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The Great Depression
Transcript of The Great Depression
President Hoover, the United States, Europe, Germany, and the rest of the world. by Tressa Wood
What was the Great Depression? The Great Depression was a time
when everyone was poor and everyone
had no job and all the banks closed. Most of the people were homeless, with kids and wives but they had no money to feed them. When did the Great Depression happen? Who was Involved? Why did the Great Depression happen? Where did the Great Depression take place? How did the U.S get out of it? How are current events in U.S similar to events of the Great Depression? The Great Depression happened between 1920-1940. 11 years after WWI Black Monday happened and the stock market crashed because
there were no buyers because the people thought the stock price would be lower tomorrow, so the people
waited until it got at it's lowest price. That made our economy plummet,and that is what started the Great Depression. It happened all around the world and it affected many people who were unemployed and didn't have a home. The U.S finally got out of the depression when President Roosevelt made his "New Deal" when he lifted prohibition so he could put a tax on the alcohol and he made the Alphabet Angencies there was one that was the WPA that stood for "Works Progress Administration" but some people called it " We Piddle Around". But what really helped was when we went into WWII. Actually there is still a depression in the world because many people are getting let go because of budget cuts and many people don't have a home.