The Great Depression (1929-32)
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The Great Depression (1929-32)
The Great Depression (1929–32) was a time of extreme hardship for people in Australia.
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The Great Depression - an introduction

The Great Depression affected the whole world in 1929 till 1932. It was a time of extreme hardship for people in Australia. For many people this event began before the market crash in prices and lasted until the Second World War (1939-1945).

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Families in the Great Depression

Over 200,000 people lost their homes in the start of the depression and became bums or nomads traveling across the great American highways. Those families of the great depression who were able to hold onto their houses a little longer took in some homeless and brought their pennies together to keep their house and pay the bills.

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Bibliography

http://australia.gov.au/about-australia/australian-story/great-depression
http://www.stocks-simplified.com/Life-During-the-Great-Depression.html

 

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What caused the Great Depression?

What caused the Great Depression? | The Great Depression (1929-32) | Scoop.it

The ultimate cause of the Great Depression is still the subject of debate by economists. Although the collapse of the New York Stock Exchange determined its timing there were several factors involved:

A fall in export prices and sales
A fall in overseas loans leading to a reduction in government capital spending
A fall in residential construction

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Social impact

Without work and a steady income many people lost their homes and were forced to
live in makeshift dwellings with poor heating and sanitation.

Some of the biggest social impacts include: children working in classes always leaving school at thirteen or fourteen years old, married women carrying a greater household stress, jobs being easier to find for young people.                                            

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