People losing their homes and jobs. Banks not helping people by not letting them access their bank accounts to take out their money. A period of time where people lost money, homes, and jobs. President Franklin Roosevelt didn’t help out at the beginning of this time but help later after 3 years. The stock market crashed on March 2, 1932. This day was known as Black Thursday. When the stock market crashed it meant that the stock would go down into small fractions for people to buy meaning if people own stocks the percent of money people get will be less for now on . President Franklin Roosevelt said that this was just a temporary problem, but he said this to relieve the problem. Later the next Tuesday this didn’t stop and was later known as Black Tuesday. President Roosevelt didn’t do nothing to
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It continued to go on and the economy was about to spiral downward bad. People were buying things like food and water only. They didn’t buy clothes and furniture. This meant companies and business were firing and not hiring people. Later on, people couldn’t find jobs because stores and other things were shutting down in some places. They had to fire and shut down places to save money. Since people couldn’t find jobs there were kicked out of their homes from the bank. They only had their money and belongings. Banks took homes and moved them to other places. So people were kicked out and had to live on the streets. Later on, people were finding planks of wood and making makeshift homes. The people were making their makeshift homes next to people to make a community and called it Hoovervilles. People had about 125 bucks or less and their had food stamps so they can save money on food and water. Later the Apple Shipper Association (ASA) sold apples for 5 cents to the communities and
It continued to go on and the economy was about to spiral downward bad. People were buying things like food and water only. They didn’t buy clothes and furniture. This meant companies and business were firing and not hiring people. Later on, people couldn’t find jobs because stores and other things were shutting down in some places. They had to fire and shut down places to save money. Since people couldn’t find jobs there were kicked out of their homes from the bank. They only had their money and belongings. Banks took homes and moved them to other places. So people were kicked out and had to live on the streets. Later on, people were finding planks of wood and making makeshift homes. The people were making their makeshift homes next to people to make a community and called it Hoovervilles. People had about 125 bucks or less and their had food stamps so they can save money on food and water. Later the Apple Shipper Association (ASA) sold apples for 5 cents to the communities and