In the 1920s stockbrokers made a lot of money by selling stocks. They where living the good life and made a lot of money.
In the 1930s stockbrokers lost everything in the stoke market. People who had loans never paid the stockbrokers back. They had lost all their money and had to sell their belongings.
Economics in the 1920s were good. Stockbrokers had a lot of money and the stock market was soaring. Although farmers did not have a good time almost everyone else who was involved in the economy did. People bought many stocks and the stockbrokers made more and more money. The stock market was booming. However, that changed dramatically. In the 1930s the economy was horrible. After the stock market crash, stockbrokers could not get back the money they loaned out. Because of that, stockbrokers had no money left and they were poor. Also, many businesses, including banks, closed or failed. Stockbrokers lost their jobs and many did also. The Great Depression hit them hard. Stockbrokers lives changed dramatically from one of the richest to one of the poorest.
In the 1920s farmers had no help from the government and they where poor. They lost farms and their homes.
In the 1930s farmers where hit with the devastating dust bowl. It tore up many homes and killed helpless people.
In the 1920s bankers where living the good life and they loaned out money. The government did nothing to help.
In the 1930s, after the stock market crash, many banks closed and they lost a lot of money. The government stepped in and had a bank holiday to help.
Government in the 1920s was very laid back. They did nothing to help farmers that were struggling and did not get involved with the businesses. They believed in Laissez Faire and turned a blind eye towards the suffering of the farmers. In the 1930s the government's role changed. They tried to help the farmers and they helped the banks by having a bank holiday and giving money to help bring the banks back. The government gave farmers land and money to try and help them. Government passed Agriculture Adjustment Act to give money and land to farmers in order to help them come out of the depression. Farmers faced the change that now they had the government helping them. Although they still were mostly all poor, they had it better in the 1930s.