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Why Did People Survive In The Great Depression

390 Words2 Pages

The Great Depression and the Stock Market Crash of 1929
How would you survive in the Great Depression? The Stock Market Crash and the Great Depression had changed american people and economy forever. The Stock Market Crash happened in 1929, which would have been handled differently now.
There were thought to be many reasons for the occurrence of the Great Depression, but the main one is the Stock Market Crash. “Throughout the 1930s over 9,000 banks failed” (“Top 5 Causes of the Great Depression”). This caused many people to lose all of their savings and money. During the Stock Market Crash people had stopped buying goods, which caused people to lose their jobs. The unemployment rate had even rose over 25%, which also caused more economic issues.

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