The Great Depression
Taryn Carter
Summary
- The Depression Began in 1929 after the stock market crashed.
- The Great Depression made alot of Americans unemployed.
- Panic set in and stock values plummeted because if people couldn't pay the debt.
- WW II helped the the nation while the Great Depression was happening.
- Without money people couldn't regain the ability to do business, even farms
Franklin D. Roosevelt
Franklin Delano Roosevelt was born January 30 in Hyde Park,New york. He was the only child of James Roosevelt and Sara Delano and had a half brother James Roosevelt Roosevelt. He went to Harvard University and Columbia Law school. He was the 32nd president of the United States. Leading the United States through the Great Depression and WW II. His program called the new deal expaned the role in government in American society and helped the Great Depression
Timeline
1929- The stock market crashed on October 24 Black Thursday. Stock prices go down and banks call in loans.
1932- Unemployment is at 24.1 % for the year.
1933- More than 11,000 of the nations bank 25,000 banks closed.
Works Cited
Shmoop Editorial Team. "The Great Depression Timeline of Important Dates." Shmoop.com. Shmoop University, Inc., 11 Nov. 2008. Web. 15 Jan. 2014.