The Great Depression

The causes of the Great depression

The Great depression was a tragedy that put millions of Americans unemployed. after decades of prosperity and optimism the United States was thrown into Despair. On black Thursday October 29, 1929, the day, the Stock market crashed and was the official beginning of the Great depression. As the stock prices dropped panic stuck with no hope to recovery.

People tried to sell their stock, but no one was buying. Many bank invested their clients savings in the stock market, which caused banks to foreclose. people were afraid of losing their savings so they withdrawal so much money from the bank it caused an additional amount of banks to close.

Dust Bowl

From Previous depression farmers were mainly safe cause they were able to feed them selves. when the Dust Bowl hit the great plains with a drought and dust storm. Destroyed Crops, grass, and every thing needing to farm. Thousands of farms in debt, broke, and then homeless.

End

After F.D.R(Franklin D Roosevelt), assuming presidency, promoted federal funding programs aimed at restoring american economy, helping relive the suffering of the unemployed, and reforming the system. the federal Gov. imposed rationing recruited six million, defense workers( including women and African american), and ran a massive deficits to fight world war II. when world war II came it caused a lot of jobs to open and it was the end of the great depression.
The Great Depression 1929 - Documentary

"The Great Depression." About.com 20th Century History. N.p., n.d. Web. 15 Apr. 2013.

"The Great Depression." N.p., n.d. Web. Apr.-May 2013.

N.p., n.d. Web. Apr.-May 2013.

Rosenbarg, Jenifer. "The Great Depression." About.com 20th Century History. N.p., Apr.-May 2013. Web. 15 Apr. 2013.

Rosenbarg, Jenifer. "The Great Depression." About.com 20th Century History. N.p., Apr.-May 2013. Web. 15 Apr. 2013.