Search results
1931: The Depression Worsens. February: Food riots begin to break out in parts of the United States. April 11: The Empire State Building is completed. 1932: Unemployment Rises to 23.6 percent and over 10,000 banks have failed since 1929. July 2: Presidential candidate Franklin D. Roosevelt makes his "New Deal" speech.
The Great Depression was the longest and most serious economic crisis in modern history. It began in the United States in 1929 but spread quickly throughout the world, lasting for about 10 years. The Depression caused sharp declines in economic production and severe unemployment in almost every country.
Factories began to produce weapons, airplanes, ships, and other products necessary for the war effort. Many people were then able to get jobs. During the 1930s much of the world faced harsh economic conditions. Many people were out of work, hungry, or homeless. This period is called the Great Depression.
- What Caused The Great Depression
- The Wall Street Crash
- President Hoover
- The Dust Bowl
- President Roosevelt
- The New Deal
- Sources
The U.S. economy was excellent, and people made a lot of money from stocks in the 1920s. People had stock exchanges where they could buy and sell stocks, but some people were doing things like putting their savings into the stock market for no good reason, which led to a big crash later on. The stock market started to go down in the 1920s. Unemploy...
On October 24, 1929, people started to sell the shares they were buying for more than what they were worth. This happened because there were too many. The day this was happening was called “Black Thursday.” People traded a record 12.9 million shares that day, and it is still considered one of the worst days in history. Five days later, on October 2...
Despite promises from Herbert Hoover and other leaders, the Great Depression worsened. By 1930, 4 million Americans were looking for work, and they could not find it. That number increased to 6 million in 1931. Meanwhile, America’s industrial production dropped by 50%. People were buying fewer things because they had less money. There were more lin...
The Dust Bowl was a dry time in the Southern Plains. There were terrible dust storms. A terrible drought went through the Southern Plains in 1930. Massive dust storms began in 1931. A series of drought years made the water shortage worse. There are 35 million acres of land that could not be farmed anymore, and another 125 million acres of land was ...
In 1932, the country was in a depression. More than 20% of people were unemployed. Democrat Franklin D. Roosevelt won the election because people voted for him to fix their problems and make things better. On the day that FDR became president, all of the U.S. states had already ordered banks to close, and there was not enough money to pay for worke...
The New Deal was a series of programs started by President Franklin D. Roosevelt to fix the Great Depression. Roosevelt tried quickly to better the economy by providing jobs and different relief programs for those having a bad time. The government created many different experimental New Deal projects over the next eight years. These projects fundam...
Herbert Hoover is elected the 31st president of the United States. Library of Congress, Washington, D.C. (hec 18560) U.S. President Herbert Hoover. 1928. 1929. 1930. On October 24—Black Thursday—the U.S. stock market begins to collapse. People gather outside the New York Stock Exchange on Black Thursday. 1 / 9.
Nov 21, 2018 · Under his watch, Kenworth built a new factory, also in Seattle, in order to encourage further growth as well as to keep up with customer demand. 1930s The Great Depression, which hit people hard the world over from the 1920s through the early 1940s, also impacted Kenworth in a meaningful way.
People also ask
How did the Great Depression affect Kenworth?
What did kids learn about the Great Depression?
How long did the Great Depression last?
How did Kenworth contribute to WW2?
When did Kenworth start?
When did the Great Depression start?
Oct 1, 2024 · Kids Encyclopedia Facts. In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931-1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost ...
