Shanty Towns: What Was Life Like in the Hoovervilles of the Great Depression?
In 1929, America suffered an enormous economic crisis, which remains the most severe economic meltdown in modern history. The stock market crashed, and world trade collapsed due to the Smoot-Hawley tariff. This led to extended bank panic, as many customers withdrew their cash deposits for fear of the bank’s solvency. There was also a collapse […]
Shanty Towns: What Was Life Like in the Hoovervilles of the Great Depression? Read More »