THe GReat Depression.
The Great Depression was a time of economic failure in the United States and I am glad I did not live through it. In this period, many people lost their jobs and could not support their families. They had to beg or sleep in the streets. Many children also could not take this and ran away to seek a better In the months before the Depression began, Herbert Hoover was the President of the United States. He believed that the economy would benefit if the government does not interfere. In the year of 1929, he became president and it's the same time the stock market crashed. The conditions of the U.S. when Herbert Hoover took office were rather fine. Every American had a car, a radio, or an item that was a luxury in the 1920s. The spread of chain stores and installment buying made it easier for people to buy things they usually could not afford. The stock market was also a great way to win and lose money. My father has stocks, but they are in the Hong Kong stock exchange so I don't know the status of these points. As the stocks rose, more people bought shares and made quick cash. On September 3, 1929, the New York Stock exchange reached its highest
He believed that the Americans should have confidence in their economy and it A Bank Holiday was four days long and people were sent around to the parks, and bridges, they also bought electricity. It also protected rights of the Workers and employers made payments into a special fund. When the workers
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Approximate Word count = 2325
Approximate Pages = 9 (250 words per page double spaced)
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