THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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New Deal
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Square Deal
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Impact of the Great Depression
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Causes of the Great Depression
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Detailed explanation-1: -During the Great Depression preceding the passage of the Social Security Act, “soup kitchens” provided the only meals some unemployed Americans had. This particular soup kitchen was sponsored by the Chicago gangster Al Capone.
Detailed explanation-2: -Which statement best explains a major cause of the Great Depression in the United States? Factories and farms produced more products than Americans could afford to buy.
Detailed explanation-3: -The Great Depression was the world’s worst financial crisis, causing mass unemployment and poverty. Soup kitchens and bread lines were created as a place where people who could not afford to eat could get a meal.
Detailed explanation-4: -It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.