1930's+businesses+economy

=**1930's Business and Economy **= = =


 * Economy **
 * **The post effects of the WWI were lots and one in particular was the economy. The war was very expensive and the Great Depression began after the great stock market crash of 1929, it was the worst impact that the United States had on there economy. This caused people to lose home, lose jobs, and people were dying of hunger. the stock market crash cause a collapse of prices in America. 13 to 15 million were unemployed. The US economy rate had a low drop of 50%. National incomes had fallen by 55% manufacturing wages and farm income by 60%. Foreign trade was off by 70%. . **

 **Facts**

 **Population: 123,188,000 in 48 states Life Expectancy: Male, 58.1; Female, 61.6 Average salary: $1,368 Unemployment rises to 25% Car Sales: 2,787,400**


 * **Business **


 * Few of the businesses in he 1930's escaped the consequences of The Great Depression. The biggest enterprises were put to be in automobile industry steel industry. Among the largest company managers took advantage of the low labor material and equipment cost. some stockpiled raw materials upgraded equipment and repaired idle plants and invested in improving manufacturing process. The new deal had gave jobs repairing government property’s and building new buildings. Business profits fell sharply, with estimates of the decline ranging from 60 to 90 percent. **

[] [|http:/][|tml][|/scripophily.stores.yahoo.net/bucsteelcasc4.h]


 * **Businesses in the 1930's **
 * **Continental Baking introduces the world's first commercial sliced bread loaf, Wonder Bread. **
 * **In January, the National Economic League, a group of business leaders, lists unemployment as only the eighth most serious problem in the United States. This belief underscores business leaders' lack of sympathy for workers during the Great Depression. **
 * **On March 6, General Foods introduce Birds Eye Frosted Foods to stores in Springfield, Massachusetts. Frozen vegetables, fruits, and meats soon become a staple of grocery stores, despite high prices. **
 * **On June 17, despite a petition signed by 1,028 economists, President Herbert Hoover signs the Smoot-Hawley Tariff the highest in American history into law. Other countries will retaliate by raising tariffs against the United States. **
 * **In July, McGraw-Electric of Elgin, Illinois, introduces the first automatic toaster. **

=**Citations **=

=
"About the Great Depression." //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">Welcome to English « Department of English, College of LAS, University of Illinois //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">. Web. 26 Jan. 2012. <http://www.english.illinois.edu/maps/depression/about.htm>. "Important Events in Business and the Economy, 1930–1939 - 1930's Business and the Economy." //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">ENotes - Literature Study Guides, Lesson Plans, and More. //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;"> Web. 26 Jan. 2012. <http://www.enotes.com/1930-business-economy-american-decades/important-events-business-economy>. =====

<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">"Overview - 1930's Business and the Economy." //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">ENotes - Literature Study Guides, Lesson Plans, and More. //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;"> Web. 31 Jan. 2012. <http://www.enotes.com/1930-business-economy-american-decades>.

<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">"The Great Depression | Eastmanhouse Education." //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">Education Splash //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">. Web. 31 Jan. 2012. <http://education.eastmanhouse.org/discover/kits/kit.php?id=6>.

<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">"Buckeye Steel Castings Company 1930's - Bush Family Company." //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">Scripophily .com ® - Trusted Old Stock Certificate Superstore / Old Stocks Research Service //<span style="background-color: #ffffff; font-family: 'Times New Roman',Times,serif; font-size: 16px;">. Web. 31 Jan. 2012. <http://scripophily.stores.yahoo.net/bucsteelcasc4.html>