Zac

__The Great Depression Timeline__ __Works Cited__
 * The Great Depression occurred from October 24, 1929 in on Wall Street in New York till 1941.
 * The Great Depression started in the United States with the Wall Street Crash a finacial crisis. Bussinesses went bankrupt, factories and banks closed. Fewer goods were manufactured and traded between nations.
 * The United States got in this situation because of the Stcok Market Crash of 1929, bank failures, reduction in purchasing across the boarder, American economic policy with Europe, and drought conditions.
 * This Depression affected the entire world. But, for the United States thousands to millions of people lost their jobs in industry and business and caused people to be homeless and poor and starve from not having any money to provide for themselves and their family.
 * The economy declined so rapidly because in 1929 a panic in the New York Stock Market. It introduced a world-wide decline of any business activity, international trade and industrial production dropped rapidly, wages shrank, and unemployment rose rapidly.
 * Everyone in the entire United States were involved in this world-wide depression.
 * The main people of the Great Depression were Herbert Hoover, John Maynard Keynes, and Franklin Delano Roosevelt. All of these men had something to do with the Great Depression, they all helped in resolving this world-wide depression.
 * Schools during the Great Depression were horrible especially in the country because the value of farm land plummeted and that meant that property taxes that supported these schools fell as well. And for all schools in the United States, some school districts couldn't even pay the teachers causing job loss. And if their are no teachers then no students could learn.
 * The recovery of all economies across the nation began in the 1930's, countries experiencing balance of payment deficits finaced those deficits by exporting gold. The loss of gold forced them to contract their money stock, thereby inducing expansionary pressures.
 * Steindl, Frank. "Economic Recovery in the Great Depression". EH.Net Encyclopedia, edited by Robert Whaples. March 16, 2008. URL []
 * Harris, Nathaniel. __The Great Depression__. Chicago: Heinemann Library, 2003.
 * "The Great Depression (1920-1940)." __Spark notes__. 12 Mar 2009 [terms.html].
 * "The World Depression and it's results." 12 Mar 2009 [results.html].