The Depression

Depression

The Panic of 1893 was a serious economic depression in the United States that began in 1893. Similar to the Panic of 1873 it was marked by the collapse of railroad overbuilding and shaky railroad financing, resulting in a series of bank failures. Compounding market overbuilding and the railroad bubble, was a run on the gold supply. The Panic of '93 was the worst economic depression the United States had ever experienced at the time.



How was the depression

How was the depression

As a result of the Panic, stock prices declined. 600 banks were closed, 15000 businesses failed, and numerous farms ceased operation. The unemployment rate in Pennsylvania hit 25%, in New York 35%, and in Michigan 43%. Soup kitchens were opened in order to help feed the destitute. Facing starvation, people chopped wood, broke rocks, and sewed in exchange for food.

WW2 and how it start

WW2

The war in Europe began in earnest on September 1, 1939 with the invasion of Poland by Nazi Germany, and concluded on September 2, 1945, with the official surrender of the last Axis nation, Japan. However, in Asia the war began earlier with Japanese interventions in China, and in Europe, the war ended earlier with the unconditional surrender of Germany on May 8, 1945.

It Started by....

They invaded Poland on Sept. 1, 1939. Previously France, Britain and other countries had not been able to stop them from taking back the Rhineland, German territory lost to France in World War


How it ended

On August 15, 1945 Japan surrendered, with the surrender documents finally signed aboard the deck of the American battleship USS Missouri on September 2, 1945, ending the war.