US HISTORY Essay Example | Topics and Well Written Essays - 250 words - 1

US HISTORY - Essay Example With the beginning of this acute financial crisis, banks failed, companies shut down and the result was unemployment, loss of personal assets like land, house and other valuables. People who were well-off before the Depression lost everything and lived off from begging (Uys). The great depression completely disoriented the lives of the Americans forcing children and teenagers to give up studies and either take to begging or perform menial labour. Lack of fund resources, scarcity of food and water, and homeless existence affected social life resulting in broken homes, battered relationships and wavering convictions. Unemployment was at its peak with a record of 13 million people going jobless and living fringe life. A lot of people started moving down to the West which was not as badly affected. People could not pay fares and travelled illegally which came to be known as hobo. Hoboing and train hopping were common phenomena as more and more people travelled up and down in search of better life. Homelessness was another significant phenomenon of the time and was termed as Hoovervilles to condemn President Hoover. People could not provide to stay in proper houses and lived in shacks made of cardboard boxes, metal sheets, leftover wood, piano boxes, and rusted car bodies (Uys). The Great Depression taught people valuable lessons like self-reliance, compassion, frugality and love for freedom and one’s country (Uys). These values acted as the bedrocks on which developed a stronger and more resilient