Beginning of it All
The Great Depression was an economic downfall in the United States, and Europe and other countries around the World. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
How It Started
The U.S. Went into collapse 6 months earlier, but still it may have been said that it began because of the Stock Market. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
The Great Depression originally started in the United States but spread quickly to different Countries all around the World. That slowly became a worldwide Pandemic. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
Europe’s Economy Already diminished
By this time the U.S. had won the War. And Europe’s Economy had diminished greatly because of the war itself. By war debts, and, in the case of Germany and other defeated nations, by the need to pay war reparations. So once the American economy slumped and the flow of American investment to Europe dried up, prosperity tended to collapse there as well. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
Banks and Businesses Failing
Many banks were consequently forced into paying back their debt; by 1933, 11,000 of the United States’ 25,000 banks had failed. And because of the banks failing and with the general nationwide loss of people investments, caused a reduced low spending in America and other countries. Thus began the collapse of America. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
Unemployment in Germany
In Germany, Unemployment had rose 25% which is basically 6 million workers without jobs and that cant feed their Families. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
Great Britain’s Unemployment Issue
Unlike Germany Great Britain was affected less that them. But still their exporting and industrial sectors remained “depressed” until the Start of World War II. “About the Great Depression.” Modern Day Poetry. . . 30 November, 2012.
Great Britain’s Unemployment Issue Continued…
Many other Countries have been affected by it by 1931. http://www.english.illinois.edu/maps/depression/about.htm
Countries protecting their belonging
By this time Countries sought to protect their products by imposing tariffs. raising existing ones, and setting quotas on foreign imports. The effect of these restrictive measures was to greatly reduce the volume of international trade. But by 1932 more than half of the countries value of world Trade was diminished after the countries took the measure against exporting of goods.
Riding the Rails
During the Great Depression since people were out of a job they went all across america hitching a ride on a train. Most of the people that were on the rails were teenagers, but there was men and women with there families. “The Great Depression.” About.com. . . 4 December, 2012.
The Dust Bowl
The Farmers were devastated by the dust bowl because the drought and no crops. “The Great Depression.” About.com. . . 4 December, 2012.
Small Farmers hit hard
mall farmers were hit especially hard. Even before the dust storms hit, the invention of the tractor drastically cut the need for manpower on farms. Normally the small farmers were usually were already in debt but since the dust bowl without their crops they were in even more of a debt. “The Great Depression.” About.com. . . 4 December, 2012.
Farmers trying to find Jobs
Since the Dustbowl wiped out most of their crops they heard of a rumor mostly in California that their might be agricultural jobs. “The Great Depression.” About.com. . . 4 December, 2012.
On the morning of Thursday, October 24, 1929, stock prices plummeted. Vast numbers of people were selling their stocks. Margin calls were sent out. People across the country watched the ticker as the numbers it spit out spelled their doom. “Stock Market Crash of 1929.” About.com. . . 5 December, 2012.
Still going on
The Stock Market Crash of 1929 occurred at the beginning of the Great Depression. Whether it was a symptom of the impending depression or a direct cause of it is still hotly debated. “Stock Market Crash of 1929.” About.com. . . 5 December, 2012.
Electing Franklin D. Roosevelt
With the slump of the Great Depression it led to the election of Franklin D. Roosevelt. http://www.english.illinois.edu/maps/depression/about.htm
Franklin D. Roosevelts New Deal
His “New Deal” was to improve the drastic shift in America’s Falling Economy. While it did not stop the Great Depression it help structure America For World War II. http://www.english.illinois.edu/maps/depression/about.htm
Hi new deal helped by having massive public work-projects. http://www.english.illinois.edu/maps/depression/about.htm
World War II kicks the Depression into High Gear Figuratively.
The Great Depression didn’t Turn around until World War II needed it to kick into high gear. “The Great Depression.” History.Com. . . 30 November, 2012.
WPA helps Ends the Great Depression
The WPA helped end the Great Depression by they employed more than 8.5 million people back to work. “The Great Depression.” History.com. . . 3 December, 2012.