Photo Essay Of Great Depression

Photo Essay Of Great Depression-73
The farmers were left without crops as the wind picked up everything on its way (Martin 200). Small scale farmers were more disadvantaged than the large scale farmers.

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The stock market prices crashed to an extent that there was no hope for them to rise again.

A long period of panic struck, and there was darkness in terms of stock market prices.

The territory was affected so badly by drought and dust storms which were horrendous in nature.

They created a situation that was referred to as the Dust Bowl.

Employees’ wages were also affected because any business could not pay them again as required.

The stock market issue also affected the customers in that they stopped buying and spending on luxurious goods. The Great Depression affected the farmers in a very adverse way.

This kind of massive withdrawal had a major effect in that it caused the banks to close too.

What is more, it was a disadvantage to those who did not withdraw their money because of not reaching the bank on time.

This influenced greatly the companies that produced these commodities in terms of sales and also getting profit. Though they always survived other depressions that they encountered, this one was a big challenge to them.

Most of the farmers were situated at the Great Plains before the Great Depression took place.


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