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The Great Depression

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S: The Great Depression

FC: The Great Depression | By: Nadiyah Carswell

1: The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade.

2: The United States is the one country that bore the brunt of the Great Depression longer than expected. The depression in the US lasted for one more year than that of Canada. It lasted for eleven full years; whereas Canada was quicker to come out of the depression.

3: Most characteristic of life during the Great Depression was the widening gap between the haves”and have--nots.” Unemployment rose from a shocking 5 million in 1930 to an almost unbelievable 13 million by the end of 1932. It would be rural America that would suffer the greatest. Unemployed fathers saw children hired for sub-standard wages. In 1930, 2.25 million boys and girls ages 10–18 worked in factories, canneries, mines, and on farms. Children left school to support their families.

4: All of the people were effected by the great depression because they were part of it the poor people how were mostly affected because they had no money and their was not anything to eat,and there was no home to go to and the wealthy were only effected a little because they lost little money.

6: The suffering American economy was given a boost when the fighting countries needed supplies and looked to America to make them. After Pearl Harbor was bombed on December 7, 1941, America entered the war. The U.S. enlisted more than 10 million men and women into the military. Since so many were fighting in the war, it was left for those left at home to work in the factories to make supplies for the war effort. The desperate need for soldiers, pilots, and workers to make ammunition, weaponry, and air/sea craft all contributed to the end of the Great Depression. The economy of America skyrocketed and was on the road to restoration.

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Nadiyah Carswell
  • By: Nadiyah C.
  • Joined: almost 7 years ago
  • Published Mixbooks: 1
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  • Title: The Great Depression
  • Tags: None
  • Published: almost 7 years ago

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