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Family Income Distribution in 1929


2.3% had an income of over $10.000
8% had income over $5,000

71% had incomes of less than $2,500
60% had incomes of less than$2,000
42+% had incomes of less than$1,500
21% had incomes of less than$ 1,000

Average net farm income
1929=$962
1932=$288

Corporate Profits
1929=$10 billion
1932=minus $3 billion