During the Roaring Twenties, an individual could get rich by investing in stock. Every day, more shares where bought than you can shake a stick at. In October of 1929, the Stock Market crashed, and it devastated the population. Americans who were used to good times were now greeted by misery. The American dream appeared dead, and prosperity was no more.
With the Stock Market's collapse came a wave of unemployment. Millions were unemployed and seeking jobs and food and homes. Hoover felt like there was nothing that he could do to help his people. So what happens to the average American? This large group of people were left hopeless and without much help from the government. Items were cheaper then, but no one was interested in purchasing anymore. Deflation played a part in the economy during this time period. Citizens were left to face these hard times with just what they had. Banks were closing everywhere with the money of the people. Not just one race or region were affected, but all Americans living in the same country. For once, Immigrants, farmers, African Americans, and city dwellers all faced the same problems. …show more content…
Farmers were typically on the edge of poverty, and a stirring in the environment made the situation much worse. A great gathering of dust formed into a large brown cloud and began sweeping over the nation. It was massive, and left baron whatever it touched. Whatever farm was in it's way would be reduced to dirt and a few scattered items when it passed by. It was one thing to be poor and have products, such as food to sell. However, such poor farmers had not even that as The Dust bowl terrorized the fertile American
With the Stock Market's collapse came a wave of unemployment. Millions were unemployed and seeking jobs and food and homes. Hoover felt like there was nothing that he could do to help his people. So what happens to the average American? This large group of people were left hopeless and without much help from the government. Items were cheaper then, but no one was interested in purchasing anymore. Deflation played a part in the economy during this time period. Citizens were left to face these hard times with just what they had. Banks were closing everywhere with the money of the people. Not just one race or region were affected, but all Americans living in the same country. For once, Immigrants, farmers, African Americans, and city dwellers all faced the same problems. …show more content…
Farmers were typically on the edge of poverty, and a stirring in the environment made the situation much worse. A great gathering of dust formed into a large brown cloud and began sweeping over the nation. It was massive, and left baron whatever it touched. Whatever farm was in it's way would be reduced to dirt and a few scattered items when it passed by. It was one thing to be poor and have products, such as food to sell. However, such poor farmers had not even that as The Dust bowl terrorized the fertile American