Quick Answer: Who Profited From The Great Depression?

What businesses did well in the Great Depression?

Electric Boat Company gained +55,000% from 1932 to 1954, topping this interesting list of the top-10 performing Great Depression Stocks.1/ Electric Boat (Defense; +55,000% Return) …

3/ Truax Traer Coal (Coal; +30,503%) …

5/ Spicer Manufacturing (Auto; +26,221%) …

7/ Zenith Radio (Radios, Televisions; +24,146%) …

9/ WeWork.More items…•.

Were the rich affected by the Great Depression?

The Great Depression was partly caused by the great inequality between the rich who accounted for a third of all wealth and the poor who had no savings at all. As the economy worsened many lost their fortunes, and some members of high society were forced to curb their extravagant lifestyles.

Who is the poorest person in world?

man Jerome KervielThe world’s poorest man Jerome Kerviel has handed himself in to French authorities. Jerome Kerviel, the ex-Societe Generale trader who has more debt than anyone else in the world, has turned himself in to French authorities to begin a three-year jail sentence.

What did people eat during the Great Depression?

Chili, macaroni and cheese, soups, and creamed chicken on biscuits were popular meals. In the 70 or more years since the Great Depression, a lot has changed on the farms of rural America.

How did people survive during the Depression?

America’s Great Depression of the 1930s was a time of starvation and subsistence survival for many families. Decades later, many survivors of those years hold on to the survival lessons they learned, from hoarding pieces of aluminum foil to eating lettuce leaves with a sprinkle of sugar. Frugality meant survival.

What was life like during the Depression?

The average American family lived by the Depression-era motto: “Use it up, wear it out, make do or do without.” Many tried to keep up appearances and carry on with life as close to normal as possible while they adapted to new economic circumstances. Households embraced a new level of frugality in daily life.

What did people wear during the Great Depression?

Men wore suits and farmers or workmen wore overalls. Nearly always, the men wore a button-up shirt under their overalls. Details like nice buttons were used to add interest to dresses and blouses. These decorative notions were often re-used on other clothing pieces later on.

How much was bread during the Great Depression?

Bread in the Depression A loaf of bread sold for 5 to 10¢, compared to its pre-Depression price of 7¢.

Who was the richest person during the Great Depression?

Here is the list:Baseball star Babe Ruth, who made $80,000 a year in Depression-era dollars.Robber John Dillinger, who raked in more than $3 million in today’s dollars.Supermarket pioneer Michael J. … Charles Darrow, creator of the Monopoly game, who became the world’s first millionaire. … Oil man J.More items…•

How did people prosper during the Great Depression?

Grow your own. While small farmers suffered greatly during the Great Depression, those who could generate their own food in small gardens were able to supplement their diet with fresh fruits and vegetables. Urban subsistence gardens—on rooftops, in vacant lots, or backyards—became particularly useful during this era.

What is poor man’s food?

A hearty midwestern skillet full of flavorful ground beef, corn, and potatoes. Cook Time 20 minutes. Servings 6.