The Great Depression
By: Tommy • Essay • 253 Words • December 15, 2009 • 892 Views
Essay title: The Great Depression
We flip on a switch and instantaneously we have light. We turn on the faucet and we get hot, clean water to freely flow. We come home after school and have a refrigerator full of food and the cabinets full of snacks. These are only a few things that we take for granted daily. The 1920's was a time of great personal wealth. The rich became richer and the poor became poorer. Then late into the 1920's tragedy occurred. The stock market, in which many families had invested much money, crashed. It was recorded that a sum of up to forty billion dollars was lost on what was called "Black Tuesday". This sent the United States into an extreme amount of national debt that would eminently lead to a very difficult and treacherous time of poverty. Following "Black Tuesday", the Great Depression began. This was a time of suffer, hard-comings,