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Storyboard Text
FORCLOSED!!!
I WILL MAKE A CHANGE!
HEY SCOTT! DID YOU SEE THE STOCKS?
YES... I DON'T KNOW WHAT I AM GOING TO DO.
About 6,000 shantytowns, called Hooversvilles, sprang up in the 1930s.
Fedrick D Roosevelt was elected as President in 1932 when the people began to become unsure of Hoover's laissez-fair movement.
WE DEMAND WORK OR WAGES!
WE WANT WORK!
The stock market lost 90% of its value and didn't recover for 25 years.
The economy shrank by 50% during the first five years, bankrupting firms.
Unemployment remained above 10% until the 1940s. Many people were still upset by the unfair wages and no jobs and began to protest in hopes of change.
The Depression ended in 1939 while spending for WWII went up they concluded that military spending was benefiting the economy.
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