Cause ; During the 1920s the United States stock market underwent a historic expansion. As stock prices rose to unbelievably high levels, investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock.
Events during ;
1929: The Great Depression Begins.
1930: Banks Begin to Fail.
1931: The Depression Worsens.
1932: Unemployment Rises to 23.6 percent and over 10,000 banks have failed since 1929
People that were big in the great depression;
Franklin D. Roosevelt was the 32nd president, and was holding office during the great depression. His New Deal programs and policies focused on the relief, recovery, and reform in order to fix the economy. Despite the fact that he was usually wheelchair-bound.
Charles Coughlin was a supporter of Franklin Roosevelt and his new deal, helping with broadcasting radio to over 30 million people.
Effects of the GD; The Great Depression of 1929 devastated the U.S. economy. Half of the US banks failed. Unemployment rose to 25% and homelessness increased tremendously. Housing prices dropped more than 30%, international trade fell by 65%, and prices fell 10% each year.
Hope this helped. This also took forever so brainliest would be amazing. Thanks. Let me know if you need anything else or have more questions.
