History, asked by daviabaldonado19, 1 year ago

How did the Great Depression change life for average Americans?

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Answered by ashoaib2004
1
FAMILY AND HOME, IMPACT OF THE GREAT DEPRESSION ON

The Great Depression challenged American families in major ways, placing great economic, social, and psychological strains and demands upon families and their members. Families of various class, ethnic, racial, and regional backgrounds, exhibiting various styles of marital and familial relationships, responded in different manners to the stresses and demands placed upon them. In 1933, the average family income had dropped to $1,500, 40 percent less than the 1929 average family income of $2,300. Millions of families lost their savings as numerous banks collapsed in the early 1930s. Unable to make mortgage or rent payments, many were deprived of their homes or were evicted from their apartments.

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