Economy of By: Bruno Marques, Matthew Hamill, Brandon Spada www.docstoc.com.

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Economy of By: Bruno Marques, Matthew Hamill, Brandon Spada

Major Economic Issues  October 29 th 1929 stock market crashed  Dust Bowl put farmers out of work in Midwest  Credit card loans  World war 1  Unemployment was high  Mw Mw

How Issues Impact Individuals  Leads to deficit spending  Cannot get a job/ hard to find work  Farmers had to leave home  Caused families to be homeless  Die or become ill msdegenhardtce9.pbworks.com

Average Income  Farm income dropped 12 billion from 1929 to 5 billion 1932  National combined income dropped from 87.8 billion to 40.2 billion  American family’s income dropped 40 percent from 1929 to 1932  Yearly Income fell from $2,300 to $1,500 per year  If you have a job u could barely make enough to pass by

How People Make Ends Meet  Put children to work at young age  Had to live in Hoovervilles  Families crammed together and traded supplies  Had to find any job they could  Had to put off having more kids or having a marriage depts.washington.edu

Limitations On Race  Specific race determines your political power  Depending on where you lived determined your limitations  President Roosevelt opposed anti lynching  President opposed civil rights for blacks  Blacks had to create their own New Deal bookpatch.blogspot.com

Citations  "The 1930s: Business and the Economy: People in the News." American Decades. Ed. Judith S. Baughman, Et Al. Vol. 4: Detroit: Gale, U.S. History In Context. Web. 8 Oct I chose this source because it had a big amount of facts that were true. If it wasn't for the facts, then I wouldn't of chosen this article. This helped me also because I had a better understanding of the topic that I was researching.  Shafer, Leah R. "Living in the Dust Bowl (1934, by Anne Marie Low)." Dictionary of American History. Ed. Stanley I. Kutler. 3rd Ed. Vol. 9. New York: Charles Scribner's Sons, U.S. History In Context. Web. 14 Oct We chose this source for a reason. We chose this source because it explained how the economy was when the Dust Bowl occurred. One of the questions had to do with the effect on people. This source helped us with the reinforcement of information. Nearly 650,000,000 tons of dirt was blown during dust bowl which vehicles and crops were destroyed which meant that they couldn’t grow food.  “Great Depression.” Gale Encyclopedia of U.S. Economic History. Ed. Thomas Carson and Mary Bonk. Detroit: Gale, U.S. History in Context. Web. 9 Oct I selected this article because it provided many examples of economic issues facing our country. Another reason why I selected this article because it went into great detail about the great depression as a whole. It gave me a broad overview of information that I used to include into our PowerPoint.  TROTTER, JOE W. “African Americans, Impact of the Great Depression on.” Encyclopedia of the Great Depression. Ed. Robert S. McElvaine. Vol. 1. New York: Macmillan Reference USA, U.S. History in Context. Web. 9 Oct This article explains in detail of the limitations of what each race is capable of doing. This article states the struggles of what Africans Americans went through during this time period. This article shows how there were many acts included in the new deal going against African Americans which added on to the struggle of what they went through  "Education for African Americans." American Decades. Ed. Judith S. Baughman, Et Al. Vol. 4: Detroit: Gale, U.S. History In Context. Web. 14 Oct We chose this article because of the needed facts for African Americans; we found a ton of information here. This helped us because we got the information we needed.