FC: The Great Depression By Jayla Eskridge
1: 1.Many believe erroneously that the stock market crash that occurred on Black Tuesday, October 29, 1929 is one and the same with the Great Depression. In fact, it was one of the major causes that led to the Great Depression. Two months after the original crash in October, stockholders had lost more than $40 billion dollars. Even though the stock market began to regain some of its losses, by the end of 1930, it just was not enough and America truly entered what is called the Great Depression.
2: 2.The great depression lasted from 1929 to 1941.
3: 3.Life during the Great Depression life was bad because there wasn't any food and people where out of work.
5: 4.The great depression did not affect many people. Rich people weren't affected, about 40% of people weren't affected. 5.The great depression ended The major turn-around for the U.S. economy occurred after the bombing of Pearl Harbor and the entrance of the United States into World War II.