Thursday, October 29, 2009

32.2-A country in Economic Distress

32.2-A country in Economic Distress
-During the economic distress, a lot of Americans were jobless.
A. Rising Unemployment Affects Millions of Americans
-1 out of 7 businesses failed from 1929 to 1933
-many unemployed Americans tried to find work
-companies will first fire young people, elder, and then minority workers
-non-white Americans unemployment had rose 50 percent (there were only 10percent of the population)
-struck men harder than women, but after employer started to fire women
-many companies were force to close
B. Farmers Lose Their Farms
-before the depression began the farmers had already faced the economic troubles
-farmers sold their farms, but they usually received less money for their land
-some can’t pay for the rent, so the landowners forced them to leave
C. Financial Woes Stress American Families
-not only financial but also psychological stress
-unemployed felt ashamed; men felt they lost their status and authority. (suicide rate rose an all-time high)
-people struggled
-the marriage rate decreased 22 percent from 1929 to 1933
-the birth rate also decreased

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