Some families would quit their jobs and risk all they have at an opportunity for a better income. ... If you didn't have the money to purchase a product, you could simply use credit and pay it back in installment plans. The problem with credit is that if you don't have the money to pay it back in full, you can pay pieces of the total amount but the longer you wait, the more interest is put on that one item. Citizens began paying everything in credit, and this is why this new innovation became very dangerous. ... Eventually things started turning around for these citizens.The unemplo...

• Word Count: 600
• Approx Pages: 2
• Has Bibliography
• Grade Level: High School

Economists will use this term that consists of workers that are either searching for a jobs or waiting to take jobs in the future (BOOK). ... You can most likely see structural employment affecting elderly workers the most because they are less likely to go back to school, unable to relocate, facing age discrimination, or is unable to take lower-paying jobs. ... The longer that someone stays unemployed, the more difficult it could be on finding a job. ... Communities also can take a hit when people are unemployed, you could have a difficult time paying your mortgage and causing foreclosur...

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• Grade Level: High School

Roosevelt addressed the worries young people had about job security and ensured that through this act they would have a guaranteed plan after retirement. ... A number of foreclosures and repossessions took place because, due to the fact people were losing their jobs, homeowners could no longer pay their mortgages. ... Someone might need government assistance for the loss of a spouse to help pay for funeral costs. ... Medicare was health insurance designed for elderly people that could not afford to pay medical bills. ... Today American citizens pay more in social security taxes than they do in...

• Word Count: 786
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

Abbeville committed suicide out of inability to pay his debt. ... Jobs were also scarce because of the economic crash. ... 'He couldn't get a job(164). Joey's father was unable to find a job which caused him to be low-spirited. The effects of the Great Depression caused Joey's father to become frustrated and be put in a suicidal state.Steinbeck symbolizes the struggles of finding a job, and not being able to pay debts through Abbeville and Joey's father. ...

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• Grade Level: High School

In the peace settlement, it was agreed that certain countries would pay other countries war reparations. Obligations to pay back war debts slowed business expansion and international trade. In order to make money, governments then had to raise tariffs in order to pay for importation of resources and goods. ... In the 1920s the production of goods exceeded the demand for the products and as a result a vast number of factories were closed, which put many employees without a job. ...

• Word Count: 378
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• Grade Level: High School

They made a terrible mistake because shortly after they left, America was coming out of the depression and there were more jobs. ... In America people were free and could have more better job opportunities. ... There were hardly any jobs and the ones that were available did not pay that much. ...

• Word Count: 339
• Approx Pages: 1
• Grade Level: High School

Many Americans were unemployed and jobs were scarce. ... The luxury items began to advertise with "buy now, pay later," so many Americans became deep in credit debt. America also lent money to European countries, that had trouble paying us back. ... They also put many unemployed workers back to work, giving jobs to over eight million people. ...

• Word Count: 590
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• Grade Level: High School

This lead to the gigantically high unemployment rates, which on its turn lead to an extremely high amount of overproduction (after all, people with no jobs could hardly spend much money on primary and secondary needs, let alone tertiary needs). ... We would not have tried to squeeze out every cent of our incomes to pay for a vacation trip that is better and longer than last years. We would not massively have ran to our banks for even larger loanes, for which we "only" have to pay 11% interest, in order to buy that all-important house on Martha's Vineyard. ... Because they didn't real...

• Word Count: 604
• Approx Pages: 2
• Grade Level: High School

I quit my job working as a manager at Togos because my grades suffered in college. ... Therefore I made the decision to quit my job and focus on my studies. ... My mom does not have a stable job. ... We worry about how we are going to pay for bills such as the mortgage. ... Because at the end of the day, everything they have worked so hard for will pay off. ...

• Word Count: 686
• Approx Pages: 3
• Grade Level: High School

During the year after the stock market crashed, 4 million workers lost their jobs. ... Employees who held on to their jobs took cuts in pay. ... In Wisconsin, diary farmers stopped milk trucks and dumped the milk into ditches to dramatize the low pay they received for their products. ... Each day, more than 5.000 people lined up outside a New York employment agency to apply for 300 jobs. ...

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• Grade Level: High School

The stark statistics added to the distress of the millions of people who lost jobs, savings, and a way of life accustomed to. ... By the 1030's, thirteen million workers lost their jobs. ... There, they resorted to performing odd jobs in order to pay for groceries and support themselves and their family. ...

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People from the middle class mostly requested clothes and money for their houses and bills, and some asked for jobs. ... Some of the children even wrote in behalf of their parents asking for jobs or some money to pay off bills so that the family could buy clothes. ...

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What they fail to recall is that most of the 1930s saw massive unemployment, bread lines, and mass migration as people moved around the country looking for jobs, housing and food. ... Both areas have had massive job loss and declining production rates. ... Many people can deal with higher gas prices and no holiday bonus, so long as their other expenses stay the same and their job is steady. But the reality for many people is that they are losing their jobs, and if they are able to replace them at all, replacing them with lower paying positions. ...

