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Great Depression

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Great Depression - Page Text Content

1: There are many things that caused the Great Depression. Some of them include the Stock market crashing and the fact that many people were purchasing stock with borrowed money. Also the banks were crashing which sent the public into a panic. | Also because the farmers were forgotten after WWI; they began to foreclose. Since they were losing land and money food would soon become a scarce resource.

2: The Great Depression was from 1930-1939 . The stock market had crashed in 1929 which lead to the panic of many people. This caused many people to lose most if not all of their life savings.

3: Life during the Great Depression was not well. Many people were unemployed and waiting in soup lines. | Many of the people who lost their jobs and money; built houses out of anything they could find.

4: Everyone was affected by the Great Depression. But farmers got hit the hardest. This lead to many Americans losing their jobs and life style | The Dust Bowl added insult to injury for the farmers because even if the were able to keep their land it was now unable to be farmed.

5: The Great Depression was getting better around 1936 but what ultimately got us out of it was WWII. This is because we started to produce weapons and other goods for the nations at war. Since they were buying we were able to get the economy back up to speed and produce jobs for many of the unemployed.

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  • By: Mike S.
  • Joined: over 8 years ago
  • Published Mixbooks: 2
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  • Title: Great Depression
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  • Published: over 8 years ago