great depression

Great Depression began in the early 1930's, and lasted about a decade. The main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's and extensive stock market speculation that took place during the later part that same decade. The Great Depression was a time in America where jobs were scarce and economic safety was not present. The main cause of The Great Depression was the October …

…and half the American people lived at or below the minimum subsistence level even before the stock market crash. Unemployment approaches 25 percent in 1933. Almost 15,000 banks fail between 1929 and 1933. Millions of people lost all of their savings. Many people ended up sleeping in a shelter ash. Seasons had a lot to do with what some people ate during the depression. They lived on farms and when the crops did not grow their menus changed a lot.