Great Depression
By: Areyna Saxon
What was the time period?
The time period of the Great Depression was (1929-1939)
Why did the Great Depression happen?
The Great Depression began soon after the stock market crash of October 1929, which sent wall streets into a panic and wiped out millions of inventors
How did the Great Depression happen?
The American economy entered an ordinary recession during the summer of 1929, as consumer spending dropped and unsold goods began to pile up, slowing production.
Who was involved?
During the 1930s, Franklin D Roosevelt guided the United States through its terrible crisis. When he took over, the United States was in the most of a great depression. The depression had taken away our nations wealth and strengt.
How did it affect the American and people?
The Great Depression did not affect everyone the same way. Many rich people didn't feel any impact on it, but up to 40% of the country never faced real hardship, and others were touched in some way.
What was the cause of it?
The causes of the Great Depression in the early 20th century are a mater of active debate among economists.
Who was the president during the Great Depression?
Americans 31st president was Herbert Hoover, he was the president during 1874-1964.