Grace Pacheco, Derek Vanasse, Joey Nishimori, Daniella Salgado The Great Depression Grace Pacheco, Derek Vanasse, Joey Nishimori, Daniella Salgado

Description In the 1920's, there was a huge crash in the stock market and the economy that was named "The Great Depression" Living standards had also improved, but the farmers had struggled with finances because they were overwhelmed with the mass production Farmers had to borrow loans to produce the food, but it ended up lowering the food profit and them not being able to pay back their loans

Description On October 29, 1929, there was a sudden drop in the stock market that later was named, "The Great Crash."  Many attempts were made to reboot or fix the stock market, but none of them turned out to be successful

Causes The Great Depression started after a severe fall in total demand When the Great Depression hit, the number of workers unemployed increased, which caused the unemployed people to spend little money Since people were hesitant to spend money, the production of goods decreased and workers earned less or were laid off 

Unemployment Issues Since the stock market had failed, a lot of people lost their jobs since there was no work to do Around 25% of the working citizens were unemployed at one point in time No work equals no money, so families didn't have sufficient amounts of food to feed themselves, nor did they a have a roof over their head A big hit to the farmers during the Great Depression were the dust storms in the 1930s which forced them to lose their jobs

Effects Many victims became bums and needed to look for jobs to buy food and other necessities Some were left homeless, dirty, and did not have families or proper clothing Strikes, that were sometimes violent, occurred among the agricultural workers and they achieved their goals in the end

Effects After the Great Depression, many civilians started to take a more active role in the business for the population  Multiple New Deal programs were created to provide safeguards that be came fixtures in the U.S economy 

Facts Discrimination was still a prominent issue during the Great Depression The president at the time when the Great Depression started was Herbert Hoover  The Great Depression finally ended in 1939

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Works Cited "A Hobo Remembers the Great Depression, 1929." DISCoveringU.S.  History. Detroit: Gale,       Resources in Context. Web. 15 Oct. 2016 Caldwell, Jean, and Timothy G. O'Driscoll. "What Caused the Great       Depression?" Social Education 71.2 (2007): 70+. Student Resources in Context. Web. 17 Oct.         2016. "The Great Depression." Gale Encyclopedia of U.S. History: Government and Politics.      Detroit: Gale, 2009. Student Resources in Context. Web. 16 Oct. 2016.