The Great Depression is what we are learning about in Social Studies and so now I’m going to tell you about the things we have learned. The Great Depression was caused by the sudden stock market crash. After the stock market crashed people wanted to take out their investments in their stocks and fast. Another thing that was a main reason is also after the stock market crashed people tried to take all of their saving out of the bank, the bank didn’t have everyone’s money because of the banks risky investments in the stock market. Henceforth the Great Depression happened. During the Great Depressionsuch  as the Drought were farmers used their land to many times till the land didn’t have enough minerals to produce good crops. Then the Smoot-Howley Tariif  made businesses work in other countries to make more money but that eliminated tons of American jobs and they also made importing tax alot more because we need things from other countries badly enough to pay higher taxes, so they made bigger profit. The president tried to open up mare jobs for Americans, but then with more jobs more product was being made but the consumers couldn’t afford the product causing overproduction.Then when everything seemed hopeless a new president was elected, FDR Franklin D. Roosevelt who then with many labor jobs got people money back and helped banks get insured on peoples money and reimbursed banks, then people started to trust the banks again. That is what happened in the Great Depression.

By David Wolf