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    Great Depression - Wikipedia
  • Read about the Great Depression, the worldwide economic decline that started in 1929 and lasted into the 1930s and early 1940s. Covers Depression life in the U.S. ...
  • http://en.wikipedia.org/wiki/Great_Depression
Questions/Answers
Great Depression?
I have to write a paper on the great depression and I have to talk about the reason why people lost their jos and different reasons why people couldn't afford nice clothes, food and housing! so can someone please help me out!! If you have a helpful website that would be a lifesaver!! :)
The Great Depression was a world-wide issue, evident in both the United States and Europe. From my knowledge as a student, I think that you must be referring to the Great Depression in the United States (1929, Stock Market Crash, etc.) Here's a site to read up on: http://www.allabouthistory.org /life-during-the-great-depress ion.htm Good luck with your essay!
United States during the GreatDepression and the New DealEras?
What is the context, or/and some specific details about, the cause of the Great Depression and how it affected society. What were the different strategies used to combat the Great Depression. What factors led to the failure of Herbert hoover's strategy and why, in comparison, was F.D.R.'s approach so successful? What are some specific programs of the "New Deal" [accomplishments and limitations]. Did the New Deal get America out of the Great Depression? I think that what ended the Great Depression was the war! Answers?
The war was a contributor on both ends of the depression. The main contributor was the over value of stocks and the sale of stocks with credit not forgetting the speculator's greed; Hoover was caught up and blamed for things that were not of his making, he was slow in taking action thus received most of the blame. There were several projects started, Tennessee Valley Project, Damns were built, Roads repaired Flood control levies built, any thing to get people off the street. Remember the depression was not just an American problem. In Europe, for instance, people were forced to purchase food every day because the prices would change, sometimes every hour. Sound familiar? There have been some safe guards installed in the economy system, however greed and power will find the loop holes and a sleepy congress can set us up again for bad times. The history web site can be of more assistance. It would take up much space to be complete and it gets personal. nationalhistory.org Terry G.
How does ML B survived duringthe Great Depression era?
Although, the MLB seasons are open to post-WWI and begin of Great Depression era since America's economy and banks had none on the money. (this time, the world also have same on that during Great Depression). The season and playoff are still opening during the Great Depression era. I think that the MLB didn't earns more money during that era as more people don't attended the games or playoff games. Can u tell me about how does MLB had survived during the Great Depression?
Before Curt Flood challenged the reserve clause, and the era of free agency was begun, a superstar even in the 1960's was based on that ballplayer making more than $100K a year. For years, Detroit Tigers did not pay Hall of Famer Al Kaline over 90K because as great as he was, and he was great-one of the best arms I ever saw and a powerful fast bat--they did not consider him a superstar. With everyone complaining about the Yankees payroll today, the fact is, if the Yankees had not had all the championships in a time when New York was a more enviable place to be, baseball might not have survived. Also, nobody made their money back then off of owning a team with very, very few exceptions, much like in football these days very few owners make their money off of the ownership of their teams. These people made money in business, and used the money from these businesses to pay the players. Ask any Bosox fan why they felt cursed by the Bambino, Babe Ruth, and they know, Ruth's sale to the Yankees was not about baseball. It was to help the owner of the Red Sox finance a Broadway musical called No No Nanette that featured some songs that would become famous--and the owner had to pay its star, Ruby Keeler, money and she was worth more to him than Babe Ruth and baseball. He sold him for 125K--which is less than what A-Rod makes for 1 game today! I got this paragraph from US History.com: In 1930, Ruth was earning a salary of $80,000 a year, a spectacular number in that era. A reporter suggested that perhaps he was overpaid, since Herbert Hoover was only getting $75,000 as president of the United States. Ruth is reported to have replied, "Why not? I had a better year than he did." There have been several reported variations of the statement. Also, there were about half as many teams--16 teams back then-8 in each league-as opposed to 30 teams today. The ballparks were smaller, so actually lower proportionate overhead. There were no night games until 1939, so no need for lights. No fancy electrical scoreboards and such, so everything cost less back then. Teams were more centrally located--so not that far to travel, and much of it was by rail, not planes... Because of the salary structure, and the low overhead, only during the 1930's has baseball ownership averaged a loss...and that was an average of only -3%. Salaries were about 1/3 of the overall costs to a team owner, unlike the 54+% it is today. Even at an average of $1.00/ticket, with several hundred thousand fans, a team often broke even at best. Free agency changed all that. Actually, baseball owners like Charlie Finley, before George Steinbrenner, and then Steinbrenner with Catfish Hunter, followed by Reggie Jackson and such, changed it further...to the point where every owner pays what the fans will pay freight for, and fans are willing to pay for it. The Yankees used to get 1 million fans. 2 million fans was at one time incredible. With the new stadium going up in 2009, it would not be out of the question to draw 5 million as they this year will pass 4 million fans. So, it is all relative.
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