Isaac Quezada Davinder Singh Juan Anguiano Tejpal Singh Tut The Great Depression Isaac Quezada Davinder Singh Juan Anguiano Tejpal Singh Tut

What is the Great Depression The great depression was a time of an economical plunge which started by the 1929 Stock Market Crash The Great Depression is the time period from 1929-1939 when there was a very large economical setback that affected the whole world. The Great Depression ended because World War II caused the industrial to pick up speed in the recovery.

Before the Great Depression World War 1 caused the US to be Entusiastic. The Stock market hit a boom The Population thought there wasn’t going to be any plummet. Before the Great Depression there was a time of economical success. After World War 1 the US was very enthusiastic so there was a lot of investments in the stock market. Because of this the stock market had the biggest boom to date. The stock market was rapidly increasing its stock prices so most of the population thought the market was not going to plummet.

The Start Stock market crash of 1929 started the Great Depression. Although there were many bankers who added more money into the Market to Keep it alive, but to no avail The stock market crash of 1929 was the start of the Great Depression. The stock market crashed because the method of which the stocks were traded was the margin method. The margin method let the investors only pay 10-20 % of the price of to people who paid for rest of the stocks. When the stock market crashed the investors lost most of their money. Even though bankers kept adding money to the Stock Market the plummet did not stop.

Why was the Great Depression so bad The Great Depression caused the economy to deflate and tax to increase People lost jobs and stoped buying things During the Great Depression investments and consumer spending took a deep dive. This caused the economy to deflate and the tax to be raised. People stoped buying things and people lost jobs. At the same time the dust bowl occurred which made much of the farmland dry. The biggest thing was the poverty.

What happened to the people Because there was little spending the tax was raised and not many people could purchase items. The people were really unhappy and there was very little economical progress. During the great depression consumer items were not sold as much so the economy plummeted. As the people spent less money the gap between the rich and poor grew, for this president Roosevelt Signed Executive Order 6102, this made it illegal to store any gold currency. During the great depression people were very unhappy because of tax prices and the general mood of the country was solemn. Most people were unemployed and had very little money.

What programs were created The new relief programs were created to battle the Great Depression. President Roosevelt created the programs between 1933-1936 President Roosevelt Started many Recovery programs to help reduce the unemployment rate and to help people get out of poverty. The great depression ended with the help of the Recovery Programs. The Recovery programs were named The New Relief Programs. There are 10 Recovery Programs that Roosevelt made.

Recovery programs The top three are CCC- was created to provide new jobs for people CWA- Created high paying jobs in construction Civilian Conservation Corp- created in 1933 to fight the rising unemployment. CCC provided jobs in construction. Civil Works Administration- Was also created in 1933. It provided high paying jobs under construction. The program was ended in 1934 because of cost issues

Recovery programs SSA- was designed to prevent poverty by providing money. WPA- The largest program helped Millon's of people get jobs Social Security Act- One of the programs still used today the SSA provided money to people in poverty. Works Progress Administration- was the biggest New Relief program. It was validated in 1935. The program provided millions of people with Jobs by creating civil works projects like building roads and buildings.

What Stopped It The Recovery programs and World War II kick started the Economy. The Recovery programs Helped put most Americans into jobs and the World War II Caused the industry to bloom because of the sudden demand for Things like Weapons and food.

Bibliography Kelley, Martin. "10 Significant New Deal Programs." About. N.p., n.d. Web. 05 Sept. 2014. <http://americanhistory.about.com/od/greatdepression/tp/new_deal_programs.htm>. "The Great Depression." The Great Depression. N.p., n.d. Web. 05 Sept. 2014. <http://www.u-s-history.com/pages/h1569.html>.