Great Depression explained to kids

The Great Depression was a time of great hardship for people all over the world. It began in 1929, when the stock market in the United States crashed. This caused prices for goods to go up, and people to lose their jobs. More than 15 million people were unemployed in the United States by 1933. The Great Depression lasted until the early 1940s. People in the United States were not the only ones affected by the Great Depression. Countries all over the world were affected. In Germany, for example, people were so desperate that they started eating bread made out of sawdust. The Great Depression was caused by a number of things. One of the main causes was the stock market crash. Another cause was the fact that there was too much money in the United States, and not enough people to spend it. This caused prices for goods to go down, which led to factories closing, and people losing their jobs. The Great Depression had a number of effects. One of the most serious effects was that it caused people to lose their homes. Another effect was that it led to a rise in crime. This is because people were desperate, and would do anything to get food or money. The Great Depression also had some positive effects. One of these was that it led to the formation of the welfare state. This is a system in which the government provides money and other assistance to people who are in need. Another positive effect was that it led to the development of new methods of farming, which helped to end the Dust Bowl. The Great Depression was a time of great hardship for people all over the world. It began in 1929, when the stock market in the United States crashed. This caused prices for goods to go up, and people to lose their jobs. More than 15 million people were unemployed in the United States by 1933. The Great Depression lasted until the early 1940s. People in the United States were not the only ones affected by the Great Depression. Countries all over the world were affected. In Germany, for example, people were so desperate that they started eating bread made out of sawdust. The Great Depression was caused by a number of things. One of the main causes was the stock market crash. Another cause was the fact that there was too much money in the United States, and not enough people to spend it. This caused prices for goods to go down, which led to factories closing, and people losing their jobs. The Great Depression had a number of effects. One of the most serious effects was that it caused people to lose their homes. Another effect was that it led to a rise in crime. This is because people were desperate, and would do anything to get food or money. The Great Depression also had some positive effects. One of these was that it led to the formation of the welfare state. This is a system in which the government provides money and other assistance to people who are in need. Another positive effect was that it led to the development of new methods of farming, which helped to end the Dust Bowl.