The Great Depression Spreads

Improved Essays
The Great Depression Spreads

The cause of Depression spreading in the United States internationally was, the catastrophic collapse of stock market price in 1932 ever since then everything went downhill. In 1933, banks started to lose all their money and go downhill just like everything else. All this caused people to go homeless, go into debt, and become unemployed, (1, 6)“unemployment had risen to between 12 and 15 million workers, or 25-30 percent of the work force”. All this caused depression and loss of confidence in the United States completely. This depression lasted 10 years almost starting from 1929 all the way to 1939. In the

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