S: The Great Depression
BC: Thanks for reading! | By David Bukoski
FC: The Great Depression | By David Bukoski
1: What caused the Great Depression? | The stock market crash of 1929, which occured on Black Tuesday. Two months after the crash, investors had lost $40 billion dollars. Bank failures were also a cause. Over 9,000 banks had failed in the 1930s. Because bank deposits were uninsured, people lost their savings.
5: How long did the Great Depression last? | \ The Great Depression began in 1929 and ended in 1941. Ended in high unemployment and lack of economic growth.
6: What was life like during the Great Depression? | Lack of money, food and many other daily used things were unavailable due to this economic crisis. Unemployment rose 13 million by the end of 1932. The rich grew even richer, at the expense of others.
8: Who was effected by the Great Depression? | Mostly everybody's lives were effected by this economic crisis. The rich were the least effected due to the expenses of others.
13: How did the Great Depression End? | World War II vitalized the country. It created more jobs, and boosted the economy. The New Deal reduced harsh effects of The Great Depression.