Federal aid contributed by building low-income units, but now private builders will not build low-income housing because there is not enough profit compared to luxury housing. This causes less fortunate citizens to not have as many living opportunities.
23% of homeless people in the United States are mentall ill. Releasing the mentally ill without any direction could lead to returning to an institute or dying on the streets. Also mentally ill people can cause harm to others if they are in a violent mood or illness.
Poverty spread throughout the United States. It rose by 1.7 million to almost 47.5 million. Unemployment was at a high of 15.7%. The government distributed to help support families in need of nutritional neccessities. In 2009 food stamps kept 4.5 million people out of poverty. http://media.al.com/wire/photo/census-poverty-7ded1dd26b67e592.jpg
One of the causes of poverty is that people who rely on federally funded programs aren't getting what they need, is that they are not getting the nutrition that they need. Since they are focusing so much on food, they aren't able to pay off any housing taxes.
Joe Edel has created bubbly dynamics which uses vertical agriculture to raise crops. It started in Racine, Wisconsin and was later moved to Chicago, Illinois and renamed to the Chicago Sustainable Manufacturing Center. It also contains bicycle makers, artists, screen printers, metal fabricators, and tutoring programs for at-risk kids.
The Economic Oppurtunity Act promoted health, education, and general welfare for people in poverty. The names of some of the programs were Head Start and Jobs Corps.
Lyndon B. Johnson was elected the 36th President of the United States in 1963. His term ended in 1969. Lyndon B. Johnson and the Congress passed the Revenue Act and the Economic Oppurtunity Act in 1964. He created programs suc as Head Start and food stamps.
What brought the United States back out of poverty was Wolrd War II. In the beginning, the U.S. was not fighting, but supplying other countries with weaponry. This offered more jobs for the unemployed, which lead to people spending money.
Black Tuesday was the day that the entire stock market crashed. People went broke because their stocks lost all value. The drop in stock prices started macroeconomic hardships and also brought bankruptcy. The market lost $14 billion in stock. The total amount of money lost ended up at $30 billion.
People lost homes, money, jobs, and food. Due to the loss of food, many family members passed away from starvation and malnutrition. Money was such a neccessity that it tore apart families because people kept losing it. The main cause of the Great Depression was underconsumption.
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