On Friday, October 24, 1929, the largest stock market crash took place in the United States of America. The Wall Street Crash of 1929 is considered the most significant crash in United States history. This crash had an economic and social impact in the United States. Say no to plagiarism. Get a custom essay on “Why Violent Video Games Should Not Be Banned”?Get Original Essay The Wall Street Crash was the result of the volatile rise in stock prices over the preceding years. “The surge in stock prices was caused by the irrational exuberance of investors, buying stocks at the margin, and excessive confidence in the sustainability of economic growth. » Many families were uprooted from their homes. Approximately 273,000 families had been evicted from their homes by 1932. Most families were fortunate to have the privilege of moving in with other family members, but some were forced to live homeless and in poor conditions. uncomfortable conditions. The huge amount of evictions has led to huge traffic jams, mainly in places such as cities and towns. Restricted living conditions harmed family associations and led to: abuse; arguments; health issues and more. Overcrowding has many effects, such as stress; and anxiety. Vagrancy resulted in many people living in uncomfortable living conditions and left them with inadequate sanitation and a lack of clean water. Displaced/homeless people starved to death due to poverty, which led to poor nutrition, which then led to a number of infections. This factor leads to a huge amount of health problems. Medical facilities were one of the things that the wanderers did not have access to, and due to malnutrition, people were not able to treat illnesses. About 33 percent of displaced people died due to poverty. This shows how poverty affects people, especially the homeless. There was an increase in ethnic discrimination against immigrants and African Americans during this time. They are the first people to be fired. The unemployment rate for African Americans and immigrants was twice that of white Americans in New York. State governments and charities were incompetent to respond to the situations and unable to provide assistance to those in need. Discrimination against female workers also occurred. Women were fired from their jobs if they were married. Women have been deprived of employment in favor of men/male workers. In the early 1930s, traditional unions completely excluded women. Countless unemployed people also suffered from poverty and felt embarrassed and ashamed to socialize. In the United States, poverty levels have increased significantly: “those living in poverty are defined as those who are denied sufficient income to meet their needs. » Housing; food; clothes; and water are some of the basic needs that people living in poverty cannot meet. The major economic crisis was unemployment. More than 20,000 businesses became insolvent and closed their doors. 25 percent of the American population became unemployed. Many Americans lost their jobs and were unable to feed themselves, provide for their families, or even pay off debts. Keep in mind: this is just a sample. Get now..