The draft removed men from swing scene which meant there were fewer people to play in the bands. Because of the need for many materials for the war effort gas and rubber were in shortage and cut short or stopped all together many road trips that the bands relied on to make their livings. The curfews forced many clubs to shut down during their most lucrative and busy hours. This combined with an amusement tax as high as 20 percent in some cities raised the cost of operating these clubs and ballrooms. In addition, racism of the day made it hard for black musicians to tour.
Unemployment hurtled upwards from 1.5 million to 4.3 million in just one year and had risen to 6 million by 1932. Many companies became bankrupt, leading to mass unemployment. Not only this, but with fewer workers meant fewer goods the companies were able to sell. Regardless of the companies being able to produce their goods, they would be unable to sell them due to extreme poverty that bellowed upon the German society. Money was required for food, heating and clothes, amongst other necessities.
They were well managed and financially able to tour several cities and perform hundreds of concerts. Due to the weakening of the economy, the bursting of the internet bubble and subsequent collapse of the stock market and the tragic events of September 11, 2001 had led to a decline in public (e.g., government subsidies) and private ticket sales and individual, corporate, and foundation pledges, support for the arts. This trend had significantly hindered an already financially strapped arts community and left them to scramble to find other ways to replace lost revenue in order to maintain their organization. The Utah Symphony held its first concert on May 8, 1940. In 1947, Maurice Abravanel, an experienced maestro took over and spent 32 years vociferously defending his musicians and securing them full time professional status.
Many banks declared bankruptcies because they could not get back their money from stock investors. Thousands of banks failed to keep the money from flowing to the market that resulted in a widening circle of bankruptcies and job layoffs.Democrat Franklin D. Roosevelt won the presidential election by a landslide over Herbert Hoover in November 1932 and was inaugurated the following March. He had the first presidential speech when “the stock market was down eighty percent from its 1929 high, almost half the banks had failed, the GDP was down fifty percent, and unemployment stood at twenty five percent” (79). Franklin D. Roosevelt expressed the problems that Americans needed to overcome, and gave out the New Deal programs started from1933 to 1939 that were successful in addressing the Great Depression. The first phase of the New Dealwas called relief that helped millions of suffering Americans as soon as possible.
Crop prices fell by over fifty %. People went hungry because so much food was produced that production became unprofitable. Others were unemployed because they had produced more than could be sold. Huge numbers of Americans had their lives upset by the Depression. Tens of thousands of migrant farm workers travelled the nation looking for employment.
Due to this debt the government then resulted in printing money and this resulted in inflation. Inflation destroyed savings of the middle class and especially effected land owners as they relied on rent. State employees and factory workers purchasing power fell by 25% because of the value of the Iire. The state also spent 148 billion lire on the war effort and inflation increased with the price index quadrupling, and rising from 100 in 1914 to 413 in 1918. Conscription soaked up rural unemployment and some peasants grew prosperous.
These key ideas will be explored before the events of World War 2. One of the first courses that lead up to the rise of hitter’s power was the depression because in 1929 the depression started around the world due to World War 1, in Germany unemployment for factory workers was 40% and for young people it was 50%, there were homeless people about inn the streets, and law and order didn’t really do any justice in some areas of Germany but the unemployment for the whole of the country was 6 million, farmers also suffered where prices for their crops were falling since 1925 and even further in the 1930’s, and businessmen saw their business close down also. Hitler thought this was a great opportunity for his goal at becoming the chancellor and how he did this was how he used his words. With writing and speeches, to convince Germany that he knew the source of Germany's problems like the depression and that he alone had the knowledge and the personal power which was extremely effective. Also with his propaganda formed and made by Joseph Goebbels Promise solve them.
This is very important because food is one of the most important and basic things people want, and lots of revolutions broke out because of famine. Moreover, the war had separated families, since many men were conscripted, and families often lived in fear, knowing that husbands or fathers might be dead. Moreover, in autumn, 50 percent of the enterprises closed down in important industrial centers, leading to mass unemployment, while the wost of living increased severely. Real wages of the workers were about half of what they had been in 1913, and Russia's national debt was 50 billion rubles. Russia thus faced bankruptcy.
In these winter months there were signs of the country’s morale and unity breaking, it was not helped when Germany was hit with an influenza epidemic, wiping out 20-40 million, the resistance to the disease was lowered due to decline in living conditions. Inflation was also a problem facing Germany after the war, the people were forced to work longer hours, but wages still fell below the inflation rate. As a result of these effects social discontent grew, and anger was expressed at sharks of the industry who appeared to be making money from the war. The
Due to the fact, only the USA was able to produce manufactured goods and agricultural exports for more than a decade. The Great Depression The stock market collapsed in 1929. As a result, it wipe out about 40 percent of the paper values of common stock (Gene, 2008). However, people continued to issue optimistic predictions for economy of the USA. Then, Countless number of individuals lost their life savings along with the Depression.