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this shows the real statistics.

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Desperate for shelter, homeless citizens built shantytowns in and around cities across the nation.

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Effects
1. Hoovervilles: this is what happen when many of the citizens lost their home. they build homes or some type of shelter that help then survived in the cold weather. this happen because of the great depression and the crashes.
2. lack of jobs: By 1932, twelve million people in the U.S. were unemployed.
3. Suicide Rates: statistics reports that in 1929, the suicide rate in the United States increased from 17.0 per 100,000 people in 1929 to 21.3 in 1932 during the great depression that's why it was called that way.

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Causes
a. Living one credit: The two systems, installment buying and buying on credit, left millions of people in debt. When many lost their jobs, they could not pay back the debts they had incurred.
b. Bad farming practices: Farmers tore up even more grassland in an attempt to harvest a bumper crop and break even. Crops began to fail with the onset of drought in 1931, exposing the bare, over-plowed farmland.
c. Failure of key industries:  industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product declined by 30 percent, and unemployment reached more than 20 percent.

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it was the official beginning of the great depression, in the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated. do to their wages and their debt, this affected both industrialized and non industrialized all over the world.

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Suicided Rates Rose
Alcoholism Rose
Mental Hospital patients increased.

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Subsistence Farming
Foreclosures
Tenant Farming

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Unemployment
Homelessness
Hoovervilles
Soup Kitchens
Worse For minorities

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banks closed
Business closed
Unemployment 5% to 25%