Amoskeag unemployed

The transcript discusses the financial struggles of mill families who, after exhausting their savings, turn to relief and charity. It highlights the events of August 1936, leading to the inevitable industrial failure, culminating in the auctioning of Amos Cake to the highest bidder.

What did the mill families do when their savings were depleted?

• They started a new mill.

• They moved to another city.

• They turned to relief and charity.

• They invested in new businesses.

How did the mill families cope with their financial situation?

• By selling their properties.

• By starting new businesses.

• By turning to relief and charity.

• By seeking government loans.

What significant event occurred in August 1936?

• The familiar conclusion to industrial failure.

• The start of a new industrial era.

• The opening of a new mill.

• The introduction of new technology.

What was the outcome for Amos Cake due to the industrial collapse?

• It was restructured and reopened.

• It was closed permanently.

• It was offered to the highest bidder.

• It was expanded to new markets.

What does the auction of Amos Cake signify?

• The end of an industrial era.

• A new beginning for the company.

• A successful business strategy.

• The start of a new investment.