Tag Archives: Great Depression
Housing & Great Depression
“Between 1926 and 1933 the number of annual mortgage failures quadrupled, and by the latter date home mortgages were being foreclosed at the rate of one thousand per day. In New York City alone, 186,000 families were served eviction notices … Continue reading
A Tale of Many Cities
The cities were tremendously affected by the Great Depression. One reason was unemployment. Many were unemployed and since the cities were overpopulated, majority of the citizens remained without a job causing the economic turmoil to be magnified; “Unemployment loomed as … Continue reading
Let’s make a deal
The Great Depression had a heavy negative impact on American cities. Due to this financial crisis, power of governments grew, on both a local and national level started to play a bigger role on society and economics. The national government … Continue reading
Depression
When the Great Depression hit, no one was expecting it because for the most part, everyone was doing well during the roaring twenties. The Great Depression had a large impact on everyone in the work force and caused a major … Continue reading