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The Great Depression
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took place from 1930-1939 and was being felt around the world. During this time the prices of stock fell 40%. 9,000 banks went out of business and 9 million savings accounts were wiped out. 86,00 businesses failed, and wages were decreased by an average of 60%. The unemployment rate went from 9% all the way up to 25% and 15 million peop ....
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....y people died of starvation. People fought for food in the streets and even though there were food shelters to help people, impact city life greatly.
Yet the city was not the only place that The Depression was felt. Farm life was also a large concern. Even though the farmer had lots of food it was more than they could sell, sence the con.... |
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Page count: 3 |
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