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Then on Tuesday, October 29,1929, prices crashed, and the life savings of many people were wiped out in hours. Black Tuesday, as the day was later called, marked the end of the Roaring Twenties. It brought the period of hard times known as the Great Depression. A depressiob is a time when production and sales of goods decline and many people are unemployed. The Great Depression was the worst economic crisis in the nation's history. Many other countries of the world also had serious depression at this time.
By 1932, almost one in every four workers was unemployed. Millions of jobless people couldn't not pay their rent or mortgage.Many families lived in shanties made of cardboard boxes.The unempoloyed workers lined up for hours in the hope of getting work. Breadlines formed in almost every city.People hunted through garbage for scraps to feed hungry children.
The Great Depression left generations
of Americans with grim memories of years of struggle. Minority groups such
as Africans Americans suffered more than whites.The Great Deppresion dragged
on throughout the 1930's. In the end,it wasn't the "New Deal" that ended
the harm times, but World War II.
source:
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