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Stocks in New York were worth one-fifth of what they were worth just four years before. Factories, banks and even farms began to shut down. It got so bad that by 1932, one out of every four Americans was unemployed.
The Great Depression had a bad effect on family structure in the United States. Poor families were faced with the task of a lifetime, trying to survive. They were almost no jobs for the man of the house to find to support his family. Many fathers who were the primary provider of income in the household went into a mental depression. Some even went as far committing suicide. Children at this time were forced to assume more responsibilities...
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