What Was The Worst Effects Of The Great Depression In The 1930's

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The Great Depression still remains to this day, one of the most horrific events of the United States. People everywhere all around the United States were impacted by the crash of the stock market. Families lost their homes, people lost their jobs, and above all everyone lost hope for a brighter future. The great depression began in 1929 and went all the way till 1939 when world war two broke out.
The crash of the stock market sent Wall Street into a panic and wiped out millions of investors, business men, and business women. Anyone who had money in the bank was now broke. It had all been lost. The select few of banks that didn’t crash became very strict over who they let join the bank. Over the next several years, consumer spending and investment dropped. This caused a tragic steep and dramatic decline in industrial output. It also caused the extremely noticeable level of unemployment as risen. The failing companies sadly laid off workers. …show more content…

Roosevelt, helped lessen the worst effects of the Great Depression in the 1930s. He created new jobs and new opportunities to those around him in order to help better the country. President Roosevelt gave people new and empowering chances to become something better. Or better yet change their lives. Roosevelt began by giving America’s banks a four day holiday. This left him just enough time to fix the issue involving people’s money and its whereabouts.
The depression seemed to hit the hardest in industrialized areas. Such as the city or a highly populated area. This means more workers, which therefore mean more employees laid off of their jobs. African Americans were also seen as the most impacted because they were often the first to be fired or laid off from their jobs. The great depression also took place in the time of the dust bowl. This meant that farmers couldn’t harvest their crops and that led to the people to the United States having little to no food to

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