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The Great Depression
[T.G.D](www.history.com/topics/great-depression) Despite assurances from President Herbert Hoover and other leaders that the crisis would run its course, matters continued to get worse over the next three years. By 1930, 4 million Americans looking for work could not find it; that number had risen to 6 million in 1931. -
The new deal
Great Depression Leads to a New Deal for the American People. On March 4, 1933, at the height of the Great Depression, Franklin Roosevelt delivered his first inaugural address before 100,000 people on Washington's Capitol Plaza. -
the new deal
The Dust Bowl years spanned 1930-1936, when a million acres of farmland across the Plains became worthless due to severe drought and overfarming.
-After the stock market crash in 1929, it took 27 years to reach pre-crash levels.
-In 1939, the unemployment rate in America had dropped from a high of 25% to 15%, largely due to the New Deal programs introduced by Franklin D. Roosevelt.
-Tuesday, October 29, 1929 is known as Black Tuesday because of the plunge the stock market took, and it largely sy -
the day of the economic in 1930s
facts about the depressionThe economic crisis of the 1930s is one of the most studied periods of American history, and facts about the Great Depression are interesting to read. Scholars have studied the economic calamity from all angles and amassed an immense collection of facts about the depression. Some products and sayings we still use today have their roots in the Great Depression. Here are some interesting fa- See more at: http://great-d
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the great deppresssion
The Depression Facts | updated October 28, 2012 Copy Link Code
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facts about the depressionThe economic crisis of the 1930s is one of the most studied periods of American history, and facts about the Great Depression are interesting to read. Scholars have studied the economic calamity from all angles and amassed an immense collection of facts about the depression. Some products and sayings we still use today have their roots in the Great Depression- See more at: http://great-depre
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the new DEAL
REAT DEPRESSION, the longest, deepest, and most pervasive depression in American history, lasted from 1929 to 1939. Its effects were felt in virtually all corners of the world, and it is one of the great economic calamities in history. In previous depressions, such as those of the 1870s and 1890s, real per capita gross domestic product (GDP)—the sum of all goods and services produced, weighted by market prices and adjusted for inflation—had returned to its original level within five years. In t -
THE new deal
The American economy entered an ordinary recession during the summer of 1929, as consumer spending dropped and unsold goods began to pile up, slowing production. At the same time, stock prices continued to rise, and by the fall of that year had reached levels that could not be justified by anticipated future earnings. On October 24, 1929, the stock market bubble finally burst, as investors began dumping shares en masse. A record 12.9 million shares were traded that day, known as “Black Thursday.
