Term
the great depression
the great depression started in August 1929 ended in march 1933. why did it happen?? |
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Definition
| Well the great depression was the worst economic downturn in the history. let's get back on track well lasting from 1929 - 1933 It all happened when the stock market crash witch sent wall street into a panic and wiped out millions of investors . |
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Term
| what were some of the long term effects ?? |
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Definition
some of the long term effects were
1. unemployment rose to 25% and homeless increased
2. house pricing plumented 65% and deflation above 10%
3. It took 25 yrs for the stock market to recover ,but yet there was still some beneficial effects . |
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Term
| Name some of the beneficial effects in The great depression . |
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Definition
| The team crunched data from the federal government and concluded that population health could not decline and indeed generally improved during the four years of the great depression 1929 -1933 . |
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Term
| what were some counties and countrys that were affected by The great depression . |
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Definition
| The great depression has devastated many countries both rich and poor it had major impact on income,tax revenue,profits,and prices raised why the state plunged by more than 50%. |
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Term
| what are some fun facts about the great depression ????? |
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Definition
| the stock market lost up to 90% of its value between 1929-1933 . around 11,0000 banks failed during the great depression .In 1929 unemployment started at 3% then went way way higher. |
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Term
| how did we get out of the great depression |
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Definition
| GDP during the great depression fell by half , limiting economic movement . A combination of the new deal and world war II lifted the U.S.A out of depression . |
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Term
| what were some things that happened during the great depression ???? |
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Definition
the star spangled banner got named The Nation Anthem franklin roosevelt got elected president
the dust bowl of 1930-1936
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Term
| what was one really good thing that happened during the great depression |
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Definition
| television and nylon stocks were invented so were refrigerators and washing machines |
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Term
| can the great depression happen again ???? |
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Definition
| possibly but It would take bipartisan and devistanliy stupid rules for it to happen but if none of that happens again we should be fine |
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