The Great Depression

Mackenzie Mitchell

when the great depression started and ended

The great depression peaked around 1932 till 1933. by, 1940 2.5 people fled the great plains area. roughly 200,000 people moved to California. The stock market did not return to pre-depression levels until 1954.

a kids life in the great depression

During the great depression children would look at superman comics for entertainment. Kids in Germany would play with worthless money. Children often had to work in fields. Families often had no choice but to put their children to work to help earn money. Sometimes kids accompanied their parents peddling goods or tending fields, but other times they worked more or less independently. Rather than watch their children starve, many families elected to send children to various relatives or friends in other places. Sometimes this was done out of a hope of a better existence, but in many cases it was simply to have one less mouth to feed. The primary effects for children of the American Great Depression of the 1920s and 1930s were hard labor, malnutrition and hunger. lf you do not know what the definition of malnutrition is it is a lack of proper nutrition, caused by not having enough to eat, not eating enough of the right things, or being unable to use the food the one does eat.

How the Great Depression Started

The depression was caused by a number of serious weaknesses in the economy. Although the 1920s appeared on the surface to be a prosperous time, income was unevenly distributed. The wealthy made large profits, but more and more Americans spent more than they earned, and farmers faced low prices and heavy debt.

How it Effected Germany

The Versailles treaty was considered by most Germans to be a punishing and degrading document because it forced them to surrender resource-rich areas and pay massive amounts of compensation. These punitive reparations caused consternation and resentment, although the actual economic damage resulting from the Treaty of Versailles is difficult to determine.

How it Effects Today

Speculation on stock led to the historic stock market crash in 1929 that brought on the Great Depression. Speculation on housing prices in 2003-2007 brought on the current recession. As of April 2008, the top 26 cities with the highest foreclosure rates in the country were all located in just four states: California, Arizona, Nevada, and Florida. For years, these states enjoyed double-digit increases in housing prices, leading to a housing bubble that was bound to burst.