https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w Global Areas Effected by the Depression en-us 2022-04-28 16:47:13 UTC 2022-04-28 16:59:05 UTC hello@padlet.com ymartinez181 https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162980683 In October, 1929, A record 16 million shares were sold, then the market collapsed ]]> 2022-04-28 16:47:13 UTC https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162980683 dgonzalez532 https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162991178 In October, 1929, A record 16 million shares were sold, then the market collapsed. ]]> 2022-04-28 16:53:58 UTC https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162991178 ymartinez181 https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162995028 By 1929, American factories were turning out nearly half of the world's industrial goods. The richest 5 percent of the population received 33 percent of all income in 1929. Yet 60 percent of all American families earned less than $2,000 per year, most families were too poor to buy the goods being produced. Most workers lost their jobs, families bought fewer goods

]]> 2022-04-28 16:55:47 UTC https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2162995028 ymartinez181 https://padlet.com/ymartinez181/7hhrw0vdxoph4x1w/wish/2163000521 The Depression hit Britain severely,British voters elected a multi party coalition known as the National Government. It passed high protective tariffs, increased taxes, and regulated the currency. It also lowered interest rates to encourage industrial growth. By 1937, unemployment had been cut in half, and production had risen above 1929 levels. Britain avoided political extremes and preserved democracy.

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