The Great Depression

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by RoseKuntz
Last updated 2 years ago

Social Studies
American History

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The Great Depression

Black Tuesdaywas the day the stock market crashed. that day was October 29, 1929.By 1933, when the Great Depression reached its peak, some 13 to 15 million Americans were unemployed and nearly half of the country’s banks had failed.

Farmers were so desperate to raise the price of livestock and other livestock products that they would dump millions of gallons of milk and slaughter millions of piglets and cattle.

The Depression started when Hoover came to office. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and rising levels of unemployment as failing companies laid off workers.


Depression Website

From a generation that came of age during the great depression, millions of our country’s best and bravest took up arms in a worldwide struggle against tyranny. -- Steve Buyer


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