Unemployment During The Great Depression

Decent Essays
Losing a job isn't so bad right? You could get another one but during the Great Depression getting a job wasn't that easy. Let's start from the beginning. In October 1929 the stock market crashed. This happened because of economic imbalances and structural failings. Later, over the years people stopped buying and investments dropped. Since no one really bought anything factories did not need the produce as much causing unemployment. Then, in 1933 people fell rock-bottom. Unemployment had the biggest effects and it caused the worst consequences imaginable.

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