The Great Depression

Chris Hoogland

Summary of The Great Depression

The Great Depression was a major point in the history of the U.S. and even the world. This depression was and still is the worst one that has ever hit the modern world. It began in 1929 and went all the way to the beginning of World War II in 1939. Things had been brewing since the end of World War I. Everything looked like it was going to be very good but under neath the surface it was not good at all the stock market rose so high that everyone started to sell their stocks and the market took a disasterous turn for the worse. People started to loose their jobs. They had to start getting food from the soup kitchens in the beginning. businesses shut down and even did the soup kitchens. It got so bad that people lost their homes cause they couldn't afford their payments and began living on the streets.

Key Person During The Great Depression

A key person during the Great Depression is President Franklin D. Roosevelt. His new programs and policies is conscentrated on the immediate fix and the long-term recovery and the reformation of the country's economy. Even though FDR was in a wheelchair he surely convinced the people that "The only thing to fear is fear itself." said by him at one of his speeches to the nation. Later he would go on to be the president during World War II and he led the U.S. to a heroic victory over Nazi occupied Germany, and the Imperial state of Japan. President FDR later died while serving his fourth presidency on April 4, 1945.

Major Points During the Great Depression

  1. The stock market crashed. (October 1929) - The American Stock Market crashes starting the onset of the Great Depression.
  2. New York's bank goes under. (December 1931) - The bank loses $200 million in deposits.
  3. Unemployment rate at it's highest point 24.9% (1933)

The Great Depression

Work Cited

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Shmoop Editorial Team. "The Great Depression Timeline of Important Dates." Shmoop University, Inc., 11 Nov. 2008. Web. 15 Jan. 2014.

"The Great Depression." SparkNotes. SparkNotes, n.d. Web. 15 Jan. 2014. <>.

"The Great Depression." YouTube. YouTube, 18 Mar. 2007. Web. 16 Jan. 2014.