The Great Depression
By: Summer Yonce
What is the Great Depression?
- The Great depression started right after the Stock Market Crash.
- Started in 1929 and ended in 1939.
- Was the deepest and longest-lasting economic downturn in the history of the Western industrialized world.
Wall Street Crash of 1929
- The Wall Street Crash of 1929, also none as Black Tuesday.
- October 29th, 1929
- The causes of the Great Depression was in the early 20th century when the Crash of the Stock Market happened
Affecting The Economy.
- The Great Depression affected only the poor people, because the rich felt no impact at all.
- Couples didn't marry, because the marriage fees were too expensive and support two households.
- Birth rates dropped below replacement level for the first time ever in american history.
- Families suffered dramatic loss of income. It dropped 35% in those four years to $15M.
- Family relationships were destroyed by all the stress in the economy. Some families stuck together and made due with what they had, and other families fail apart.
- Men found themselves with no work. They had to rely on there wives, and children to make ends meet.
- People lost hope in themselves , and stopped looking for work, because of their low chances and lack of self- respect. So frustrated they just walked out completely on their families.
- Many women abandoned their husbands.
- Women got jobs out of their home, and found it easier getting jobs than their husbands. Working as domestic servants, clerks, textile workers, and etc. It increased the power in the home, and making a voice for themselves.