Great Depression
Snemalna Knjiga Besedilo
- Closed Forever
- 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
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