The Great Depression (aug 26, 1929 – mar 2, 1939)

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The great depression was the worst industrialized economic turndown lasting 10 years beginning in 1929. It wiped out millions of investors starting up just after the stock market crash in October 1929. As the economy rapidly increased the nations wealth total doubled, followed by the stick market expanding and reaching it’s peak in August 1929. The unemployment rate increased, and stock prices went up causing wages to drop as the economy was struggling. Millions of families banks collapsed as they had no income and were unable to make mortgage or rent payments with many deprived ¬of their homes or evicted from their apartments

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