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The Great Depression 1929-1939 By: Mustafa Azam and Hesham Atoui
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Why there was a Great Depression The great depression (also known as the great crash) started because the stock market crashed. It was on Tuesday October 29 1929 but it really had started on Thursday October 24 1929 because they couldn’t keep up with the, market tracking and the market fell 33 points or 9%. Share prices fell 15 - 20%, causing a stock market crash. This kept happening until black Tuesday and then everything fell apart.
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Graphs showing the great market crash in 1929
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Why the depression of 1929 was so severe and sudden. World war one had just ended and then after it the great depression also world war 2 was during the great depression. So the war had ended and so it had started going up slowly and then all of a sudden it went done. There were signs that men had to keep moving if they didn’t have jobs so many people didn’t have a job. Pictures showing how desperate they were. A sign saying that people who have no job keep going.
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Effects of Depression 13 million unemployed 13 million unemployed 5,000 Banks collapsed 5,000 Banks collapsed From 1929-1932 From 1929-1932 Prices went up for everything Prices went up for everything 110 deaths from lack of nutrients 110 deaths from lack of nutrients Graphs showing the unemployment in that time of the great depression / unemployment rate
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Causes of the Wall Street Crash and Depression Too many goods were made Farmers produced too much produce Too many small banks out of business Companies taking risks America gave huge amount of money to Europe European banks collapsed Farmers
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Life in the Great Depression ¾ of all workers worked part- time People lived in small places Kicked out of houses Couldn’t afford medical care and bought used food Couples had to delay weddings
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Started the Great Depression Companies were out of business Food prices went higher Starvations and deaths The Impact the Crash had on the Economy
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The effects of the Depression where on American people. There was high unemployment Banks collapsed a lot of people didn’t have jobs People didn’t buy products companies Got out of business too much of everything and things not being used
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How the Great Depression Ended Herbert Hoover made it worse The FDR expanded the economy Made prices lower from 1933-1937 Another depression from 1937-1938 Herbert Hoover
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The wall street was the main cause of the great depression The wall street was the main cause of the great depression because they had lost to mush money and fell points and they didn’t have enough to hire a lot of people so then many would be in need of money for shelter, food and water but if they didn’t have a job how would they afford it.
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Questions When did the great depression begin? Why did the great depression? How many people were unemployed? Who expanded the economy? What happened before the great depression. Give some things that caused the wall street crash.
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