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The Great Depression In The 1920's

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The Great Depression In The 1920's
The 1920’s was a very propitious era. Millions of people were living in wealthy cities, the economy was great, many had jobs, and new inventions were being created. Overall, everyone was happy and carefree. However, in 1929, the stock markets crashed and millions of citizens lost all the money they invested into the bank. This event soon led the world into the worst economic downturn, The Great Depression. Millions of people became unemployed, had food insufficiency, started living on the streets, and underwent many other critical problems. The citizens of the United States lost hope in ever recovering from such a tragic event. However, when Franklin Roosevelt became president, he restored the hope the citizens had lost by creating The New
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