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The Great Depression is the worst economic crisis in the world that occurred in the 1930s.
© Chloroformzt Official - Est 2009
10 Interesting Fact About The Great Depression
10 Interesting Fact About The Great Depression
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The Great Depression is the worst economic crisis in the world that occurred in the 1930s.
At that time, around 15 million people were unemployed in the United States.
The stock price in the stock market fell by around 90% during this period.
Many people who lost their homes because they could not pay a mortgage.
Suicide rates increase significantly during a large depression period.
Americans start looking for cheap entertainment such as watching movies and listening to the radio.
The United States government created a New Deal program that aims to help overcome the economic crisis.
Americans start looking for cheap food such as peanut soup and toast.
United States banking suffered a large loss and many banks went bankrupt during the major depression.
The depression period ended officially in 1941 when the United States joined World War II.