So, if you think you know what life was like during the Great Depression, think again. Here are 15 facts that might just change the way you see one of the toughest times in American history.
The longest recession in American history took place between 1929 and 1939. Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity.
Before the Christmas break, we ran a short series on how the Great Depression unfolded in Friday's Money Mornings (you can check out the most recent one here, and see the whole history page here).
But who got rich or stayed rich during the Great Depression, while everyone else lost it all? Read more: Bear Markets: Facts ...
However, comparing it to the Great Depression is hyperbolic. This is reminiscent of the old Harry S. Truman adage, “It's a recession when your neighbor loses his job; it's a depression when you ...
One of the most popular New Deal programs, the Civilian Conservation Corps put three million young men to work in the nation's forests and parks at the height of the Great Depression.
The era came to a dramatic and abrupt end in October 1929 when the stock market crashed, paving the way for America's Great Depression in the 1930s. Economic upheaval ensued in the years that ...
Roosevelt was proactive in dealing with the effects of the Great Depression. He came up with a new set of policies known as the New Deal. close New DealThe name of the policies put in place from ...