The Great Depression

The Great low When the Wall Street stock securities industry crashed in October 1929, the world economy was plunged into the Great Depression. By the winter of 1932, the States was in the depths of the greatest economic depression in its history. The soma of unemployed stack reached upwards of 13 million. Many plenty lived in primitive conditions close to famine. One New York family go into a cave in Central Park. In St Louis, very much than 1,000 people lived in shacks made from scrap metal and boxes. in that respect were many similar Ho all overvilles all over America. amidst 1 and 2 million people travelled the hoidenish urgently looking for work. Signs saying No Men Wanted were displayed all over the country. By the time of the election in November 1932, Hoovers popularity had reached rock bottom. It was not so far safe for him to go onto the streets to campaign. After his concentrated defeat, Hoover told his friends, we ar at the end of our string... there is zippo more we female genital organ do. The American economy did not fully recur until the USA entered the chip World War in declination 1941. Effects of the Depression 1.

Unemployment - 13 million people were out of work. 2. industrial fruit dropped by 45 per cent between 1929 and 1932. 3. House-building throw off by 80 per cent between 1929 and 1932. 4. The entire American banking system reached the brink of collapse. 5. From 1929 to 1932, 5,000 banks went out of business. 6. Although many people went hungry, the adequate to(p) of recorded deaths from starvation during the Depression was 110, although many other illnesses and d! eaths were credibly related to a lack of nutrition.If you want to get a full essay, order it on our website: OrderCustomPaper.com

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