The great depression was a time period from 1920 to 1941. The causes For the Depression is massive bank failures and the stock market. Another Factor was the unemployment rate increased and people were having less money to spend or share. Many People have thought of Hurting themselves because they didn't have any money and back then they needed money to survive back then. The Great Depression was World wide and Effected Bigger Countries like Europe Caribbean islands and As well As The U.S. The failure of so many banks, combined with a general and nationwide loss of confidence in the economy, led to much-reduced levels of spending and demand and hence of production, thus aggravating the downward spiral. The Dust Bowl or the Dirty Thirties was a period of severe dust storms causing major ecological and agricultural damage to American and Canadian prairie lands from 1930 to 1936. An average of 600 banks fail each year. By 1929, the richest 1 percent will own 40 percent of the nation's wealth. in the later 1920's the stock marketing prices raised 40 percent. Here is a Conversation below with both my partners Mekel And Ankoma You can find information on there Blogs phillips94.blogspot.com and AnkomaMMitchell-bowling.blogspot.com Look down And Click play.
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