The Great Depression | Teen Ink

The Great Depression

May 23, 2011
By blairmarie11 BRONZE, Louisville, Kentucky
blairmarie11 BRONZE, Louisville, Kentucky
1 article 0 photos 0 comments

Favorite Quote:
Love all , Trust a few.Do wronq to none


The Great Depression was the worst economic slump ever in U.S. history, and one that spread to the entire industrialized world. Banks, stores, and factories were closed and left millions of Americans jobless, homeless, and penniless. Many people came to depend on the government or charity to provide them with food. This led to a hard decrease in world trade as each country tried to protect their own industries and products by raising fees on imported goods. The economy continued to fall almost every month. The period was the longest and worst period of high unemployment and low business activity in modern times.


The author's comments:
Lame !

Similar Articles

JOIN THE DISCUSSION

This article has 0 comments.