Which Group Of People Faced Economic Hard Times Before The Great Depression?

by | Last updated on January 24, 2024

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The country's most vulnerable populations, such as

children, the elderly

, and those subject to discrimination, like African Americans, were the hardest hit.

What group of people was hit the hardest before the Great Depression?

The country's most vulnerable populations, such as

children, the elderly

, and those subject to discrimination, like African Americans, were the hardest hit.

What groups were hit the hardest during the Great Depression?

The country's most vulnerable populations, such

as children, the elderly

, and those subject to discrimination, like African Americans, were the hardest hit.

Which group faced hard times during much of the 1920?


American farmers

faced difficult times in the 1920s. They had borrowed money to buy land and machinery to increase the harvest yields during World War I. Although the demand for American crops fell after the war, farmers were still producing large harvests.

Which group faced hard times during much of the 1920s even as most Americans were experiencing economic prosperity?


Farmers

faced tough times. While most Americans enjoyed relative prosperity for most of the 1920s, the Great Depression for the American farmer really began after World War I.

Who did well during the Great Depression?

  • Babe Ruth. The Sultan of Swat was never shy about conspicuous consumption.
  • John Dillinger. …
  • Michael J. …
  • James Cagney. …
  • Charles Darrow. …
  • Howard Hughes. …
  • J. …
  • Gene Autry.

What country was most affected by the Great Depression?

The Depression hit hardest those nations that were most deeply indebted to the United States , i.e.,

Germany and Great Britain

. In Germany , rose sharply beginning in late 1929 and by early 1932 it had reached 6 million workers, or 25 percent of the work force.

What state was hit the hardest by the Great Depression?

What is often referred to as the Dust Bowl and the Great Depression hit the great farming areas of the US the hardest. States like

Oklahoma

, the panhandle of Texas, Kansas, Colorado and Portions of New Mexico were devastated. Tens of thousands of farmers lost their lands and had to migrate elsewhere.

What was life like during the Great Depression?

The average American family lived by the Depression-era motto: “

Use it up, wear it out

, make do or do without.” Many tried to keep up appearances and carry on with life as close to normal as possible while they adapted to new economic circumstances. Households embraced a new level of frugality in daily life.

What city was most affected by the Great Depression?

The Great Depression was particularly severe in

Chicago

because of the city's reliance on manufacturing, the hardest hit sector nationally. Only 50 percent of the Chicagoans who had worked in the manufacturing sector in 1927 were still working there in 1933.

What were some of the problems that farmers faced during the Depression?


When prices fell they tried to produce even more to pay their debts, taxes and living expenses

. In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms. In some cases, the price of a bushel of corn fell to just eight or ten cents.

What activity would the Depression generation avoid?

Question Answer Which activity would the “Depression generation” avoid? buying expensive items on credit What did some people agree to do when a foreclosed farm was auctioned? keep bids low What was one dramatic symbol of hope during the Depression? Empire State Building

What was one effect of hard times for farmers quizlet?


Crop prices fell, and the debts of farmers increased

. The depression added more woes to the lives of farmers.

Who benefited from the economic boom in the 1920s?

Who benefited? Who didn't benefit? Speculators on

the stock market


People in rural areas

Early immigrants


Coal miners

Middle class women

Textile workers
Builders New immigrants

How far did the US economy boom in the 1920s?

The 1920s is the decade when America's economy grew

42%

. Mass production spread new consumer goods into every household. The modern auto and airline industries were born.

Why was the economy so good in the 1920s?

The main reasons for America's economic boom in the 1920s were

technological progress

which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.