Great Depression

In Glogpedia

by mmuttio123
Last updated 4 years ago

Discipline:
Social Studies
Subject:
History
Grade:
9

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Great Depression

The Great Depression transformed American social and political institutions and the ways individual people thought about themselves and their relationship to the country and the world. Though no two people had the same understanding of the Depression, everyone felt challenged and changed by the experience.By 1932, three years after the initial crash, near thirty million Americans had lost their source of income, from unemployment or loss of a family breadwinner.

Black Tuesday

Black Tuesday refers to October 29, 1929, when panicked sellers traded nearly 16 million shares on the New York Stock Exchange (four times the normal volume at the time), and the Dow Jones Industrial Average fell -12%. Black Tuesday is often cited as the beginning of the Great Depression.

Herbert Hoover

Herbert Hoover (1874-1964), America’s 31st president, took office in 1929, the year the U.S. economy plummeted into the Great Depression.On October 24, 1929–only seven months after Hoover took office–a precipitous drop in the value of the U.S. stock market sent the economy spiraling downward and signaled the start of the Great Depression.

Citations

THE DUST BOWL: A Film By Ken Burns | Premieres Sun., Nov. 18th | PBS. (n.d.). Retrieved January 30, 2015, from https://www.youtube.com/watch?v=MYOmjQO_UMwHerbert Hoover. (n.d.). Retrieved January 30, 2015, from http://www.history.com/topics/us-presidents/herbert-hoover

GREATDEPRESSION

How was life during the Great Depression?

DUST BOWL


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