The Great Depression
By Lizzie Stephens and Justin Montanari
Effects on other countries
The Dust Bowl
It actually ended when we started producing war goods for Britain in 1940. This created a bunch of jobs, and the economy improved. People started spending again. This is the only good thing about Hitler, due to his starting World War II, it took the world out of Depression.Now while Hitler was an evil man his actions did bail us out of the Great Depression.Other reasons we were brought out of the depression was that FDR first closed the banks to reassess how they handled their money. Then after the first few days, some safe ones were reopened. He also started the FDIC to insure people's money in case their bank was to close. The New Deal created groups to carry out relief, help the poor, and help farmers. These agencies created millions of new jobs, such as people to clean streets, build dams, plant trees, maintain bridges and infrastructure. The depression continued on through WWII...that's why there were ration coupons and a lot of metal was recycled. But the war also opened new jobs in defense industries.It was the end of the war that cycled in better economic times.
- 4 years ago
Did you know?
- When money was scarce children would make kites for fun because it was affordable. The materials were sticks, paper, string, and rag scraps for the tail of the kite.
- The game we know today as miniature golf began as "midget golf" during the Depression. People could not afford to play on real miniature golf courses so they used old tires, scrap wood, rusty pipes, and other waste items to make obstacles golf courses on empty lots.
- People could barely afford to even buy food, so buying clothes wouldn't happen. People would replace worn-out shoe soles with cardboard. They would line their shirts, pants, and jackets with old newspaper in the cold weather.