The Great Depression

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The Great Depression
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  • We have to get a job in the city. Our crops aren't selling!!!
  • But we need money to pay back the loans that we used for tractors.
  • I was wondering if I can get a job... oh
  • But I need the job to earn money so I can buy things.
  • I'm letting you go. We don't need you or new people
  • Oh no the stock market crashed. Are company didn't do so well. This is bad.
  • There were more crops than people demanded them so a lot of farmers wasted those crops. They also had gotten loans to get tractors, but now they can't pay back the loans.
  • Sorry we're out of business. We ran out of money.
  • I NEED TO GET MY SAVINGS!!!
  • They were letting people go and not hiring any new workers. Unemployment became a huge problem and people that didn't have a job couldn't afford new products.
  • As president, I will tell companies to not cut jobs and we will build more public works to increase jobs. I will also help banks.
  • We're in poverty because of you!!!
  • Seven months after the unemployment issue the stock market crashed. They would buy and sell stocks from companies and if the companies did good the stocks would go up in value. But they crashed. The crash was one of the causes of The Great Depression.
  • *Sighs* I guess its time to leave the farm. This drought has been the worst. There is no water ANYWHERE and I can't grow my crops without water. It's time to head West.
  • People that had bought stocks had gotten them with loans from banks. People expected the prices of stocks to rise and they did, but after some years they got lower. Then people started selling them so they went down even more. Since they sold them at any price they would get less than what they paid for, so they couldn't pay back the loans. The banks eventually ran out of funds.
  • The Great Depression had become like a test for the survival skills of Americans. Herbet Hoover would offer to help and he did, but sometimes it wouldn't help and make it worse. Since people cut their spendings Hoover told local agencies to give free food and free aid. Some people would move to public areas to build shacks and those areas would be called "Hoovervilles".
  • The farmers that kept their land had to face a challenge. There was a HUGE drought that would toast the topsoil into dust. Then the strong winds would also blow the soil into the air and after the topsoil got blown away nothing would grow. Then those plains would be known as the Dust Bowl.
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