The Great Depression was the longest economical downturn in history
Franklin Roosevelt lessened the effect of the Great Depression in the 1930$ it didn't turn around until 1939 when world war 2 kicked industry into high gear
It all started in 1929 when the stock market crashed. Stocked goods started piling up makeing the prices rise.
Business started firing people, for those luck to stay hired wages fell and buying power decreased.
20% of the USA was unemployed with no job or Income
The banks didn't even have enough cash to pay things back.
Franklin Roosevelt won the presidential election,he was going to turn things around
The road to recovery began the GDP grew at 9%
GDP - gross domestic product
The attack on Pearl Harbor lead to the nations factories going back to full production mode.
This caused the USA to give unenploment and retirement checks
