slump all over the world, but mostly hit by North America because the stock market crash was in New York. It started in the US, but then spread all around the world. The Great Depression started in October 1929 and ended in about 1939. It was the longest and most severe experience that happened in the Western world. It was caused by the collapse of the stock market prices on the New York Stock Exchange. After three years, the stock prices had dropped to around 20 percent of the value since The Great Depression started. By 1933, 11,000 of the 25,000 banks in the world had failed. 12 to 15 million workers were unemployed (about 25-30% of the work force). Also, America funded in the supplies for World War I. Many people were bankrupted, starving, homeless, and desperate. Some had lost all their lifes savings. Many people also rode the rails, which is when poor people would jump on to trains for transportation. Many people died because they missed. Herbert Hoover was the president. Many homeless people built shantytowns called Hoovervilles because Herbert Hoover was widely blamed for The Great Depression.
The Invention of the Light bulb
Thomas Edison is mostly known for the invention of the light bulb, but 1) he didnt exactly invent the light bulb, he just improved an old idea, and he was just the first to make an incandescent light bulb. 2) Thomas Edisons partners were Joseph Swan and Hiram Stevens Maxim. The light bulb was invented in 1879. Thomas Edison was born on February 11 th , 1847 in Milan Ohio, and he died on October 18 th , 1931 in West Orange, New Jersey. After the light bulb was invented, candles, oil lanterns, and gas lamps became obsolete. One quote from Thomas Edison that is very popular is Genius is one percent inspiration and 99 percent perspiration. A young reporter asked Thomas Edison if he felt like a failure and if he thought he should just give up, and Mr. Edison responded, Young man, why would I feel like a failure? And why would I ever give up? I now know definitively over 9,000 ways that an electric light bulb will not work. Success is almost in my grasp. Shortly after that conversation, Edison invented the light bulb (in over 10,000 attempts!).