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      <title>TKM Research: The Great Depression by Ashley Do (Student FVHS)</title>
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      <description>By Ashley Do and Sa Nguyen</description>
      <language>en-us</language>
      <pubDate>2019-10-22 15:28:04 UTC</pubDate>
      <lastBuildDate>2019-10-23 15:18:36 UTC</lastBuildDate>
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         <title>How did the Great Depression collide with the lives of the American citizens?</title>
         <author>apdo103</author>
         <link>https://padlet.com/apdo103/5sscp3ojei4k/wish/400934369</link>
         <description><![CDATA[<div>During the Great Depression (1929-1939), many Americans were left unemployed. The majority of Americans were left with very little money and had to improvise daily tasks and routines. According to Konkel, “The Great Depression was the worst economic downturn in modern history” (2018). During the 1920’s our economy was roaring, and stocks were thriving. Suddenly, in 1929, the stock market plunged. Following the abrupt drop in economic growth, “about a quarter of the U.S. workforce was unemployed” (Konkel 2018). Americans with a stable job, were affected less compared to the majority, due to only, a cut in pay, and reduced hours. According to Lindsey Konkel, “The average American family lived by the Depression-era motto: ‘Use it up, wear it out, make do or do without.’ Many tried to to keep up appearances and carry on with life as close to normal as possible while they adapted to new economic circumstances”(2018). Americans living during the Great Depression tried to keep optimistics view of their lives instead of dwelling on how it ruined them. They had a positive outlook on life, and tailored their lives towards what they had. </div><div>In addition, during hard times, communities came together, and shared resources and food. They often organized social events or potlucks to bring their community together. Some families also grew their own gardens to supply themselves with vegetables, herbs, or other foods that would keep them alive during the Great Depression. “Between 1931 and 1932, Detroit’s thrift garden program provided food for about 20,000 people. Experienced gardeners could be seen helping former office workers- still dressed in white button-down shirts and slacks- to cultivate their plots” (Konkel 2018). People living with multiple privations, learned to become self-sufficient, and provide their own resources. Certain families who needed more income, added more of their family members to the workforce. The number of women working, increased greatly. “Some people criticized married women for taking jobs when so many men were out of work, though women often took clerical or service industry positions that weren’t seen as socially acceptable for men at the time” (Konkel 2018). </div><div>The extreme hardships that families experienced during the Great Depression often broke them apart. Even though the government had to give Americans financial aid, money did not mend the broken bonds that formed between families during the Great Depression. </div><div><br></div>]]></description>
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         <pubDate>2019-10-22 15:29:11 UTC</pubDate>
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         <title>Which events accompanied the spark of the Great Depression?</title>
         <author>apdo103</author>
         <link>https://padlet.com/apdo103/5sscp3ojei4k/wish/400935657</link>
         <description><![CDATA[<div>The Great Depression did not simply arise by itself. In fact, many aspects provoked the start of the Great Depression. The center of the Great Depression was located at both the local and central banks in the United States. According to the past chairman of The Federal Reserve, Ben Bernanke, five main factors triggered the depression. The government “began raising the fed funds rate in the spring of 1928”(Amadeo 2019), which led to a rapid economic decline. Furthermore, the rise of the federal funds are critical because it refers to when banks charge other banks to borrow money because of the claimed balance. Simply, these funds control the stock market, which a large number of people depend on for living. “The fed funds rate is the interest rate banks charge each other to lend Federal Reserve funds overnight, but it's also a tool the nation's central bank uses to control U.S. economic growth and a benchmark for interest rates on credit cards, mortgages, bank loans, and more”(Amadeo 2019).  “When the stock market crashed, investors turned to the currency markets. At that time, the gold standard supported the value of the dollars held by the U.S. government. Speculators began trading in their dollars for gold in September 1931. That created a run on the dollar”(Amadeo 2019). When the stock market crashes, it leads to a decline of ten percent that revolves around for about 18 months. When a stock market crash is occuring, people should not have the temptation to sell. This was the mistake of many people during the Great Depression, as they sold goods and products during this state of the stock market.</div><div>The federal government raised the annual-percentage rate. For example, “[It] further restricted the availability of money for businesses”(Amadeo 2019). Thus, the economy faced many insolvencies following this event. Also, the national government “did not increase the supply of money to combat deflation”(Amadeo 2019). Finally, “investors withdrew all their deposits from banks. The failure of the banks created more panic. The Fed ignored the banks' plight. This situation destroyed any of consumers’ remaining confidence in financial institutions. Most people withdrew their cash and put it under their mattresses. That further decreased the money supply”(Amadeo 2019). The common “economic theory teaches that an increase in the money supply leads to higher prices. In fact, expansion of the money supply does not always cause inflation”(Amadeo 2019). Proof of this is the Great Depression. For example, inflation was caused by too little money supply, and people were not able to pay their bills and purchase food to support their family.</div><div><br></div><div><br></div>]]></description>
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         <pubDate>2019-10-22 15:30:49 UTC</pubDate>
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         <title>What privations did Americans experience during this time?</title>
         <author>apdo103</author>
         <link>https://padlet.com/apdo103/5sscp3ojei4k/wish/400937948</link>
         <description><![CDATA[<div>Many Americans faced hardships during the Great Depression in the early 1930s. For example, many were exposed to the Dust Bowl and shortages of food, money, and clothing. During the time of the Dust Bowl, Americans “suffered a severe drought in the early 1930s that lasted several years… Occasionally the dust storms swept completely across the country to the East Coast. Thousands of families were forced to leave the region at the height of the Great Depression in the early and mid-1930s”(Mckenna 1998).  Wind erosion was the cause of these dust storms, as the topsoil of farmers’ land was erased and agriculture no longer thrived. </div><div>	During this time, children suffered because they’re families did not have enough money to pay the bills, for food, and for clothing. For example, a fourteen year old girl at the time wrote to Mrs. Roosevelt: </div><div>“Dows, Iowa</div><div>March 24, 1934</div><div>Dear Mis. Roosevelt</div><div>I am a girl 14 yrs. old I am asking a favor of you &amp; a big one to. Will you please send me some cloths or some money for some If you can. My girl friend wrote to. we both don't have any cloths. The kids at school all make fun of you if you can't dress just so please let me here from you &amp; please dont publish this letter or us girls shall get a terriable beaten.</div><div>May god bless you”</div><div>It is obvious that this girl was not able to receive a full education, as she needed to spend her time working. Another nine-year-old girl wrote, “About four months now, my father opened a small grocery store . . . It isn't easy for him to pay all of his bills, because his money is very little. Nobody seems to help us. And sometimes my mother cryes because maybe we'll loose the store. I'm always sorry because I'm still young and I can't help much. I was thinking of You, because I always see You in the paper with a smile in Your face. And I know that You have a kind heart. I thought if I wrote to You, maybe You would help us, with a little money and then with Your help I can help my father”. These children want to help their families, but they are unable to because they are so young and innocent.</div><div><br></div><div><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2019-10-22 15:34:02 UTC</pubDate>
         <guid>https://padlet.com/apdo103/5sscp3ojei4k/wish/400937948</guid>
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         <title>Notes and Work Cited Document</title>
         <author>apdo103</author>
         <link>https://padlet.com/apdo103/5sscp3ojei4k/wish/401256284</link>
         <description><![CDATA[<div>https://docs.google.com/document/d/1S4ud1sxauZH_ShYRgTebx5CyzhG4vTKzM-rHZAPaA0A/edit?usp=sharing</div>]]></description>
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         <pubDate>2019-10-23 03:34:40 UTC</pubDate>
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