There were fewer marriages
More suicides
Birth rates decreaseWPA help the unemployed find jobs for the unemployed
Many banks failed because people began to loos their savings due to the deposits in the bank. They became more cautious on who they gave loans out to.
Roosevelt started the foodstamp program. Introduced in 1939. Help those who need food for they family
Many people couldn’t transfer goods and terrifs increased rapidly tthat had a long lasting impact on the depression.
Causes of the great depression
- The stock market crash- 1929 october 24, two months after that Thursday investors had lost more than 40 billion. Onky five percent of the population was effected so like 1 out of 20 would get affected
- -bank failures
- Reducing in purchasing across the board
- American economic policy with Europe
- Drought condition
- Impact on lives- homelessness, unemployment, starvation and illnesses, there were also hoovervilles(any thin you could pull out of the dumpster for shelter.)
- The government helped by creating jobs such as “new deal” where they paid men to build roads and schools.
- The government paid farmers to not seel there crops.
- Roosevelt encouraged farmers to hold up so they could sell later and make more money.
- What long lasting impact? Separated familys, people weren’t buying much stuff, people weren’t taking loans and a lot of people didn’t have jobs. Financial world wen to crap started social security system,.
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