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From Black Thursday in 1929 to 1932, the peak of the stock markets decline, stock prices dropped 80%

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14y ago

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Not much was earned in the Great Depression.

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15y ago
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The value of everything fell during the Great Depression. The value of money and stocks fell so much that people could be rich one day and poor the next.

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9y ago
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a dollar and 69 cents.

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16y ago
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.39

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Anonymous

4y ago
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Q: What was the value of the dollar during the great depression?
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Why was food scarce during the Great Depression?

During the depression, the problem wasn't that money was scarce, on the contrary, there was tons and tons of it! I was just useless. The value of the dollar was reduced to virtualy nothing. People that went to bed with a million in the bank woke up to find that it wasn't worth one thousand. (slightly exagerated a bit but you get the point)


What actions were taken to help end the Great Depression?

There were many actions which were taken to help end the Great Depression. Some actions taken during this time included the passing of the Banking Act of 1935, which boosted the economy and aided in reversing inflation. Another action which aided in ending the Depression was the influx in gold which came from foreign countries and boosted the value of the U.S. dollar.


Was the Great Depression in England?

When the great depression hit Britain, its economy flopped badly because they had no money to manufacture any more iron, steel, textile, etc. The value of pounds dropped that it wasnt worth the price of gold anymore. The economy of Britain couldnt lend out loans to other countries anymore and they couldnt continue their trade with their main trader Germany.


What is the value of depression food ration stamps?

To the best of my knowledge there was no food rationing during the 1930's depression, at least not in the United States. The only food rationing was during World War 2 in the 1940's.


The US recovery from the Great Depression was accelerated by what?

Recovery from the depression was mainly boosted by a reboot in the economic interests of the people. This included shops reopening and real money being distributed again. During the depression some states had been printing cheap paper money that barely had any value. Inflation was heavily spread because of how desperate store owners were and how they knew how much people needed their products. You have to remember, there were shortages of almost everything during this time.