The stock market crash that “started” the Great Depression affected very few people directly, but it affected the entire nation indirectly. News of the crash caused panic for some Americans, who withdrew their money from savings because they were economically uncertain. This spread, and soon the majority of Americans were worried about their savings and were trying to get their money back from the banks. Some banks did not have enough money on hand and were forced to close. The bank closures hit the news, and nearly everyone was in a mass panic, trying to retrieve their money before their bank closed. As banks were closing, they were also making phone calls to those who they had lent money out to, like farmers. The banks foreclosed many
