The 1930s and Great Depression

The great depression which started in 1929 not only affected the U.S it had worldwide affects. It all began with the stock market crash in 1929 causing wall street to go bankrupt, this affect millions of businesses which would lay off their employers. in 1933 which was considered the worst of the great depression over 15 million people in the U.S were unemployed, half of the banks were closed, and industrial production had reduced to half the production. Many people blamed the president at the time Hoover, because of his laid back approach to the depression hoping ti would just blow through.However this did not work at all and thankfully when the election came around the people elected Roosevelt who brought change and opportunities of many jobs and banks to get out of bankruptcy.