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The answer to the second part first. World war I and World War II are the solution to the problem. No jobs, lets go blow some stuff up, we need bombs made, we need nurses, we need soldiers. Those are all jobs.

The answer the first, black friday or monday...either way a black day the stock market crashed, men lost trust.

2006-07-25 19:20:53 · answer #1 · answered by Joe Knows 3 · 0 0

Black Monday triggered the Great Depression. But the truth is that the stock market was unregulated and because of that foolish people who thought they new what they were doing in the market were misled much like today. Insider traders know what the market will do because they cause it to do what it does. They sold short and made a fortune on the crash. Those people still do just that.
The cost of WWI caught up with us and that also effected the crash. Also the dust bowl Oklahoma had a bad drought and the crops died. Farmers went under. And last but not least a grossly corrupt Republican government paid no attention to the needs of the people. They pandered to the rich. Sounds familiar.
What ended it? Public works projects started by FDR like the Hoover dam and the Golden Gate bridge and other highway projects gave work and hope back to the people. But sadly WWII gave everyone a job even women worked. We had to build weapons. We had to build planes and even the Atom Bomb.Nurses doctors hospitals.
What kept us going was we had to build homes for GI's when they came back after the war. Many moved to California and Hawaii as well as places they had seen and never thought of living . It changed the map and new cities were born. Then came the space race in 1958 with Sputnick a Russian satelite.

2006-07-25 19:39:17 · answer #2 · answered by Anonymous · 0 0

From: http://www.gusmorino.com/pag3/greatdepression/
the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade. The maldistribution of wealth in the 1920's existed on many levels. Money was distributed disparately between the rich and the middle-class, between industry and agriculture within the United States, and between the U.S. and Europe. This imbalance of wealth created an unstable economy. The excessive speculation in the late 1920's kept the stock market artificially high, but eventually lead to large market crashes. These market crashes, combined with the maldistribution of wealth, caused the American economy to capsize.

Credit: Gusmorino, Paul A., III. "Main Causes of the Great Depression." Gusmorino World (May 13, 1996). Online. Internet: http://www.gusmorino.com/pag3/great_depression/index.html. TODAY'S DATE.

The government created jobs for people and built roads and parks and highways.

2006-07-25 20:16:24 · answer #3 · answered by China Jon 6 · 0 0

The Great Depression was caused by the Stock Market Crash of 1929. And President Roosevelt came up with a lot of good ideas like welfare and The New Deal to help end the suffering, not all of the ideas worked though.

2006-07-26 07:47:18 · answer #4 · answered by Anonymous · 0 0

WHITE PEOPLE CAUSED IT
that and the fact that people were buying too much crap on credit.. spending money they didnt have. then there was public loss of faith in all things regarding stocks/stock market. when it crashed, banks werent insured so people lost all their money. president roosevelt's ''new deal" plan was a set of programs the government tried to help out, but nothing worked. so they allowed pearl harbor to happen, making the U.S be involved in WW2, the result being the "war machine" aka all out production, which leads to rapid employment of mass amounts of ppl etc etc

2006-07-25 19:23:19 · answer #5 · answered by Anonymous · 0 0

the stock market crashed-

do a web search of the great depression- it really effected more than the US

2006-07-25 19:22:58 · answer #6 · answered by mominshoe 5 · 0 0

Ummm the great big huge stockmarket crash may of had something to do with it......the start of government welfare programs

2006-07-25 19:23:33 · answer #7 · answered by Joey W 3 · 0 0

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