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Problems of Depression. Mr. Doherty / Mrs. T.
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Problems of Depression Mr. Doherty / Mrs. T
They used to tell me I was building a dreamAnd so I followed the mobWhen there was earth to plow or guns to bearI was always there, right on the jobThey used to tell me I was building a dreamWith peace and glory aheadWhy should I be standing in lineJust waiting for bread?Once I built a railroad, I made it runMade it race against timeOnce I built a railroad, now it's doneBrother, can you spare a dime?Once I built a tower up to the sunBrick and rivet and limeOnce I built a tower, now it's doneBrother, can you spare a dime?Once in khaki suits, gee, we looked swell Full of that Yankee Doodly DumHalf a million boots went slogging through HellAnd I was the kid with the drumSay, don't you remember? They called me 'Al'It was 'Al' all the timeWhy don't you remember? I'm your palSay buddy, can you spare a dime?Once in khaki suits, ah, gee, we looked swellFull of that Yankee Doodly DumHalf a million boots went slogging through HellAnd I was the kid with the drumOh, say, don't you remember? They called me 'Al'It was 'Al' all the timeSay, don't you remember? I'm your palBuddy, can you spare a dime? Appetizer: Listen to this song and jot down how it makes you feel….what is the mood?
Banks gave out loans to borrowers who could not repay. Without $ from borrowers, banks could not provide $ to depositors (you the customer). Bank Failures
Biggest bank failure in the U.S. occurred in 2008…..anyone?.....anyone?
Unemployment skyrocketed during Great Depression. Unemployment
Great Depression 25 % 37 % Non-Farm Workers 2011 10 % 20 % -Including part-time workers who seek full time. Unemployment Rates
People lived in Shacks called Hoovervilles. Named out of spite for President Hoover. Homelessness Seattle, Washington
During much of the 1930s, states from Texas to the Dakotas suffered a severe drought. Top soil was blown away by high winds. This area of the Great Plains became known as the Dust Bowl Farmers Face ProblemsAs if overproduction during the 20’s hadn’t hurt farmers enough….
