What are 5 facts about the Great Depression?

Interesting Facts About the Great Depression

  • The stock market lost almost 90% of its value between 1929 and 1933.
  • Around 11,000 banks failed during the Great Depression, leaving many with no savings.
  • In 1929, unemployment was around 3%.
  • The average family income dropped by 40% during the Great Depression.

What happened on Wall Street in 1929?

On October 29, 1929, “Black Tuesday” hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. The next day, the panic selling reached its peak with some stocks having no buyers at any price.

What are 10 facts about the Great Depression?

10 Facts About the Great Depression

  • The Great Depression started on Wall Street.
  • Herbert Hoover was president during the start of the Great Depression.
  • The peak of the Great Depression was during 1932 to 1933.
  • The Great Depression caused social upheaval and political unrest.
  • Trade policies made the Great Depression worse.

What are 3 things that happened during the Great Depression?

1929: The Wall Street Crash Sparks the Depression.

  • 1930: The Dust Bowls Begin.
  • 1931: Food Riots and Banks Collapse.
  • 1932: President Roosevelt is Elected.
  • 1933: The First Hundred Days and the New Deal.
  • 1934: Dust Storms and Droughts Continue.
  • 1935: Creation of the Works Progress Administration.
  • How did the Wall Street Crash affect the world?

    Massive unemployment People could no longer buy consumer goods, such as cars and clothes. As a result, workers were made redundant. Unemployment rose to 25 per cent of the national workforce (14 million people). In some regions it was much higher.

    What major events happened in 1929?

    List of 1929 significant News Events in History

    • The Wall Street Crash of 1929, is the stock-market crash that occurred starts on October 28th and started the period of The Great Depression in the United States.
    • The St.
    • The Museum of Modern Art (MoMA) is created in New York City.
    • The San Francisco Bay Toll Bridge opens.

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