What businesses thrived during the Great Depression?

Answer 1

At the very height of the Great Depression (1930-33) hardly any businesses did really well, and success was relative. As usual in such circumstances it was the 'new' industries that tended to do best, in particular: * Movies. Almost every town of any size saw the opening of new and bigger cinemas. 'Talkies' added to the popularity of the cinema. * Radio. In the 1930s radio became widely available to better paid workers. * Mass produced automobiles. (Not really a new industry, but a 'young' industry). * Electrical industries. During the 1930s most houses that weren't yet on mains electricity were connected. A huge range of companies did well as a result - ranging from the manufacturers of cables and light switches to those producing electric carpet sweepers and so on. * At the luxury end of the market, air travel did well - but it was still generally expensive and only for the few. * The very low interest rates encouraged house building, especially when it was clear that prices had stopped falling. * In Europe, Germany and then Britain spent huge sum on rearmament from about 1934 onwards.

Answer 2

Furniture stores were selling well for some odd reason.

Stuff like guns and liquor wasn't as profitable ( unless you had a big company, and/ or a gang like Capone.). Farming wasn't that good.

Newspapers did well only for a bit. Banks that still made it, people who swapped land etc. made a lot of money.

Answer 3

At the very height of the Great Depression (1930-33) hardly any businesses did really well, and success was relative.

As usual in such circumstances it was the 'new' industries that tended to do best, in particular:

• During the war, the gun industry profited
• Radio. In the 1930s radio became widely available to better paid workers.
• Mass produced automobiles. (Not really a new industry, but a 'young' industry).
• Electrical industries. During the 1930s most houses that weren't yet on mains electricity were connected. A huge range of companies did well as a result - ranging from the manufacturers of cables and light switches to those producing electric carpet sweepers and so on.

Answer 4

During the great depression, foodstuffs, tobacco, amusements, public utility, and electrical equipment industries thrived. The shipping industry also thrived. Aristotle Onassis amassed a fortune in the shipping industry at the peak of the Great Depression.

Answer 5

all the people didnt have money they were selling their own items for money so they could get food they rarely got food

Answer 6

The film industry did well both finacially and creatively. 1936 is often considered a landmark year for movies: Citizen Kane, The Wizard of Oz, etc...

Answer 7

Well, during the great depression, though certain industries majorly failed some blossumed. For instance oil and condom companies

Answer 8

Business was horrible. Employers couldn't pay their workers because the banks that handled their money and payroll systems went under.

Answer 9

Salons/barber shops and BARS