The facts below explain everything from when was the great

depression to the great depression unemployment rate, to life for

the children.1. When Was the Great Depression? It lasted from
1929 to 1941, 12 years.2. Nearly 50% of the children of the
great depression did not have adequate food, shelter, or medical
care.3. In 1930 President Hoover claims that “the worst was
over” this statement appeared to be 11 years too early.4. Bums
lived in villages called “Hovertowns” as a sign of anger against
the president’s inability to get the economy back on track.5. The
first week of the depression the stock market lost $30 billion
dollars, more than the US government spent in WW2. By the end
of the depression the stock market fell 89%.6. 750,000 farmers
declared bankruptcy.7. The Empire State Building and the Golden
Gate Bridge where created during this time and created some
jobs in America.8. The great depression unemployment rate
reached 24.9% Toledo, Ohio got hit especially hard and reached
an unemployment rate of 80%9. Every major country abandoned
the gold standard in order to print more money.10. WW2
eventually pulled the US out of the depression by creating new
jobs.

Who Faired the Best During the Great Depression? So, Who
Faired the Best During the Great Depression? It may come to a
shook to some people that although poverty hit record highs,
40% of people in the US where not affected by the depression
and a few even prospered during that time. Movie theaters
became a booming industry. Between 60 and 80 million
American’s went to the movies each week. Anything that helped
people escape from reality got a boost in business. Joseph F
Kennedy made a killing in the real estate market during the time
giving him the money to finance his son’s presidency campaign.
Jessie Livermore also made an incredible 100 million dollars in
the stock market by calling the top.