How did the stock market contribute to the Great Depression?
The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America’s banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.
What were the causes of the Great Depression?
While the October 1929 stock market crash triggered the Great Depression, multiple factors turned it into a decade-long economic catastrophe. Overproduction, executive inaction, ill-timed tariffs, and an inexperienced Federal Reserve all contributed to the Great Depression.
What were popular jobs in the 1930s?
The most common jobs for them before the depression were domestic servants, teachers, nurses, and doctors. Men at the time had different job oprotunities. but very little jobs were availible. They worked as labourors, farmers, militaary jobs, firemen, police, and government jobs.
What was a woman’s role in the 1930s?
When Depression hit, women sought employment out of the house: nurses, school teachers, beauticians, cleaning ladies (maids/cooks), secretaries, and manufacturing occupations (sewing). According to the Censuses taken in 1930 and 1940, the number of women holding professional jobs increased by 20.
What it was like being a woman in the 1930’s?
By the 1930s, women had been slowly entering the workforce in greater numbers for decades. But the Great Depression drove women to find work with a renewed sense of urgency as thousands of men who were once family breadwinners lost their jobs. While jobs available to women paid less, they were less volatile.
Why did people go to find work during the Great Depression?
In the middle part of the US, when the depression occurred during the drought season, farmers quickly lost their lands and many became migrant workers. They travel around the country, hoping to find work for all members of the family in exchange for a meal or a place to sleep.
How did people try to survive during the Great Depression?
Hunting and fishing were major ways in which families were fed. Everyone, including the kids, found ways to earn money. There was a team mentality that brought everyone together for a common goal.