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Tkam and The Depression
Tkam and The Depression
Stock market crash Didnt realize the effect it would have No money to replenish what was borrowed
WWI
The U.S. was a major credit loaner to other nations in need Many of these nations could not pay us back
Stocks fall
Now the person has less than $100 and no money to pay back
And then.
With people panicking about their money investors tried to sell their stocks
This leads to a huge decline in stocks Stocks were worthless now People who bought on margins now could not pay Investors were average people that were now broke
Herbert Hoover was president at the start Philosophy: Well make it! What He Did: Nothing The poor were looking for help and no ideas on how to correct or help were coming
Banks could not pay out money People could not pay their taxes
Schools shut down due to lack of funds
People in cities would wait in line for bread to bring to their family.
Hooverville
Some families were forced to live in shanty towns
A grouping of shacks and tents in vacant lots
They were referred to as Hooverville because of President Hoovers lack of help during the depression.
A Farm Foreclosure
Some families tried to make money by selling useful crafts like baskets.
*FDR*
When he was inaugurated unemployment had increased by 7 million. Poor sections (like Harlem) had 50% of the pop. unemployed Instated the New Deal Yea! Frankie!
People everywhere were effected by the depression It wasnt till President Roosevelt took over and tried to put the economy back together that people even saw a glimmer of hope
Wrote To Kill a Mockingbird in 1960 Based the story on her life growing up in Monroeville, Alabama TKAM was the only novel she ever wrote
The character of Dill, Scout and Jems playmate in the novel was based upon Lees actual neighbor, Truman Capote Capote is famous for amongst other things, In Cold Blood and Breakfast at Tiffanys. It has been said that he gave Lee Mockingbird as a gift.
In 1962 the novel was turned into a film starring Gregory Peck. It received a humanitarian award and several Academy Award nominations