Social consequences of The Crash
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Unemployment
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People felt ashamed
Humiliation
Anger
People became homeless
Any other notes can be added here.
Slept on the streets
Doorways
Sidewalks
Driveways
Parks
Lack of food
Asing on the streets
Charity Kitchen
Rubbish
"Hoovervillles"
Houses made from recycled and found objects
Possesions taken from their home
Outskirts of cities
Couldn't pay rent
The poor
No payment
Stress
Many preocupations
No benefits
Government blamed
President Hoover
Banks in crisis
As the effect of the crisis, millions of savers wanted their money back from the banks
By the 1933, American banking system had virtual collapsed
bankrupt, the smaller banks were the first one
But the banks were in crisis
Who kept their jobs?
Most of the 60 per cent of workers in Chicago who kept their jobs saw their wages cut by a half or more