- NEW!
by Saltlick on January 25th, 2008
2/3 of the workers were doing ALL the work and were working for peanuts while the other 1/3 was unemployed.
Basically a lot of mistakes were made like increasing production because supply exceeded demand and prices were dropping. Companies were going out of business when a huge underclass wasn't buying. The government was clueless what to do. Most importantly there was no minimum wage law, which is the solution.
The Industrial Revolution was still new and society just didn't yet know how to work it well.
by MG1942 Has a Life Penguin on May 1st, 2007
The scientists started working on Prozac:-)
by BayAreaBiker on January 30th, 2009
Pretty much what is happening now. People losing jobs, homes, stores going bankrupt, and relying on government programs just to survive.
by steveisiew on September 27th, 2008
Watch the Video by googling the word "Money Masters" and watch the first video on the list. The federal Reserve, the world bank and the IMF are evil banks.
-_SS--
by jin jang on January 25th, 2008
The dollar value collapsed,the housing prices dropped substantially,there was a run on the banks which had to close down.The stock market went down then there was panic and massive selling of stocks that lead to it's collapse.Middle class society was in peril,and many lost everything.There was few social programs that could help the massive unemployment and food lines were needed to feed the poor.It was the time of the "dust bowl" and a drought causing farmers to loose everything.The few that could hold on,and the rich profited from the depression for they could by property and goods at 10 cents on the dollar.
by Little Bo Peep on January 25th, 2008
Base jumping was invented. Lots of weeping. Seriously, people were starving and homeless by the thousands.
Sadly, I think we might get to see it in the next decade or so.
by chaco on January 25th, 2008
people were depressed because of the bad economy
by dawehrfgsdfa on January 25th, 2008
Nothing
Where is Parris Island?
by Answerbag Staff on February 1st, 2011
| 2 people like this
Where can you find the Statue of Liberty?
by Answerbag Staff on January 31st, 2011
| 1 person likes this
Is censorship progressive or regressive? Defend your answer.
,.
by einsteinwasright0116 on January 28th, 2012
| 2 people like this
What is the mileage from Scottsdale to Tombstone, Arizona?
by Answerbag Staff on January 31st, 2011
| 1 person likes this
Who is the Lt. Gov. of your state?
by koston100 on January 26th, 2012
| 1 person likes this
You're reading What happened during the Great Depression?
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Comments
Can one live primarily from peanuts?
And, what was the street value of a peanut at that time?
Ignore those two questions.
It was a very gray area in that maturation of society
when mankind verged upon the adolescence of its existence.
by Kevisaurus is a Carnotaurus today on January 25th, 2008
It's purely an economics issue. Mankind's existence is a much broader field than that.
by Saltlick on January 26th, 2008
It's especially kinder for men when there are lots of broads around.
That's an economical existence too, in a financial kind of way.
by Kevisaurus is a Carnotaurus today on January 26th, 2008
Lol
by Saltlick on January 26th, 2008