Tag Archives: Unemployment
Burdens from the Past
The Great Depression that hit American cities in the 1920’s to 1930’s only exacerbated the financial problems incurred from the earlier years of the 1900’s. American cities expanded immensely and borrowed a lot of money through bonds issues which were unfortunately due … 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
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