BC: For Ms Skinner-Hinton
FC: Life in the Depression.
1: American History Assignment
2: In 1929 interest rates increased and scared most investors.
3: TThe scared investors rapidly sold stocks and cause the market to crash.
5: With the market down people lost all the money that they had invested. Most of that money was borrowed so loans could not be repaid. With no money, life was hard and miserable.. Homes were taken away and property was lost to banks.
6: The depression affected everyone.
7: Life in both the city and the country became incredibly harsh. Many farmers packed up and headed west in search of work. Hoovervilles sprang up all over cities.
8: The Depression lasted until 1942
13: The depression was helped to recover by the United States entering World War Two.