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Published bySelina Gleave Modified over 9 years ago
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By: Brandon H., Kaitlyn G., Colin O., and Michael K. THE GREAT DEPRESSION
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Black Tuesday Black Tuesday was the day the Stock Market crashed and the start of The Great Depression. Many people saw that stocks were falling and panic sold all of their stocks, making the market crash. The Stock Market was no longer an available source of income and people who made money using it went bankrupt.
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The 1932 Election Franklin D. Roosevelt was the winner of the 1932 election. His first plan of action was what he called “The 100 Days” He started the document called the New Deal.
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The New Deal Franklin D. Roosevelt’s plan of action against The Great Depression was called the New Deal. The New Deal provided help to farmers and factory workers. It also created a new, more stable, banking system so the banks couldn’t crash in the future.
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The Dust Bowl The Dust Bowl was an area in The Great Plains that was hit by dust storms and was overgrazed by cattle. During former depressions farmers could get by by growing their own food. Because of the dust storms and overgrazing the land could no longer be farmed on, so farmers went poor without a source of income.
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WW2 – Effects on the economy Many people marked WW2 as the end of the Great Depression. People called it the end of the Depression because the war added new jobs to the economy because the military needed vehicles, weapons, and artillery.
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Conclusion With the help of Roosevelt’s New Deal and the boost do the economy provided by WW2 the Great Depression ended. With aid from the government the farmers were able to start farming again and factories reopened with jobs for all the unemployed.
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