What did you learn about the great depression? (in bullet points)
1 answer:
Answer:
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%. In 1933, it was 25%, with 1 out of every 4 people out of work.
The average family income dropped by 40% during the Great Depression.
The New Deal created around 100 new government offices and 40 new agencies.
The worst years of the Great Depression were 1932 and 1933.
Around 300,000 companies went out of business.
Hundreds of thousands of families could not pay their mortgages and were evicted from their homes.
Millions of people migrated away from the Dust Bowl region in the Midwest. Around 200,000 migrants moved to California.
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