Great Depression: Causes, Soup Kitchens, and Hoovervilles
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Causes of the Great Depression
- Over-expansion of Credit
- High Capital Surplus
- Industrial Over-expansion
- Technological Unemployment
- Agricultural Over-expansion
- Imbalance in International Trade
A New American Paradox: Breadlines and Soup Kitchens
Although soup kitchens were not unknown to the American lower classes before 1929, they grew as the economic depression intensified and peaked by 1932.
When soup kitchens first appeared, they were run by churches or private charities. The Capuchin Services Center in southeast Detroit, for example, served 1,500 to 3,000 people a day. That center opened on November 2, 1929.
Private volunteers were also important in setting up soup kitchens all over the US. By the mid-1930s, state and federal governments also were... Continue reading "Great Depression: Causes, Soup Kitchens, and Hoovervilles" »