the great depression

Jackie Ketter

 

The great Depression

 

 

The great depression became in October 1929 when the stock market in the United States dropped rapidly. Thousands of investors lost all of their money and forced to live on the streets often going without food. This crash led into great depression. The ensuing period of 10 years ranked as the worst period of high unemployment and low business activity. Banks, stores, and factories were closed and left million of American jobless, homeless and without food.

 

The great depression had a quick and unexpected impact on the United States. Millions of people lost their jobs but also served as an important part of the United States history

because the great depression was the first time in history that the government started to involve itself in the economy of the nation. It didn’t affected only the poor and middle class men but also millionaire who headed to bankruptcy overnight.

 

family life during the great depression was pretty hard. Over 200,000 families lost their homes in the start of the depression and because bums or nomads traveling across the great American highways. While many cities were running out of money, farmers were also having difficulties of their own. Living during the depression for farmers was no easy tasks. Many farmers ran out of money and ended up losing theirs farms.

Impressum

Tag der Veröffentlichung: 14.06.2013

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