The Great Depression By Ethan M

What was The Great Depression?

The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

What caused The Great Depression?

The causes of the Great Depression in the early 20th Century are a matter of active debate among economists, and are part of the larger debate about economic crisis, although the common belief is that the Great Depression was triggered by the 1929 crash of the stock market.

How high did the unemployment reach in The Great Depression?

In most countries of the world, recovery from the Great Depression began in 1933. In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933.

Below is a video of the history of The Great Depression.

who was involved in The Great Depression?

president roosevelt
Mary McLeod Bethune

Two of the most important people of the 1930's were Franklin D. Roosevelt and Mary McLeod Bethune. During the 1930's, Franklin D Roosevelt guided the United States through its terrible crisis. When he took over, the United States was in the mist of a great depression. Mary Jane McLeod Bethune was an American educator, stateswoman, philanthropist, humanitarian and civil rights activist best known for starting a private school for African-American students in Daytona Beach, Florida.

What criminals were involved in The Great Depression?

Here are some of the biggest criminals in the U.S.A during the Great Depression.

  • John Dillinger
John Dillinger

John Dillinger was a gangster and bank robber during the Great Depression. He was a very famous criminal whom the media delighted in writing about, usually in a sensational manner. Dillinger was famous for having escaped from jail twice, one time carving a bar of soap to look like a gun. He died in a shootout with Federal agents in Chicago in 1934 after he was identified by his escort, who wore a red dress and became known as the woman in red.

  • Pretty Boy floyd.
Pretty Boy Floyd

Pretty Boy Floyd was a bank robber during the Great Depression and very popular with the media at the time. The public generally had a positive view of him because when he robbed banks, he would destroy mortage documents, freeing many people from their debts. He was killed in a shootout with the FBI in 1934.

  • The last that is shown is Bonnie and Clyde
Bonnie and Clyde

Bonnie and Clyde were a romantic couple who were also outlaws and theives from the area of Texas. They and their gang were particularly famous in the early 1930s and ultimately killed nine police officers and several civilians before they themselves were ambused and killed in Louisana in 1934.

Above is a timeline of what happened in The Great Depression also what caused it.

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