In October of 1929 the stock began to heavily decline. Investors tried selling stocks, which made stocks go down in price. Everyone sold everything they could to earn their money back
Stock Market Crash
Dust Bowl
Bankruptcy
Farmers had nothing after the Great Depression. Most sold their lands, and their livelihoods were destroyed
Banks failures were occurring all over causing people to lose their savings. Roosevelt created a "Bank holiday" to rebuild confidence from the Great Depression
Bank Failure
Job Loses
Millions lost their jobs and their homes because they didn't get paid their debts back from the Great Depressions stock market crash
Many didn't have enough money to pay for their houses, people sold everything to have a chance to survive