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Oh no!!! What are we going to do basil!
OMG!!! Louis I just found out that the stock Market crashed
Supply and Demand
OMG!! Let's spend all of our money!
stores are lowering prices!!!
Many people lost their jobs
Sorry but you're fired
Black Tuesday was one of the reasons why the great depression started. Also known as the stock market crash. we lost 30 billion dollars in market value.
we have no food! Where's mom and dad?
After the stock market had crashed it was like dominos and had lead to supply and demand. During 1930 it caused surplus in goods which lowered prices and increased the demand.
Mad at government
Millions of people lost their jobs. About 25% of men were unemployed. People became poor.
After people lost their jobs they were to poor to own a house. So they built shacks out of scraps. Eventually they made small communities called hoovervilles
Thousands of people became homeless. They blammed the government for not helping them. Many people were angry and sad because of this
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