1.The stock market lost almost 90% of its value between 1929 and 1933.
2. 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.
3.The average family income dropped by 40% during the Great Depression.
More than $1 billion in bank deposits were lost due to bank closings.
4. The New Deal created around 100 new government offices and 40 new agencies.
5. The worst years of the Great Depression were 1932 and 1933. Around 300,000 companies went out of business.
6. Hundreds of thousands of families could not pay their mortgages and were evicted from their homes.
7. Millions of people migrated away from the Dust Bowl region in the Midwest. Around 200,000 migrants moved to California.
8. President Roosevelt pushed 15 major laws through in his "First Hundred Days" of office.
9. The Great Depression started on Wall Street.
10. Herbert Hoover was president during the start of the Great Depression.
11. The peak of the Great Depression was during 1932 to 1933.
12. The Great Depression caused social upheaval and political unrest.
13.Trade policies made the Great Depression worse.
14. The term was coined by Charles Michelson, publicity chief of the Democratic National Committee, to refer sardonically to President Herbert Hoover whose policies Michelson blamed for the depression. The government did not calculate unemployment rates in the 1930s.
15.A sharp recession hit in 1937, caused in part by the Federal Reserve’s decision to increase its requirements for money in reserve. Though the economy began improving again in 1938, this second severe contraction reversed many of the gains in production and employment and prolonged the effects of the Great Depression through the end of the decade.
Explanation:
I cant think of any more sorry but heres half
