Great Depression Flashcards
1
Q
When was the Great Depression?
A
1929-1939
2
Q
What happened in the United States?
A
Stock market crashed on October 1929, which sent Wall Street into a panic so more people would take out their stocks.
3
Q
Why did everyone freak out?
A
The stock market was going into an ordinary recession and people started selling their stocks as they were worried. Then more and more people started doing it.
4
Q
What is the Great Depression?
A
Widespread global unemployment in the 1930’s (29%).
