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Read more The post 15 Photos of the 1929 Stock Market Crash and the Desperation It Caused appeared first on Wealth Gang. ... Exchange on Black Tuesday during the Wall Street stock market crash on ...
Unemployed men queued outside a depression soup kitchen opened in Chicago by Al Capone, 1931. During the early days of the Great Depression, musicians from the southern region migrated to the north to Chicago and the Chicago blues absorbed them into their fold, allowing their ensembles to become very popular. The originality of each musician ...
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The Original Soupman was a chain of soup restaurants originally run by Iranian-American soup vendor Ali "Al" Yeganeh (Persian: علي یگانه), modeled after Yeganeh's original restaurant Soup Kitchen International, which was a well-known soup restaurant at 259-A West 55th Street (between Broadway and 8th Avenue), in Midtown Manhattan, New York City.
Homelessness was present before the Great Depression, and was a common sight before 1929. Most large cities built municipal lodging houses for the homeless, but the Depression exponentially [3] increased demand. The homeless clustered in shanty towns close to free soup kitchens.
Depression Decade: From New Era through New Deal, 1929–1941 (1947), non-technical overview of economic history online; Morris, Charles R. A Rabble of Dead Money: The Great Crash and the Global Depression: 1929–1939 (PublicAffairs, 2017), 389 pp. popular economic history; also see online review; Ossian Lisa L.
A soup kitchen, food kitchen, or meal center is a place where food is offered to hungry and homeless people, usually for no cost, or sometimes at a below-market price (such as coin donations). Frequently located in lower-income neighborhoods, soup kitchens are often staffed by volunteer organizations, such as church or community groups.
After the Wall Street crash of 1929, when the Dow Jones Industrial Average dropped from 381 to 198 over the course of two months, optimism persisted for some time. The stock market rose in early 1930, with the Dow returning to 294 (pre-depression levels) in April 1930, before steadily declining for years, to a low of 41 in 1932.