great deppresiion

A world with no money and no way to feed the Young ones. Can you picture a parent that is not able to provide for their children because of the economy? There is no jobs and no one out there can’t help you because they have to first figure out how to help themselves. The Great Depression was an important event that impact the majority of the people where in the need of help. Occurring on October, 1929, and continuing through most of the 1930s. The Great Depression was and economic crisis period in which the United States and other countries got impact. There was many events that help bring this economic crisis however, one that stands out is the crashing of the stock market. The Great Depression had a major impact on the world because of the events, the course and the effects.
The causes of the catastrophe of the Great Depression involved money. First, the stock market crash. This occurred because the male investors when crazy and started to invest heavily in the stock market. The stock markets started to rise without declined the people felt safe to invest their money to make a quick dollar. Later on professional investors sense a conflict they began to sale their shares while the other investors sold out their shares to be able to pay the interest . Both investors activities cause the stock market to crash. The stock market lead a problem with the bank. Because of the stock market there was no way the bank could now function properly. The bank had lend speculators money. Which meant that when the stock market crash the speculators were unable to paid what belong to the bank back. Not only the speculators where the problem but the bank had faith in the stock market therefore, the bank had as well invested money. When the stock market crash all their investment vanish. The bank employees started to doubt the banks so this cause them to removed all their savings. In the income Disparity the people started to lose their jobs. Machines took over their jobs. This cause them to get fired or to lower their incomes. It all started because of the financial problems of the stock market and lead to something bigger that we called the Great Depression.
Many people got effected by the Great Depression. Those who took it hard where th civilians living in that economy. There was all type of workers. Workers who work in farms and others who work in companies, or factories. These people and others participated in hunger marches. The farmers started to revolt.