The Great Depression: Historical Photographs the American Struggle

Nobody could tell exactly when it began and nobody could predict when it would end. At the outset, they didn’t even call it a depression. At worst it was a recession, a brief slump, a “correction” in the market, a glitch in the rising curve of prosperity.

A cotton sharecropper with his family at their residence in Hale County, Alabama, in the year 1935.

Only when the full import of those heartbreaking years sank in did it become the Great Depression – Great because there had been no other remotely like it.

A Decade Between Extremes: Roaring Twenties to World War II

In retrospect, we see it as a whole – as a neat decade tucked in between the Roaring Twenties and the Second World War, perhaps the most significant ten years in American history, a watershed era that perhaps scarred and transformed the nation.

A gathering of men at an employment office desk.

But it hasn’t been easy for later generations to comprehend its devastating impact. The Great Depression lies just over the hill of memory; after all, it has been such a long time.

The Pinnacle and Peril: From Prosperity to Collapse

A family facing hardship during the Great Depression.

The Great Depression began in August 1929 when the economic expansion of the Roaring Twenties came to an end. A series of financial crises punctuated the contraction. These crises included a stock market crash in 1929, a series of regional banking panics in 1930 and 1931, and a series of national and international financial crises from 1931 through 1933.

The Human Toll: Unemployment, Homelessness, and Displacement

Although the Great Depression was relatively mild in some countries, it was severe in others, particularly in the United States, where, at its nadir in 1933, 25 percent of all workers and 37 percent of all nonfarm workers were completely out of work.

An unemployed man lies down on the docks of New York in 1935.

Some people starved; many others lost their farms and homes. Homeless vagabonds sneaked aboard the freight trains that crossed the nation.

Unemployed men queue up in front of a Chicago soup kitchen, operated by Al Capone.

Dispossessed cotton farmers, the “Okies,” stuffed their possessions into dilapidated Model Ts and migrated to California in the false hope that the posters about plentiful jobs were true.

Economic Downturn: Industries Crumble, Agriculture Falters

By 1933, industrial production declined by 50 percent, international trade plunged 30 percent, and investment fell 98 percent. Cities around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries.

Cotton pickers from Arkansas in the year 1935.

Farming communities and rural areas suffered as crop prices fell by about 60%. Facing plummeting demand with few alternative sources of jobs, areas dependent on primary sector industries such as mining and logging suffered the most.

Desperation and Hoovervilles: The Face of Hardship

Public health nurses from the Child Welfare Service visit a shanty home for a checkup.

Drought persisted in the agricultural heartland, businesses and families defaulted on record numbers of loans, and more than 5,000 banks had failed. Hundreds of thousands of Americans found themselves homeless, congregating in shanty towns – dubbed “Hoovervilles” – that began to appear across the country.

The Slow Road to Recovery: A Nation Struggling to Stand

In most countries of the world, recovery from the Great Depression began in 1933. In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933.

A financially struggling mother stands with her two children in Oklahoma in the year 1936.

There is no consensus among economists regarding the motive force for the U.S. economic expansion that continued through most of the Roosevelt years (and the 1937 recession that interrupted it).

The Impact of Roosevelt’s New Deal: A Controversial Catalyst

The common view among most economists is that Roosevelt’s New Deal policies either caused or accelerated the recovery, although his policies were never aggressive enough to bring the economy completely out of recession.

The family of an unemployed man sits around a wood stove in their vacant home in 1937.

Some economists have also called attention to the positive effects from expectations of reflation and rising nominal interest rates that Roosevelt’s words and actions portended. It was the rollback of those same reflationary policies that led to the interruption of a recession beginning in late 1937.

Children from the households of unemployed miners assemble for nursery school in March of 1937 in Scott’s Run, West Virginia.

One contributing policy that reversed reflation was the Banking Act of 1935, which effectively raised reserve requirements, causing a monetary contraction that helped to thwart the recovery. GDP returned to its upward trend in 1938.

The War’s Role: The End or Catalyst for Recovery?

The Central Park of New York City transformed into Hooverville, a shanty town for the recently impoverished (named after President Herbert Hoover, who was in office during the market crash and widely held responsible for it) in 1933.

The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression, though some consider that it did not play a very large role in the recovery, though it did help in reducing unemployment.

Shaping a New America: Political, Economic, and Cultural Transformations

The Great Depression transformed the American political and economic landscape. It produced a major political realignment, creating a coalition of big-city ethnics, African Americans, organized labor, and Southern Democrats committed, to varying degrees, to interventionist government.

An elderly woman receives her Thanksgiving ration of food as other hungry individuals wait in line during the 1930s.

It strengthened the federal presence in American life, spawning such innovations as national old-age pensions, unemployment compensation, aid to dependent children, public housing, federally-subsidized school lunches, insured bank depositions, the minimum wage, and stock market regulation.

Unemployed men sit outside their improvised homes in lower Manhattan in 1935.

It fundamentally altered labor relations, producing a revived labor movement and a national labor policy protective of collective bargaining. It transformed the farm economy by introducing federal price supports.

A sizable group of New Yorkers waits in a food line in the year 1932.

Above all, it led Americans to view the federal government as an agency of action and reform and the ultimate protector of public well-being.

Legacy and Impact: Shaping Modern Economics and Literature

Unemployed men smoke cigarettes amidst their shantytown in lower Manhattan in 1935.

The memory of the Depression also shaped modern theories of economics and resulted in many changes in how the government dealt with economic downturns, such as the use of stimulus packages, Keynesian economics, and Social Security. It also shaped modern American literature, resulting in famous novels such as John Steinbeck’s The Grapes of Wrath and Of Mice and Men.

Conclusion: An Epoch of Adversity and Transformation

The Great Depression stands as an epoch of adversity and transformation, etching its indelible mark on the American fabric. Through the lens of time and the starkness of photographs, we witness a nation grappling with despair, yet emerging resilient, reshaped, and forever changed.

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