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The World Poverty: The Great Depression

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The World Poverty: The Great Depression
The Great Depression

The Great Depression was a sad time of worldwide poverty, but it ended well for most countries. According to Wikipedia.org, the official beginning of the Great Depression was the American stock market crash on Black Tuesday, October 1929. This started the economic depression for the rest of the world. Other contributing factors were a weak banking system in the U.S and the Dust Bowl, a massive drought in the Midwest. The Dust Bowl happened after the “overproduction of agricultural created a widespread financial despair among American farmers,” (Wikipedia, Wall Street Crash of 1929).
The Great Depression affected the majority of the world negatively, destroying economies and putting nations into debt with each other, although
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