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The Great Depression
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Oh, hey! I did not see you there. I was just thinking this really crazy history lesson I just learned about the Great Depression.
Have you ever heard of the Great Depression? Well let me tell you about it.
It all started in the 1920's. America was BOOMING!
America doubled it's wealth from 1920-1929, but in October 1929 the stock market crashed.
Suddenly the economy was crashing. Businesses were failing. Workers were losing their jobs. And the investors lost their money
It gets worse.. Those who lost their jobs couldn't find new ones. Productions were decreasing causing more and more businesses to go under.
More people lost their homes, and relied on Soup Kitchens.
In 1930 there was a big drought that started to kill farmer's crops and livestock. People started moving into the cities.
Most of the nation's banks failed.
People used dancing and board games to find ways of entertainment.
People started trying to find ways to distract themselves from all that was going on.
The Great Depression also introduced social classes: upper class, middle class, and lower class
Women started joining the workforce. Financial pressures pushed women to find jobs to help support their families and help out their husbands
Roosevelt was re-elected in 1936
President Roosevelt enacted the New Deal which set up service projects, financial reforms, and many regulations to try and get the US back on track
The Second New Deal was set up. It created WPA which helped find or set up for those who could not find one
The Great Depression came to an end 1939 when World War II started. The war provided jobs for many and also got the productivity in the US back up
Wasn't that a crazy 10 years of history?! Well, thanks for listening!
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