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The Great Depression
Beginning of essay
took place from 1930-1939 and was being felt around the world. During this time the prices of stock fell 40%. 9,000 banks went out of business and 9 million savings accounts were wiped out. 86,00 businesses failed, and wages were decreased by an average of 60%. The unemployment rate went ....
Middle of essay
....pression was felt. Farm life was also a large concern. Even though the farmer had lots of food it was more than they could sell, sence the consumers didn’t have enough money to buy a lot of food. As consumer demand shrunk, prices for the farmers products fell as well. Sometimes farmers could not even afford to pay the freight to send the livestock to the market. This left farmers with no choice but to shoot and bury their livestock and to let their crops rot. Unable to sell their .... |
| Number of words: 601 |
Approximate pages: 3 |
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