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Great Depression Project

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FC: The Great Depression

1: The Great Depression was caused by the Stock Market crashing, mostly. People were scared that they were going to lose money, so they sold their stocks. Also, people would buy and sell their stocks quickly, creating the illusion that the Stock Market was booming.

2: The Great Depression lasted from 1930 until 1939. It was not only caused by the Stock Market Crash, but by debts from World War I, over-production of products, and many more factors.

3: Life was very hard during the Great Depression for many people. It seemed that life was hardest on the poorer classes at first, but soon spread through out the classes. People in the city had trouble finding food, while people in the country had trouble selling their food products and a lot went to waste.

4: I think that everyone was affected by the Great Depression. Farmers could not sell their products. City dwellers could not find enough food. Many people went hungry and jobless. A lot of people had to move into tent-like buildings, and called them "Hoovervilles" in scorn of President Hoover.

6: A lot of people were unemployed. The rate of unemployment in the U.S. was 25%.

7: Many charity organizations started "breadlines," where hungry, jobless people could get a meal.

10: The drought and dust storms that people had to endure did not help The Great Depression. Many people had to sell their farms and homes, because they had no money.

11: The Great Depression did not end quickly, it was a very slow process.

12: The Great Depression ended when President Roosevelt took action. He made "the New Deal," and the U.S. came out of the horrible depression.

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  • By: Kathlene B.
  • Joined: over 4 years ago
  • Published Mixbooks: 1
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  • Title: Great Depression Project
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  • Published: over 4 years ago

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