The Great Depression

Tayler Davis

summary

  • The Great Depression was the worst economic crisis of the modern era
  • The Great Depression started in 1929 and lasted until World War 2
  • Industrial production, farm prices, and stock pricess decreased majorly
  • Also unemployment rose about 25 percent
  • One in every three of the nations banks failed many people lost all their money that they have been saving their whoel life



Citation

Franklin D. Roosevelt

He led the United States during both The Great Depression and World War 2.

Franklin also has a disability that made him paralyzed from the waist down.

As president he set out to create new groups for the poor and to help get the economy moving again which was known as the New Deal.

Franklin D. Roosevelt said that "the only thing we have to fear is fear itself."

Franklin also developed programs programs to regulate the economy, provide jobs, and offer citizens economic protection.


Events

  • 1932 and 1933 were the worst years of the Great Depression
  • From 1929 to 1932 over 13 million Americans lost their jobs
  • In 1924 the stock market begins to raise