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Great Depression Mixbook

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Great Depression Mixbook - Page Text Content

BC: In the late 1930's the Great Depression started to weaken, however many Americans were still affected by the Depressions effects; the Germans became more powerful and quickly started taking over other country’s nearby. The American economy was helped a great deal when the fighting country’s needed supply’s and looked to America for help to make them. After Pearl Harbor was bombed in 1941, America entered was. And about 10million men and women were enlisted to go into the military. Seeing as we had a great number of men and women were fighting the ones left at home were needed to make supply’s for battle, seeing as how we needed soldiers, pilots, and workers to make ammunition; it was all part to the road of recovery for America's Great depression.

1: The Great Depression was caused by the stock market crash, when marketers traded in almost thirteen million shares to the New York stock exchange, and the investors lost about five billion dollars; on October 24th 1929 also known as Black Thursday. When 12.9 million shares were sold in one day and its triple it normal amount, thats when share prices fell 15 to 20 percent causing the stock market crash.

6: Everyone was affected by the Great Depression; upper class people had it a little better then the lower and middle class people but it was almost all the same Even some if not most of the upper class people became very poor during this time because of the stock market crash; when the upper class people had their money invested in stock “ BOOM “ guess what? The stock market crashed and the upper class people became poor before they knew it. So really everyone was affected during the Great Depression.

12: Life sucked lets just put it like that, people lost their homes, jobs, stocks, businesses, they lost almost everything. If you wanted to eat you had to eat in a soup kitchen and even then you had to wait until they were serving the meal, you could not go back to get more because they had to feed the whole town so what you had is what you got. Even most of the upper class people got really poor really quick because off of heir money was invested in stock... It sucked for people back then but it did get better...

17: . | It started in 1929 and ended in the late 1930’s to early 1940’s | .

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  • By: Sarah C.
  • Joined: almost 9 years ago
  • Published Mixbooks: 1
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About This Mixbook

  • Title: Great Depression Mixbook
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  • Published: almost 9 years ago