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The Great Depression by Mind Map: The Great Depression
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The Great Depression

Stocks Crashed

October 29th 1929

lasted until 1942

Everyone that held stocks panic

caused the US economy to die

Unemployment rose

No Govt. help

Productivity lessened

Result; more unemployment


In the 1920's the U.S was based on the employment cycle.

Supply and demand had to be the same no more no less.

Over production occurred and the was to much more product then needed.

People lost their job because of it.

Americas Reaction

Hoover was very unpopular

People were forced to live in hoovervills (living in a dump with little food to go around).

Election 1932

1 out of 4 were unemployed

US income was half of what it was in 1929

US elected Franklin Rosevelt