Ducksters history great depression

• The Great Depression was a worldwide economic downturn that lasted for many years.
• It started in the United States and affected almost every country.
• One of the most important things it did was make people want to get new jobs.

The Great Depression was the worst economic event in history.

The Great Depression started with the stock market crash of 1929. It lasted until World War II ended, which was 1946. Economists and historians often say that this is the worst event in modern history.

The stock market crash in October 1929 was the beginning of the Great Depression.

By 1933, there were 25% unemployment rates.

Ducksters history great depression

More than 5,000 banks had closed.

President Herbert Hoover tried to fix this by using the Reconstruction Finance Corporation, but these measures did not work well enough. Franklin Roosevelt became president in  1932.

His New Deal offered a different approach to solving the Great Depression.

What caused the Great Depression

The U.S. economy was excellent, and pe