The Great Depression Stats

The Great Depression of the 1920’s and 1930’s began when the stock market crashed on October 24, 1929 after reaching an all-time high on September 3, 1929. Everyone was jubilant and happy before the crash because the 1,500,00 people in America who had invested in shares of companies were making a lot of money. Corporations were experiencing a period of time when expansion was up, poverty was down and everyone was happy. Bankers attempted to calm stock holders but on …

…to a victory. His new policy included something called a “Black Cabinet” that contained a group of Blacks to represent them. At the beginning of the 1930s, American culture began changing as Hollywood began producing movies and music for entertainment. The second World War was the only thing that lifted America out of the Depression because of how it mobilized the economy and brought everyone back to work in order to support the war effort.