BC: Project written and made by Alyssa Wise done for American History Class year 2012 project was on the great depression for those of you who just looked at the pictures :D <3
FC: goo | The Good Times, Or the bad ?
1: How long did the Great Depression last ? | The Great Depression lasted from Black Tuesday 1929 until 1941 lasting a grand total of 12 years !
3: What caused the great depression ? Well that is isn't as simple as everyone says it is . Many people just think it is because of Black Tuesday , or better known as the day the Stock Musket Crashed ! However, in that time period a lot of people were not getting loans from the bank because the new style of "payment plans". Many of the American people were buying things that they couldn't necessarily afford in one lump sum . So many people didn't have to get loans because they were able to pay it off a little at a time.
4: What was life like during the Depression ?
5: As you can very well see life in this time period was NO "walk in the park . Unemployment had gone up 15% since 1920
6: Many people in this era were jobless, begging for food , and trying to make due with what they had. Even many who had money before Black Tuesday had become poor in an instant. Employers didn't have enough money to pay all their workers , so they laid them off.
7: Who was effected by the Depression? I think the clear answer to this question is EVERYONE ! Lower class men lost their houses and money , people in the middle class had some money , and the rich well they were down to lower class in a few short months if that
8: Being homeless isn't exactly what everyone one wanted but they pulled through . Confused stock holders and hard workers were all in awe of what truly they could even attempt to do .
9: So what ended the great depression ? World War one actually ! It created jobs so that the soldiers over seas would have food and supplies !