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Facts about the effects of the Great Depression

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Facts about the effects of the Great Depression

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Millions of shares were wiped out completely, during the stock market crash. Many lost jobs and those with jobs had very low wages. Bread lines, soup kitchens, and homeless people became more common as time went on. Farmers were in dire need of support after the crash just completely wiped out the fields. Roosevelt helped turn things around after he was elected in 1935. The social security act was passed, providing its citizens with unemployment, disability, and pensions for old age.

http://www.history.com/topics/great-depression

-Akshay Kumar

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-Joceline Martinez

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In 1933, about half of American Bank had fail, and nearly 15 million people were unemployed or 30 percent of the workforce. (HISTORY) http://www.history.com/topics/1929-stock-market-crash

Cindy Lu

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The Great Depression was world wide. Germany was the only country that reached so high a percentage of unemployed. Harlem had an unemployed rate of 50 percent by 1932. In 1935, blacks that owned property fell from 30 percent to 3 percent.

Shane Swanson

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-Many farmers lost their farms due to the years of erosion and drought, which caused no crops to grow.

-Unemployment rose.

-Children had to leave school to support their famalies.

-Some middle-class families managed to hold onto their homes by taking in boarders, bartering, and stretching every available dollar.

(http://www.allabouthistory.org/life-during-the-great-depression.htm)

-Rapid raise in crime rate

-Public spending on education declined sharply, causing many schools to open understaffed or close due to lack of funds.

-Mass migrations continued throughout the 1930s.

(http://www.ushistory.org/us/48e.asp)

Jenna Fox

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Effect of the Great Depression on the Axis

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Effect of the Great Depression on the Axis

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Although the Great Depression  occurred before World War II, There was still a significant effect on the Germans and the Japanese who would be the countries that combined together to create the main enemies of the Allies: the Axis.

Germany: Post WWI, The Germans had created major inflation for themselves and were in major debt. Germany still required to pay their war reparations from the first World War. They were in loss of the American loans that were paying their debt off. Germany suffered major unemployment.

Japan: The Great Depression did not greatly affect the Japanese. The economy shrank a little, but by 1933 the depression was basically over because Japan took the right moves for the depression to end quickly. In fact the moves allowed them to purchase extra munitions to prepare them for the upcoming World War.

-Michael Nishimoto

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In September and early October, the stock price began to decline. By Black Tuesday, the stock market totally collapsed. On October 29, 1929, some recover of the stock market began to recover, but overall price continuously drops. Stock of 1932 was worth 20 percent of the stock in 1929. (HISTORY) http://www.history.com/topics/1929-stock-market-crash

Cindy Lu

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-Jenna Fox

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Stock markets crashed as nine thousands banks failed and the after affect was one the main causes of the Great Depression. There was expansions of many companies, and with expansion, there needs to be ready workers. But when it was a bomb just ready to explode. When the markets failed the companies couldn't pay the workers, the employment rate dropped dramatically and there was a dire need of work. Families couldn't eat because they couldn't pay for it. Agriculture was already low and with the drop in finances, farmers weren't able to cope. Europe bought less products from the US. President Hoover did not help with the spread and his popularity decreased.

-Joceline Martinez

http://www.ushistory.org/us/48.asp

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The Great Depression caused Crime Rate Increase, Raised Suicide Rates, Increased Malnutrition, lowered Marriage rates, increased divorce rates, m ass migration, Unhealthy conditions, lower health care, and less job opportunities. All these terrible things sparked due to the Stock Market crashed. People had to work hard to find ways to pay the bills, purchase necessities, and get jobs.

(http://www.ushistory.org/us/48e.asp)

Devin Ho