Hunter Street

Hooverville is a shantytown built by unemployed and destitute people during the Depression of the early 1930’s. As the Depression worsened and millions of urban and rural families lost their jobs and depleted their savings, they also lost their homes. People are just trying to survive due to the Depression. Desperate for shelter, homeless citizens built shantytowns in and around cities across the nation. The Depression was a time of hopelessness all over the United States, and because of it,…

Farmers had problems at every single point, from getting the land all the way to selling the crops grown. In 1862 the Homestead Act was passed allowing people to get 160 acres of land for only $1.25 an acre. This was supposed to help poor citizen acquire land so they can start their own farms but speculators bought up the land by paying poor factory workers to buy western land and then sign it over to them. Now that they owned the land they could sell it for a profit to people who actually…

“If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed.” Edmund Burke The chances of winning the lottery are slim to none. As a matter of fact, the Executive Director of the American Statistical Association, says, “The probability of winning the jackpot is 1 in 175,233,510” (Wasserstein). Most everyone in the world wants to be free and have cash money. Billions of people play the lottery in hopes of becoming that lucky winner. However, winning the…

The Countrywide Financial case study describes the “villainess” mentality of what had become the largest provider of home loans in the United States (Ferrell, Fraedrich, & Ferrell, 2013). Angelo Mozilo was a co-founding partner in Countrywide Financial in 1969 and in less than 30 years the mortgage provider had reached the $1 trillion mark by primarily on the back of subprime lending, which ultimately was at the heart of the economy’s collapse. The company focused its efforts and implemented…

The article “From Mercantilism to ‘the Wealth of Nations’” by Michael Marshall is about the global economic developments that occurred throughout the world’s history. Today the world is so much different in terms of the economy compared to most of human history. “We live in an era when continual economic growth is almost considered a birthright, at least in the developed world. It has become the benchmark of the health of a society, guaranteeing an ever-expanding prosperity.” Also economic…

In the 1930’s the stock market crashed. The people's faith in a confusing concept is why it crashed. Stock has always been under a shroud of confusion when people tried to make money off of it.Everyone became intrested in stock around the 1930’s people all thought it was an easy way to make money, but when the fundamental value of stock is so over habituated, people often forget that if the company goes bad, the stock goes bad. Stocks crash for many reasons, one main reason is when a bubble pops…

Families During The Great Depression The Great Depression marked the history of the U.S., it was an era of frustration and devastation. The Great Depression hit the United States hard, Franklin D. Roosevelt created the New Deal to help the country recover, however it failed. This era had great effects on people which affected them in different forms. The Great Depression broke up many families, led to a great decrease in marriages, and a great decrease in children being born. The Great…

To Kill A Mockingbird focuses on Scout Finch 's life in the Southern town of Maycomb during the economic downfall of The Great Depression. It is evident that many families are struggling during this time because of the incident. You can see how the lifestyle set out by the Finch’s has a large involvement with their economic state. The activities that the children do and the involvement with the Tom Robinson case all have contributing factors that can be traced back to The Great Depression. The…

The Great Depression, an economic collapse of worldly proportions. Citizens all around the world were struggling to just make by. America also fell, even though it 's great economic boom during WW1. The Depression left millions of Americans without jobs. Many middle-class individuals found themselves in poverty. Even the wealthy fell victim to this economic collapse. It was a terrible time for everyone. During this time, there were some who were doing better than others, job and economic wise.…

The Great Depression was “the deepest and longest-lasting economic downturn in the history of the Western industrialized world” (http://www.history.com/topics/great-depression). It lasted ten years, from 1929-1939. Every day was a struggle to provide for families. Overall, the morale of the entire country went down. The public did anything they could to stay alive, even if it was frowned upon, everyone had to take care of themselves one way or another. The Great Depression was an awful time in…