The Great Depression by Olawale O

The Great Depression was a long lasting time where the economy was going down tremendously

by One Minute Economics

That was just a brief introduction of the Great Depression.

According to history.com, "Despite assurances from President Herbert Hoover and other leaders that the crisis would run its course, matters continued to get worse over the next three years. By 1930, 4 million Americans looking for work could not find it; that number had risen to 6 million in 1931"

President Hoover believed that the government should not interfere with the American economy. He also thought that the government should not take responsibility

Since there was a lack of money there were many criminals such as John Dillinger and Pretty Boy Floyd that robbed banks.

There were small town/villages called Hoovervilles in the depression. The towns were made by homeless people during the time.

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Olawale O
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