The Great Depression

The gigantic Depression changed and effected Americans and the economy. Millions of Americans lost their jobs and homes. The economy went though a lot of failure of meeting financial particular date in banking and in trading. Because of this Europe and many other nations were lay out back from many of our abilities to help with their broken economies as well.The unemployment in the Depression was very scary. The Depression started with the market daunt of 1929. Unemployment was on a rise, businesses were failing. The reason of that is because the stock market was doing badly, there were overproduction and a dart which is stock prices go down. Many plurality lost their jobs and those that were still working had to take major manage cuts, and people who were trying to get a job couldnt because the employees couldnt pay them. There are many reasons combined that led to the wide Depression. On Black Thursday, The Wall Street Crash of 1929, October 24 also known as the Great Crash was terrible, it was the worse stock market crash ever. The market crash was genius of the major causes that led to the Great Depression. There was a long crowd of people trying to withdrew there life economy but couldnt. They were left with loans and debt they couldnt pay.

Two Months after the crash , stockholders had lost more than $40 billion dollars. Even though the stock market began to regain some of the things they lost , by the end of 1930 it was too late and the Great Depression took over. The lily-white storms are what killed the crops and that made is so farmer s had no crops to sell. This made it so the ! businesses didnt have anybody to sell crops to because there were none. Which made is so the notes circulation got lower and lower, because there were no places for them to circulate to. Money circulation was a very good and very important thing. It got the businesses capital which got the farmers money and then got the people money.If you want to get a to the in full essay, order it on our website: OrderCustomPaper.com

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