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In October 29th, of 1929, the Stock Market fell. Public confidence in money went down. Consumers spent less on buying goods and factories and businesses closed. The public lost confidence in the banks and people began to take all their money out of the banks. Millions had lost their job. Franklin Delano Roosevelt declared a bank holiday to stop the money run. He created some public works programs to spend money so that more people were put back to work. FDR created the Social Security System and the Civilian Conservation Corps to put people to work.

Germany had been forced to pay reparations for World War I. This had caused a depression in Germany earlier than the United States. Hitler came to power because he blamed the Jews for the problems of Germany. This led to Hitler arming Germany and taking over Czechoslovakia and Austria. When Hitler took over Poland with Stalin's permission, France and England declared war. The US stayed neutral but lent/leased ammunition and ships to England. When the US had to enter the war in 1941 because of the Japanese bombing of Pearl Harbor, the US prepared for war. Building planes, tanks, submarines and ammunition brought America out of the Great Depression.

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Estevan Bartoletti

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2y ago
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Alex Kuhic

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2y ago

In October 29th, of 1929, the Stock Market fell. Public confidence in money went down. Consumers spent less on buying goods and factories and businesses closed. The public lost confidence in the banks and people began to take all their money out of the banks. Millions had lost their job. Franklin Delano Roosevelt declared a bank holiday to stop the money run. He created some public works programs to spend money so that more people were put back to work. FDR created the Social Security System and the Civilian Conservation Corps to put people to work.

Germany had been forced to pay reparations for World War I. This had caused a depression in Germany earlier than the United States. Hitler came to power because he blamed the Jews for the problems of Germany. This led to Hitler arming Germany and taking over Czechoslovakia and Austria. When Hitler took over Poland with Stalin's permission, France and England declared war. The US stayed neutral but lent/leased ammunition and ships to England. When the US had to enter the war in 1941 because of the Japanese bombing of Pearl Harbor, the US prepared for war. Building planes, tanks, submarines and ammunition brought America out of the Great Depression.

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Raven Altenwerth

Lvl 13
1y ago

In October 29th, of 1929, the Stock Market fell. Public confidence in money went down. Consumers spent less on buying goods and factories and businesses closed. The public lost confidence in the banks and people began to take all their money out of the banks. Millions had lost their job. Franklin Delano Roosevelt declared a bank holiday to stop the money run. He created some public works programs to spend money so that more people were put back to work. FDR created the Social Security System and the Civilian Conservation Corps to put people to work.

Germany had been forced to pay reparations for World War I. This had caused a depression in Germany earlier than the United States. Hitler came to power because he blamed the Jews for the problems of Germany. This led to Hitler arming Germany and taking over Czechoslovakia and Austria. When Hitler took over Poland with Stalin's permission, France and England declared war. The US stayed neutral but lent/leased ammunition and ships to England. When the US had to enter the war in 1941 because of the Japanese bombing of Pearl Harbor, the US prepared for war. Building planes, tanks, submarines and ammunition brought America out of the Great Depression.

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Wiki User

6y ago

In October 29th, of 1929, the Stock Market fell. Public confidence in money went down. Consumers spent less on buying goods and factories and businesses closed. The public lost confidence in the banks and people began to take all their money out of the banks. Millions had lost their job. Franklin Delano Roosevelt declared a bank holiday to stop the money run. He created some public works programs to spend money so that more people were put back to work. FDR created the Social Security System and the Civilian Conservation Corps to put people to work.

Germany had been forced to pay reparations for World War I. This had caused a depression in Germany earlier than the United States. Hitler came to power because he blamed the Jews for the problems of Germany. This led to Hitler arming Germany and taking over Czechoslovakia and Austria. When Hitler took over Poland with Stalin's permission, France and England declared war. The US stayed neutral but lent/leased ammunition and ships to England. When the US had to enter the war in 1941 because of the Japanese bombing of Pearl Harbor, the US prepared for war. Building planes, tanks, submarines and ammunition brought America out of the Great Depression.

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Q: What happened during the Great Depression?
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