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Essay / Research Paper Abstract
A 3 page paper which examines how the Great Depression affected people. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: JR7_RAgpp.rtf
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Unformatted sample text from the term paper:
nation the Great Depression ultimately made an impact on everyones lives. It was even an event that impacted other parts of the world as well. The following paper examines how
the Great Depression affected people as it relates to poverty, psychological well-being, and families. The Great Depression The Great Depression was a reality that influenced the economic position
of almost everyone in the United States at the time. The wealthy people who relied heavily on investments were hard hit, and farmers were equally hit as the Dust Bowl
was experienced along with the economic depression. In short, both wealthy individuals and struggling poor people were economically hit and this resulted in many more people living in poverty than
had previously been the case. In many ways one could argue that most people in the United States found themselves on equal ground as everyone was struggling to make ends
meet. In further examination of this one author notes that "Unemployment rose...from a mere 3.2 percent to 24.9 percent in 1933, and
26.7 percent the following year. At one point, 34 million men, women, and children were without any income at all, and this figure excluded farm families who were also desperately
hit" (Rothbard xiv). The money possessed by cities, by schools, and by higher educational institutions dwindled and bankruptcy was declared by many (Rothbard). And malnutrition increased due to this level
of impoverishment in the nation (Rothbard). As could well be expected, such conditions, such poverty, and such uncertainty led many people to
feel lost and desperate and depressed. They possessed little hope for a future in many cases. For example, farmers who lost their land and their future moved to the West
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