The Great Depression

The Great impression When the Wall Street stock grocery crashed in October 1929, the world economy was plunged into the Great Depression. By the pass of 1932, the States was in the depths of the greatest economic depression in its history. The physical body of unemployed stack reached upwards of 13 million. Many muckle lived in primitive conditions close to famine. One New York family go into a cave in Central Park. In St Louis, often than 1,000 people lived in shacks made from scrap metal and boxes. in that respect were many similar Hooervilles all over America. betwixt 1 and 2 million people travelled the land 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 non so far safe for him to go onto the streets to campaign. After his morose defeat, Hoover told his friends, we ar at the end of our string... there is nix more we f emale genital organ do. The American economy did not fully recur until the USA entered the reciprocal ohm World War in declination 1941. Effects of the Depression 1.

Unemployment - 13 million people were out of work. 2. industrial outturn dropped by 45 per cent between 1929 and 1932. 3. House-building throw polish 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 return of recorded deaths from starvation during the Depressio n was 110, although many other illnesses and! deaths were in all probability related to a lack of nutrition.If you want to get a full essay, order it on our website: BestEssayCheap.com

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