Great+Depression



 by Joharah Grade 4

The Great Depression started 1929 when the stock market crashed. People started to lose their jobs and had to look for food to survive. This horrible crash was very bad particularly in America.

When the stock market crashed no one knew what to do. It was complete chaos. The president was Herbert Hoover at the time. America blamed the crisis all on him because he didn’t do anything about it. Even more people lost jobs and then it came down to the point that there were scarcely any people employed.

The impact on the people was devastating. Not a lot of people were getting employed. Millions of people were in poverty. Then, poverty led to homelessness.

A man named Franklin D. Roosevelt ran for president and won the election in 1932. As President ,Roosevelt took the crisis seriously. Since he took it seriously he made a plan called the New Deal.

The New Deal made government agencies such as the Social Security Administration. The agency S.S.A, provided income for people with disabilities and for people who retired. This was one of the plans that helped stimulate the economy. Roosevelt made even more plans. The first plan he made was The Civilian Conservation Corps. The C.C.C put people to work to help make a better community. The Tennessee Valley Authority also helped. The T.V.A rebuilt the Tennessee River. These programs helped the country get back on track and the world slowly made it out of the Depression.

In 1939, The Depression ended and right after the Depression ended, a war broke out called World War II. When The Depression ended, things were different because the institutions like the S.S.A helped stabilize the economy and provided some protection for ordinary people. Today, we’re in a recession. However, this recession would have been much worse if Roosevelt hadn’t made the institutes to provide us with help.