The 1930s in America saw many disasters, both natural and manmade, and the Dust Bowl was one of them. Drought in the Plains and Southern Plains caused massive dust storms that carried away soil, killing crops and livestock. During the Dust Bowl, 2.5 million people left their farms to find better living conditions. As a result, the United States census was affected. Approximately 80% of the population of the United States was affected by the Dust Bowl.
The price of gold falls by 45%, causing inflation to sink deeper into the economy. The industrial production of the US drops by half. The result of the slump is that bread lines and soup kitchens become commonplace in the cities. The government also passes the Emergency Banking Act, which allows banks to borrow money only from the Federal Reserve. Ultimately, many of the nation’s banks reopen by the end of the month.
In addition to the Great Depression, the 1930s also saw the rise of Adolf Hitler as the chancellor of Germany. The Italian dictator Benito Mussolini invades Ethiopia and Japan invades China in 1937. In addition, the Nazi party becomes the second largest political party in Germany, overtaking the Communists. This time period also saw the development of the machine gun. With these advancements, the 1930s were a time to remember.
The Great Depression hit America in the early 1930s, and the Great Depression was in full swing. The FBI under J. Edgar Hoover began pursuing gangsters and other criminals. The Depression lasted throughout the entire decade. Nevertheless, there were many more significant events in the 1930s that helped Americans rise out of the depression. These events changed the course of history for the next several decades.
The Great Depression was a period of global economic turmoil and destruction. The crash of the 1929 stock market was one of the most devastating events of the period. Not only did the U.S. face massive unemployment, but countries around the world also saw their economies fall apart. As a result, many industries ceased to operate. Ultimately, the Great Depression took the nation by storm. It was an unimaginably tragic time for the country. Any old and latest news for connected this website newspaperworlds.
During this time, the New York World’s Fair opened on April 30, 1939, which was held on a former trash dump on the Flushing Meadows in the city of Flushing. It was an ill-timed move by President Hoover, who hoped that it would restore confidence and help the economy. While the government hoped the new laws would help people, the fact is that the higher taxes only made the depression worse.