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These agencies provided so-called jobs to men, though they were not considered jobs to critics of the program, who called them boondoggling jobs. Some people were required to dig a trench, then fill it in again just so they could get a salary and say they had a job. ... The Tennessee Valley Authority, or the TVA, was created mainly to set standards for electric rates, but also for jobs, reforestation and flood control. ... It controlled produce prices by paying subsidies to farmers for not growing their crops. In order to retain jobs for farmers, government raised prices for farm products so c...

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When the new idea of credit was introduced, people were able to place a small deposit of items they wanted to buy and pay the rest over time. ... Since people needed to be trained in one aspect of the job, the workers were mostly unskilled workers so they were paid less than the more skilled motor manufacturers which meant more profit. ... These mass produced cars were cheaper than the previous cars so people were finally able to afford to buy a car and it was easier with credit and paying the car over time. The car industry provided jobs to people and allowed money to be spent. ... This incr...

• Word Count: 1117
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• Grade Level: High School

Another example of a program meant to create jobs was the WPA. ... Before, people who lost their job simply had to find a new job, usually one of lower pay, but Roosevelt allowed people to at least put their careers on hold and focus on getting through hard times. ...

• Word Count: 554
• Approx Pages: 2
• Grade Level: High School

People lost their jobs and could not afford to pay debts on their property and were left homeless. ... He also believed that business would bring about the end to the depression and it was the government's job not to interfere. ... FDR proposed to create government schemes to provide more jobs, measures to revive industry and agriculture. ...

• Word Count: 565
• Approx Pages: 2
• Grade Level: High School

The thirties brought more Americans together socially, but unfortunately most blacks and immigrants felt racism very strong during this period in America, denying immigrants and blacks jobs or not paying them as much as a white American male. ... Jobs were becoming less scarce because of the demand for supplies, which created job opportunities for women, blacks, and immigrants. ...

• Word Count: 485
• Approx Pages: 2
• Grade Level: High School

So the capitalists start cutting back productions, leading the labors to lose their jobs eventually. ... Since the Great Recession began, most of the people in the working class have suffered unemployment, a cut in pay, or a reduction in hours. ... Even they lose their jobs, they receive high amount of money which is enough to provide the 16000 people who were suffering from unemployment. ... The change in corporate profits and number of jobs in the U.S. shows an ironic result, although corporate profits suffered in the early part of the recession, they have been steadily growing for more than...

• Word Count: 774
• Approx Pages: 3
• Grade Level: Undergraduate

The Structure of the Fed - Two parts: the board of Governors and the 12 regional federal reserve banks - One of the jobs of the federal reserve banks is to audit the books of private sectors to ensure good standing and a healthy bank Decisions about monetary policy are made by the Federal Open Market Committee The Effectiveness of the Federal Reserve System - The Reconstruction Finance Corporation was established and given authority to make loans to banks in order to stabilize the banking sector in 1932... - Regulation Q prevented commercial banks form paying interest on checking account...

• Word Count: 858
• Approx Pages: 3
• Grade Level: High School

Another reason America is number one is because of our ability to obtain jobs easily and it's relatively uncomplicated to start a business here. ... In America we have many jobs available due to this and so we have the lowest unemployment rate. ... Most European countries are run on Socialism which has them pay high taxes, but they get many benefits such as free medical, family leave, and six months vacation. ...

• Word Count: 562
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• Grade Level: High School

The Supreme Court has refused to hear the appeal in the case of Barack Obama's U.S. citizenship. This time, even a decidedly conservative Supreme Court got it right. At a time when we need a strong, decisive leader, what would it say to the American people if he started out fighting for his politic...

• Word Count: 606
• Approx Pages: 2
• Has Bibliography
• Grade Level: High School

This would allow welfare recipients to "repay" the taxpayers and those who pay their taxes may not feel so taken advantage of. ... The Welfare system pays out more money than many U.S. citizens are aware of. ... Forty states pay welfare dividends that equal more than an $8.00 per hour job. Seven states have a pay-out that is the equivalent of $12.00 or more per hour and nine states pay welfare where welfare pays more than the average salary than that of a teacher. ...

• Word Count: 1001
• Approx Pages: 4
• Grade Level: High School

Those workers who were let go could not pay back the credit that they owed. ... The first step taken towards repairing America's economy was to create more jobs. ... In addition to creating more jobs, Roosevelt had to repair the damage that was done to the agriculture. ... The foundation of this plan was to raise crop prices by basically paying farmers to take eliminate their livestock and crops. ... It impacted American freedom in the sense that it gave many millions of citizens much needed jobs. ...

• Word Count: 1194
• Approx Pages: 5
• Grade Level: High School

Job was lost shortly thereafter, and the house went right after that. ... Donner, who had moved out to Dubuque, began laboring for the WPA, a program enacted to create jobs and complete public service projects. Other men worked in tanneries and mines, both difficult and dangerous jobs with long hours and little pay. ... In the city, men had to rummage through trashcans for food and build huts out of old boards and car bodies when they could no longer pay the mortgage. ...

• Word Count: 971
• Approx Pages: 4
• Grade Level: High School