Depression

             October 24, 1924, will always be known as "Black Thursday." In a matter of minutes the bottom dropped out of the stock market and panic sat in across America as the prices of stocks and bonds steadily skidded downward for three and one half years. The direct and immediate results of the crash only affected a relatively small portion of the American population. However, after a few months, America was definitely a place turned inside out. Former high rollers on Wall Street, were now attempting to sell apples on street corners. Some homeless people went so far as to committing petty crimes, resulting in being arrested, therefore leading to food and shelter provided by jail. The Depression touched almost every American. Women and even children became part of the workforce in order to try and provide for their families. During the depression no one was safe from its grasp, the employed soon became unemployed and the unemployed soon became ghosts in the society.
             Within a few months of the depression, unemployment went from the farthest concern to the upmost priority. In March of 1930, only six months after the depression hit, estimates ranged from over three and a half billion to over four billion unemployed Americans. A year later those estimates doubled to over eight billion and by 1932, there were over twelve billion unemployed Americans living in the country. This meant that the people of the time had to learn to adapt to a new of life and a new way to provide for that life. Jobs that were once thought meager, were now more popular than ever. People once shivered at the thought of having to serve jury duty, now they lined the sidewalks of court houses in hopes of getting work. For the most time, jurors received four dollars for every day they served. Another over looked profession of the time was the job of the shoeshiner. Before the crash they were almost non-existent, during the hard times there
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Great Depression . (1969, December 31). In MegaEssays.com. Retrieved 07:38, May 20, 2024, from https://www.megaessays.com/viewpaper/66583.html