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This is how Americans survived the Great Depression in 1929.

 
Anonymous Coward
User ID: 73431649
United States
03/19/2020 10:09 AM
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This is how Americans survived the Great Depression in 1929.
For most Americans, the crash affected daily life in myriad ways. In the immediate aftermath, there was a run on the banks, where citizens took their money out, if they could get it, and hid their savings under mattresses, in bookshelves, or anywhere else they felt was safe. Some went so far as to exchange their dollars for gold and ship it out of the country. A number of banks failed outright, and others, in their attempts to stay solvent, called in loans that people could not afford to repay. Working-class Americans saw their wages drop: Even Henry Ford, the champion of a high minimum wage, began lowering wages by as much as a dollar a day. Southern cotton planters paid workers only twenty cents for every one hundred pounds of cotton picked, meaning that the strongest picker might earn sixty cents for a fourteen-hour day of work. Cities struggled to collect property taxes and subsequently laid off teachers and police.

The new hardships that people faced were not always immediately apparent; many communities felt the changes but could not necessarily look out their windows and see anything different. Men who lost their jobs didn’t stand on street corners begging; they disappeared. They might be found keeping warm by a trashcan bonfire or picking through garbage at dawn, but mostly, they stayed out of public view. As the effects of the crash continued, however, the results became more evident. Those living in cities grew accustomed to seeing long breadlines of unemployed men waiting for a meal. Companies fired workers and tore down employee housing to avoid paying property taxes. The landscape of the country had changed.

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Anonymous Coward
User ID: 77758334
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03/19/2020 10:22 AM
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Re: This is how Americans survived the Great Depression in 1929.
The landscape of the country had changed.

----------------------

In many ways.

I remember my dad & uncle talking...they said they and 2 other families would buy their groceries together...take them home & split everything 4 ways.

There was one family who had NOTHING and they wouldn't have survived...so 3 families pitched in & bought the groceries for the 4th family every week (and the 3 families didn't have much).

I can't see that happening today.
cranberryapple

User ID: 76319881
United States
03/19/2020 10:28 AM
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Re: This is how Americans survived the Great Depression in 1929.
The landscape of the country had changed.

----------------------

In many ways.

I remember my dad & uncle talking...they said they and 2 other families would buy their groceries together...take them home & split everything 4 ways.

There was one family who had NOTHING and they wouldn't have survived...so 3 families pitched in & bought the groceries for the 4th family every week (and the 3 families didn't have much).

I can't see that happening today.
 Quoting: Anonymous Coward 77758334


Thanks for that information, very interesting.
cranberryapple





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