The Depression in the United States
October 29, 1929 "black Tuesday" is the day that the stock market crashed in the U.S. This officially set of
the Great Depression. Unemployment skyrocketed in the U.S., one quarter of the entire workforce was without jobs in 1933, and as a result, many people became homeless. In 1932 Franklin D. Roosevelt was elected president after president Herbert Hoover failed to improve the depression's situation. Franklin promised a "New Deal" and congress created the Works Progress Administration (WPA) which offered work relief for thousands of people. The Depression ended shortly after this along with the United States entry into World War 2.
the Great Depression. Unemployment skyrocketed in the U.S., one quarter of the entire workforce was without jobs in 1933, and as a result, many people became homeless. In 1932 Franklin D. Roosevelt was elected president after president Herbert Hoover failed to improve the depression's situation. Franklin promised a "New Deal" and congress created the Works Progress Administration (WPA) which offered work relief for thousands of people. The Depression ended shortly after this along with the United States entry into World War 2.
The Depression in Europe
The Great Depression hit Europe later than it hit the United States. It differed in force from the U.S. as well, some countries were hit hard like Germany, while others did not suffer with extremely high unemployment and the collapse of the economy. Overall, most European countries except Germany were far better off than the U.S. and Canada, and the depression in Europe even lasted a shorter amount of time.