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Transcript of Great Depression
It started in 1929 and lasted until late 1930s.
It started in the U.S. and spread quickly through the rest of the world. How did it affect daily life? The Great Depression caused high unemployment rates, poverty and the loss of opportunities for the economic growth.
Women had a lower unemployment rate than the men, because the specific sectors in which they worked were less affected by the depression.
The depression affected over millions in the middle class. What caused the depression? The depression was caused by overproduction,
because customers did not want to consume
all productions. The bank failures were also a cause, because the deposits were uninsured and as they failed, people lost their savings. Sources Szostak, Rick. "Great Depression." Dictionary of American History. 2003. Encyclopedia.com. 22 Apr. 2013 <http://www.encyclopedia.com>. Adas, Michael. "The Great Depression." History World. History World International, n.d. Web. 22 Apr 2013. <http://history-world.org/great_depression.htm>.