The Far and the Near | Historical Context

The Far and the Near Historical Context

Following a revitalization that had taken place in the economic good times of the 1920s, the railroads were well equipped to handle the 1930s—or so they thought. Unfortunately, several factors led to the bankrupting of many railroad companies. Chief among these factors was the severe national economic downturn that the country experienced in the 1930s, called the Great Depression. Although the exact causes of this economic catastrophe are still debated, most historians give at least some blame to the stock market crash of 1929. The Great Depression bankrupted many individuals and sent the unemployment rate skyrocketing to a high of more than 23 percent. Hunger and poverty became common in many areas of the country. Some families who lived by railroad tracks were so desperate that they sent their children to search for dropped coal from passing trains so that they could heat their homes and operate their cooking appliances....
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