The Great depression was the worst economic downfall in U.S history. It started the next day after the stock market crash in October of 1929 and lasted for 10 years. This caused wall Street to panic and the loss of millions of investors. Many Americans lost all there money because banks closed and they coulnd't get there money out. As companies fell they had to lay of many workers and by 1933 about 15 million Americans were unemployed. Then F.D.R came in with his new dealto fix the great depression.
During this time the President Hoover didnt think that the government should interfere with economy and a few years later FDR became the president and decided to get America out of debt. He opened soub and bread kitchens, but they were
During this time the President Hoover didnt think that the government should interfere with economy and a few years later FDR became the president and decided to get America out of debt. He opened soub and bread kitchens, but they were