Introduction A Turbulent Time Why were the 1930s a difficult decade for many people? Many things happened during the 1930s that created hardship for lots of people. These included a huge economic depression, an environmental crisis, and a war brewing in Europe. But there were good things that happened as well. The 1930s is a decade with many nicknames, such as “The Dirty Thirties,” “The Turbulent Thirties,” or “The Starving Thirties.” When referring to the 1930s, historians often talk about the Great Depression and the Dust Bowl. The decade of the 1930s was a time of great hardship for many. It was also a time of amazing inventions. The 1930s saw the birth of government programs that we still use today, such as Social Security and insured bank deposits. What makes the 1930s so different from all the other decades? A CRASH STARTS IT ALL In 1929, America was still embracing the “roaring” twenties, which was a decade of affluence for many people. Life changed dramatically in the 1920s. There was more money to spend and more to spend it on. People found new roles to enjoy and focused more on leisure time and having fun. 2 GREAT DEPRESSION | INTRODUCTION It seemed as though many Americans were enjoying a party that would never end, even though some people, such as farmers and minorities, never really shared in the general prosperity of the times. The party did end, though, with the Stock Market Crash of 1929 that ushered in a period of hard times. The economy did not fully recover from the Great Depression until World War II. It affected an entire generation of people. An economic depression is an extreme recession that lasts two years or more. This is a period of time when personal income, prices, and profits all drop. It is characterized by increased unemployment, less available credit, and reduced trading and commerce. If a depression lasts for too long, consumers lose confidence and stop investing. Did your family or someone you know experience any effects from the most recent recession, which began in 2007? Are you, or they, still feeling those effects? Primary Sources Primary sources come from people who were eyewitnesses to events. They might write about the event, take pictures, post short messages to social media or blogs, or record the event for radio or video. Why are primary sources important? Do you learn differently from primary sources than from secondary sources, which come from people who did not directly experience the event? Later in 1929, Americans suddenly found themselves losing their jobs and having their homes foreclosed on. Many people lost the money in their savings accounts. Between 1930 and 1933, 9,000 banks failed. Imagine going to the bank to withdraw money and finding it closed forever. This happened to many people. Today, we talk about 8 percent unemployment being unacceptably high, but the early 1930s saw 25 percent unemployment. One quarter of the American work force was unemployed. A TURBULENT TIME 3 CRASH! The Stock Market Crash of 1929 came as a surprise to many people. Many investors lost a lot of their money in one week. Read a newspaper article written during the week of the crash. Did people realize how bad the situation was? N ew York Times stock market crash Before 1933, there were no federal government programs in place to help people who lost their jobs. Today, unemployment insurance helps people take care of themselves until they can find another job. Without money to spend, unemployed consumers no longer shopped. Business after business closed, and people whose livelihoods depended on manufacturing or selling goods lost their jobs as well. It was also a decade of severe natural disasters. The Great Plains states, including Colorado, Texas, Kansas, Oklahoma, and New Mexico, suffered through one of the worst droughts ever recorded. The dry conditions spawned huge dust storms, blowing loose topsoil in “black blizzards” of dust and dirt. It was impossible to grow crops in these conditions. Millions of farmers and agricultural workers were forced to leave their farms and homes. Many traveled to places such as California in search of work. photo credit: National Oceanic and Atmospheric Administration/ Department of Commerce Stratford, Texas, 1935 4 GREAT DEPRESSION | INTRODUCTION At first, the government did little that helped. It wasn’t until President Franklin Roosevelt was elected in 1932 that the government began to put policies and programs into place that were designed to help the economy. These programs also began to help people who had no way to earn money or feed their families. SHAPING A GENERATION The Great Depression shaped an entire generation of Americans. Many of those who grew up during the 1930s always carried with them the memory of hunger and hardship. Many of them were thrifty and distrustful of banks and credit all of their lives. Because of the Great Depression, the U.S. government changed the way it regulated banking and commerce. Many of the protective programs we still have today were created during this time. In The Great Depression, you’ll discover how the struggles of the 1930s shaped the character of American society. You’ll learn about this difficult time between the modern world that appeared in the 1920s and the era of the Second World War and the prosperous society it created. What was it like to be an American living during such a turbulent time? KEY QUESTIONS • Why do we still have economic depressions? Do people learn from history? Vocab Lab There is a lot of new vocabulary in this book! Turn to the glossary in the back when you come to a word you don’t understand. Practice your new vocabulary in the Vocab Lab activities in each chapter. 1930s FACTOID During the 1930s, doctors earned about $61 per week, while factory workers earned about $17 per week. In 2014, the average weekly earnings for factory jobs were $465. For doctors, the average weekly salary was more than $3,000. • Do you know anyone who lived during the Great Depression? Do they have any habits that might have formed during the 1930s? • What contemporary events might shape your worldview when you are an adult? A TURBULENT TIME 5 Inquire & Investigate VOCAB LAB Write down what you think each word means: economic depression, affluence, prosperity, turbulent, foreclose, stock market, unemployment, and commerce. Compare your definitions with those of your friends or classmates. Did you all come up with the same meanings? Turn to the text and glossary if you need help. COMPARE THE DECADES In 2008, a recession took place in the United States that seemed to echo the Great Depression of the 1930s. Called the Great Recession, it was a time when unemployment spiked in 2008 and 2009 and many people lost their homes. How was this recession similar to the Great Depression? • Read this article comparing the Great Recession of 2008 to the Great Depression of the 1930s. What is similar? What is different? Forbes depression compare recession • Create a chart comparing the Great Depression with the 2008 recession. Look at indicators such as the stock market, unemployment, housing foreclosures, bank failures and bailouts, and government reactions and programs. • Do you think the Great Depression could happen again in your lifetime? Why or why not? Create another chart showing how the current decade is different or similar to the 1930s. To investigate more, create a Venn diagram to show what was similar about the United States before the Great Depression and the Great Recession. Venn diagrams are made of characteristics written in circles that overlap. In the overlapping section write the things about the country that were similar. In the sections that don’t overlap, write the things that were different. 6 THE GREAT DEPRESSION | INTRODUCTION
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