Assigned Blog #1

          *The Great Depression*

1. Causes of the Stock Market Crash*

2. Causes of the Great Depression*

3. Children suffer hardships*

Stock Market Crash-

- happend on black tuesday.

- bad things happend in 1930's

-Experts agree that the Stock Market Crash was not caused by just one factor.  Instead, it was a combination of several events occurring at the same time that resulted in this country's worst financial calamity.
 
_In the summer of 1929, a few stock market investors began selling their stock. They predicted that the bull market might end soon, leaving them in debt. Seeing these few investors begin to sell, others soon followed creating a domino effect. The sudden selling caused stock prices to fall. President Herbert Hoover tried to reassure the investors saying the country's economy was fine and that they had no reason to worry. The words of the President were not enough, however; the selling continued.
 

-The Stock Market Crash was the beginning of the Great Depression

Great Depression-

-The Great Depression began in 1929 and ended in 1941 when America prepared to enter World War II.

-At its highest point during the Great Depression, unemployment reached 25% (in 1933).

-Supply and demand helped bring about and also lengthen the Great Depression. The American farms and factories produced large amounts of goods and products during the prosperity before the Depression. On average people's wages stayed the same even as prices for these goods soared.

 Children suffer hardships-

-a quarter of the nation's families did not have a single employed wage earned.

-A 1940 survey revealed that 1.5 million married women had been abandoned by their husbands.

-They had poor diets.

-They got Rickets and other diseases

-2,000 schools closed

- "If i leave my mother, it will mean one less mouth to feed." Eugene Williams

i think that this was a really bad time.. childern stuffer hardship, was really bad. the kids shouldnt of been put through that at all. They saw so many things that they probably shouldnt of. This time of thier lifes was really hard for everyone.

 

 

http://www.digitalhistory.uh.edu/learning_history/children_depression/depression_children_menu.cfm

http://web.olivet.edu/gradusers/kwatts1/stockcrasha.htm

http://www.thegreatdepressioncauses.com/

http://www.museum.siu.edu/museum_classroom_grant/Museum_Explorers/school_pages/bourbonnais/page1.htm

 

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