2006-10-04 06:55:51 · 12 answers · asked by candy 1 in Arts & Humanities ➔ History
The Great Depression took place in 1931/1932. The catalyst for that was the Stock Market Crash in 1929. The Great Depression didn't happen immediately, but it was until after the economy went downhill and the unemployment rates went up.
2006-10-04 07:28:10 · answer #1 · answered by 3lixir 6 · 0⤊ 0⤋
In October 1929 the stock market crashed, wiping out 40 percent of the paper values of common stock. Even after the stock market collapse, however, politicians and industry leaders continued to issue optimistic predictions for the nation's economy. But the Depression deepened, confidence evaporated and many lost their life savings. By 1933 the value of stock on the New York Stock Exchange was less than a fifth of what it had been at its peak in 1929. Business houses closed their doors, factories shut down and banks failed. Farm income fell some 50 percent. By 1932 approximately one out of every four Americans was unemployed.
2006-10-04 07:09:06 · answer #2 · answered by deel_2007 2 · 0⤊ 0⤋
The Great Depression took place from 1930 to 1939. During this time the prices of stock fell 40%. 9,000 banks went out of business and 9 million savings accounts were wiped out. 86,00 businesses failed, and wages were decreased by an average of 60%. The unemployment rate went from 9% all the way to 25%, about 15 million jobless people.
2006-10-04 07:02:32 · answer #3 · answered by Vk 2 · 2⤊ 0⤋
The Great Depression started in October of 1929 when the stock market crashed. When FDR came into office he presented his new deal to try to get people work. But the depression truly ended on December 7th 1941 when Japan attacked Pearl Harbor, propelling us into WW2.
2006-10-05 03:39:14 · answer #4 · answered by calicheese3 2 · 0⤊ 0⤋
1929-1930, the Stock Market Crash also the Baby Boomin period took place around the same time as well due to the Great Depression.
2006-10-04 10:07:26 · answer #5 · answered by Anonymous · 0⤊ 0⤋
In the early 1930's
2006-10-04 06:58:03 · answer #6 · answered by Yen 3 · 0⤊ 0⤋
Oct 1929 the stock market crashed wich sent many people broke. It was a ripple effect that lasted until ww II
2006-10-04 06:59:51 · answer #7 · answered by tman 5 · 1⤊ 0⤋
Started after the 1929 stock market crash
2006-10-04 06:59:01 · answer #8 · answered by neesy01 2 · 1⤊ 0⤋
It was triggered-off by the stock market collapse in Oct. '29 and lasted for almost all of the fouth decade of the prev. century.
2006-10-04 07:03:54 · answer #9 · answered by Sh00nya 4 · 0⤊ 0⤋
It was tooken place on the twenties and thirties
2006-10-04 06:59:39 · answer #10 · answered by Anonymous · 0⤊ 0⤋