Germans during the Great Depression
Texte du Storyboard
- The Great Depression started when the Wall Street Exchange (World's largest stock market) crashed in 1929. Everyone in the world made frantic efforts to sell their shares. On one single day, 24 October, 13 million shares were sold.
- Bro, do you know the wall street exchange crashed?
- Yeah, i know and i think this will make the world economy unstable.
- Yes, now we have no source of income. We have no money.
- Due to The Great Depression, Factories were shut down and people lost their jobs and had nothing to do.
- CLOSED
- What will we do now, we lost our job due to closing of the factory.
- No sir, please don't fire me.
- Due to The Great Depression, exports fell sharply. Neither the countries were able to export nor import things. This show that how bad was the economy status of the countries and many people lost their jobs.
- Sir, we our not having enough money to export our products.
- Hmm! then close the exports. And also you are fired.
- Sorry but there is nothing i can do now.
- In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms. In some cases, the price of a bushel of corn fell to just eight or ten cents. Some farm families began burning corn rather than coal in their stoves because corn was cheaper.
- Son, can you go to town and sell the surplus of the last season.
- What, then how will we earn money?
- But, dad the prices of the crops have decreased and we won't make any profit.
- Hey! you know now-a-days finding and getting a job is vert difficult.
- After the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.
- Yeah! I know and if you find one, you have wait in a long queue to get a job.
- Yes, you are right and this all due to the crashing of the wall street exchange.
- What happen, I again won. Yeah!
- Unemployed youths played cards or simply sat at street corners. As jobs disappeared, the youth took to criminal activities and total despair became commonplace.
- Come on men give me a chance, next time definitely i will win.
- Hahaha! this will give me a lot of money.
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