2006-08-20 05:28:42 · 15 answers · asked by koolj 2 in Education & Reference ➔ Homework Help
The Great Depression was a worldwide economic downturn, starting in 1929 (although its effects were not fully felt until late in 1930) and lasting through most of the 1930s. It centered in North America and Europe, but had damaging effects around the world. The most industrialized countries were affected the worst, including the United States, Germany, Britain, France, Canada, and Australia. Cities around the world were hit hard, especially those based on heavy industry. Construction virtually halted in many countries. Farmers and rural areas suffered as prices for crops fell by 40-60% [1] Mining and logging areas were perhaps the hardest hit because demand fell sharply and there was little alternative economic activity. The Great Depression ended at different times in different countries; for subsequent history see Home front during World War II.
2006-08-20 05:34:58 · answer #1 · answered by Feathery 6 · 3⤊ 0⤋
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2016-08-21 00:35:12 · answer #2 · answered by ? 2 · 0⤊ 0⤋
it was from 1929- early 1930's. It was caused by the stock market crash in 1929 (known as black tuesday) and over speculation. In the twenties (roaring twenties) people over spent which caused the over speculation. It happened while President Hoover was in office. The country divided into the very poor and the very rich. The rich were few and the poor much. FDR became president and set up all these programs known as Alphabet Soup because they were all abbreviations. These programs created work for the unemployed (which was VERY high percentage) This did help but what really pulled the US out of the depression was WWII which put factories back in buisness for war materials and brought back prosperity. The depression also hurt other countries because the US was completely crippled as a trading nation. hope this helps.
2006-08-20 05:36:28 · answer #3 · answered by scrdudie7 3 · 3⤊ 0⤋
Below is great article that can teach you all about it. Unlike the other moronic answer you got to this question, this is a real one. The Great Depression caused people in America, rich or poor, to lose everything they had. It broke families apart, and people roamed the country just trying to earn enough money to eat and sleep in a safe place.
As I say, the article below really helps. Here's a quick quote from it:
"The prosperity of the 1920s was unevenly distributed among the various parts of the American economy�farmers and unskilled workers were notably excluded�with the result that the nation's productive capacity was greater than its capacity to consume."
Check out this link:
http://education.yahoo.com/reference/encyclopedia/entry/GreatDep
2006-08-20 05:37:43 · answer #4 · answered by Chiebukuro 3 · 2⤊ 0⤋
In 1929, the stock market started crashing. Then there was droughts in the South and many people including farmers and ranchers moved to California because of better weather so that is the main reason farmers left but others stayed thinking the trip was to long and hard to risk.That is the best explanation I can think of.
2006-08-20 05:37:56 · answer #5 · answered by Don Patch 4 · 2⤊ 0⤋
The Great Depression was when the stock market crashed. Many people lost their homes and were left with nothing but the clothes on their backs!
This website has more info:
http://www.english.uiuc.edu/maps/depression/about.htm
2006-08-20 05:34:43 · answer #6 · answered by BSRNash 2 · 3⤊ 1⤋
It's when the stock market crashed which left many people unemployed. If you don't work you can't make money and you can't live. People were very very poor during that time - the Great Depression
2006-08-20 05:33:58 · answer #7 · answered by Ya-sai 7 · 2⤊ 1⤋
Put in The great depression in the web search box and click search. You will come up with a lot of sites that you can look at. I did the same thing for Renaissance artist and it helped me a lot.
2006-08-20 05:35:44 · answer #8 · answered by Stormhaley of Steelers 4 · 2⤊ 1⤋
It was in1920's &1930's when the stock markets crashed and the banks had no money. The people had to rely on survival like making thier own baked goods, slaughter farm animals to eat, can fruits and vegtables. Sorry , I got the dates wrong
2006-08-20 05:38:54 · answer #9 · answered by karen s 1 · 2⤊ 0⤋
Will add one thing to Feathers answer which was most complete answer. Big bank Holding companies before Roosevelt's regulations loaned very large amounts of money to foreign countries, when they defaulted bank panic started.
2006-08-25 15:05:30 · answer #10 · answered by Mister2-15-2 7 · 1⤊ 0⤋