Great
Depression Facts
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-the
great depression occurred from 1929-1932
-stock markets crashed and people rushed to get money out of the banks
-Joseph D. Kennedy people blamed Hoover
-fake stocks got bought and certain people got rich
-the government failed to prevent bank failures when banks loan more than they
actually had
-Roosevelt was the president who ended the Great Depression
-Hoover as the president when the depression when the depression started and
he allowed it to get worse after it started because he didn't know what to do
-prices got over time, but pay stayed the same in 1930, but it began to drop
the next year
-farmers were some of those who lost the most money
-conditions were bad for most farmers
-Germany thought the depression would affect them as well
-the Germans did not know how to solve their problem, so they nominated Adolf
Hitler to solve it
-this was one of the ways that Hitler got his power
-over-investment was one of the causes of the depression
-people were buying stocks even if they had a low value
-many people lost their jobs an became homeless
-world trade also decreased
-the economy rose before the depression and fell suddenly when it started
-the market lost nearly 5 million dollars
-the bankers to stop the crash by putting more money into the market
-the Rockefeller family (Rockefeller center) tried to make an effort to stop
the fall by buying up all of the stocks
-most people who tried to stop the depression in this way they lost money
-the Dow Jones hit it's all time at 41.22, 89 percent lower than when it started
-woman were allowed onto the N.Y.S.F. (New York Stock Exchange)
-the great depression affected nearly all countries around the world
-the great depression affected trade, as goods imported from other countries
rose in price, as each country tried to protect their own economy
-the Japanese and Germans started World War 2 during the depression
-the depression ended as the U.S. And other countries started building up, military
supplies , giving jobs to the unemployed
-rates of unemployment increased during Hoover's presidency
-it is unknown why the depression happened and when it did
-the banks ran out of money causing the bank to fall into dept
-right before the depression started, he U.S. Economy was past the peak of business
-some people made a fortune during the depression by investing, so when the market
came back up, they made money
-a private government sector to handle the depression
-the learning of money from the banks was getting up paid back
-the U.S. Tried to balance their market by asking people from other countries
to
-all the great depression was was a pattern of unemployment