S: The Great Depression Tobin
BC: By: Erinn Tobin et13335 American History
FC: The Great Depression | By: Erinn Tobin
1: In 1930 a number of bad conditions caused the US to fall into a state of depression.
2: In 1929 the stock market crashed, and because banks were huge investors they also fell. Now many people couldn't withdraw their money, so they stopped buying products.
3: Now that spending had ceased, there was a surplus of goods, so no need for workers. This made the unemployment level rise. | (To left men compete for a job) The US government tried to help workers by passing tariffs on foreign goods. They hoped that it would help US businesses which would create more jobs.
4: The plan backfired. Foreign countries lessened trade with America, pushing it further into economic turmoil. | A typical room for a family on relief.
5: To make matters worse, a drought hit the Mississippi Valley forcing many farmers to sell.
6: The Great Depressions lasted 12 years. (1929 - 1941)
7: Unemployment was a big problem for many Americans. With it, came Widespread hunger and poverty.
8: 3 million children left school. 200,000 children lived on the streets. (school house to right) | Many lived in shanties. -left shack -bottom right- typical home.
9: Many relied on city missions for food. (-left, boys wait for soup)
10: Almost everyone was affected by the Great Depression in some way. Most farmers in the Mississippi Valley lost their crops because of the drought.
11: Stockholders, including banks, lost millions of dollars when the stock market crashed. This caused thousands to lose their jobs. | Without jobs people couldn't afford simple necessities such as food and shelter. Many were constantly hungry and barely able to survive on city mission help. Some people were forced to live on the streets, eating whatever they could find. (top left- person eating wild turtle)
12: For those who could afford it, movies and radios became a popular pastime.
13: In 1939, 80% of the population owned a radio set. Maybe this was a sign that things would soon get better.
14: The Great Depression finally ended in 1941 when the US entered WWII. The war created many jobs that helped people get back on their feet.
15: The "fire" needed for the war, saved lives as well as destroyed them. It is sad to think that it took a war to save America from the Great Depression.