Great Depression

The video explores the Great Depression, a severe economic crisis in the 1930s marked by mass unemployment and bank failures. It began with the 1929 stock market crash, known as Black Tuesday. The Dust Bowl worsened the situation, affecting farmers. President Hoover was blamed, and shanty towns called Hoovervilles emerged. Franklin D. Roosevelt's New Deal aimed to revive the economy, but full recovery came with World War II. The video concludes by questioning the stock market's safety as an investment.

What were Hoovervilles and why were they named that way?

How did World War II contribute to the end of the Great Depression?