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ELDERLY, IMPACT OF THE GREAT DEPRESSION ON THE: An entry from Macmillan Reference USA's Encyclopedia of the Great Depression [HTML] [Digital]

RON GOEKEN

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The perception that the elderly constitute a unique group with special needs is a relatively recent historical This situation changed dramatically during the 1930s. Although the Great Depression had a profound impact on all segments of society, the economic downturn and subsequent social upheaval presented unique problems for elderly Americans. As the economic crisis worsened, many employers were reluctant to rehire or keep on older workers. Widespread bank failures often wiped out savings accumulated over a lifetime of labor....

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