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The Great Depression took place in the 1930's. It was devastating because the stock market crashed and many people lost their money. The market crashed because of many factors. The most prominent was that people tried to make money on the stock market by buying stocks then selling them at an even higher price. The sudden decrease in stock prices was the reason why it crashed. Many people had to leave their houses to go look for work. The churches and charities soon became overwhelmed and had to ask the government to help house the men looking for work. The government opened relief camps where the men could go live and work cutting down trees for 20 cents a day. These are the reasons why I think the depression was one of the worst times to live in North America.
Certainly, the Depression was one of the worst times to be in North America. What is your opinion about the relief camps?
ReplyDeleteIt is interesting how well Canada was doing before the Great Depression. Do you think that the Great Depression could have been avoided, and do you think human greed had a lot to do with the popularity of the stock market?
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