Facts About The Great Depression

The great depsression is a worldwide economic depression that was during world war 2!Herbert Hoover was president during the Great depression. On Tuesday October 29,1929 is known for Black Tuesday because of the plunge the market took, and it largely.Yes.

Economy

The Great Depression had a devastating effect of the econmy of every country, rich and poor. Interational trade plungered. The unemployment rate in the U.S. rose to 25%, in some other countries it rose to 33%. Farming and rural areas suffered as the crop prices drop by about 60%. The areas dependent on primary sector industris like cash cropping, mining, and longing suffered the most.

For more than a decade, from 1929 to 1939, America's free-market economy failed to operate at a level that allowed most Americans to attain economic success. Those of us lucky enough not to have lived through the ordeal of the Great Depression may have a difficult time imagining the unprecedented depths of economic collapse and social disarray that mired America in the 19.
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Facts about the Great Depression

 When Was the Great Depression, It lasted from 1929 to 1941, 12 years.

Nearly 50% of the childernof the Great Depression did not have adequadte food, shelter,or meidcal care. WWW2 eventually pulled the US out of the depression by creating new jobs . The Great Depression changed the familyin many ways.Some men also abandoned their families; a 1940 poll reavled that 1.5 million married women were abandoned by their husband.

On BlackTuesday, October 29,thes market lost $14 billion,making the lost for that week astouding$30 billion. In1930 President Hoover claims that “the worst was over” this statement appeared to be 11 years too early. By the end of the depression the stock markets fell 89%.The Great Depression was a srever worldwide economic depreession.The Great Depression had devastating effects in virtually every country, rich and poor.