The great Depression

The great Depression

(The greatest Economic Fall Down)

Hello readers!!!
Today my sister was discussing with my parents about the great depression. At first, I was confused, but then as I continued listening, it seemed more and more interesting, so I researched a little bit on it. I thought that it would be an interesting thing to share with you all. It was a weird name, but it was a good topic. 

 In the year 1929, a severe economic loss happened which shook the world. There was a major fall in price in the US…the money income of the country at that time reduced to half of before!

It led to so much loss that it started to be called The Great Depression. It had devastating effects on US which gave a terrible impact on all the other countries. Not only the poor countries but also the rich ones. 

In this year, people started losing their job due to the increase in the price of goods. People started to have limited resources and there was despair everywhere. The poor could not get goods while the rich were bidding high prices for it.

This led to a crash in the market, and the condition became so awful, that on one day the news channels reported, 

“Today, there is no news.” They were unable to convey to the people what will happen and weather there was any hope left. Things started improving at the end of World War II by increasing the tax and reducing people’s spending. 

Such a depressing condition wasn’t it. Well, the best thing about reading history is that it helps us learn from it. This is it for today’s blog, hope you found it interesting!

#Stay Home #Stay Safe

 

Comments

Post a Comment

Popular posts from this blog

Care Of The Loved Ones Author : STHUTHI TULSIDAS AMIN

  Care Of The Loved Ones Author : STHUTHI TULSIDAS AMIN Hi guys Sthuthi here, today I am share a story weaved by me , so here I have modified the popular story of the shepherd and the wolf, U all might have heard this story, so today I am going to narrate it in a my own way and modify it differently, so lets start. My tittle of the story is- CARE OF LOVED ONES CARE TOWARDS LOVED ONES There once lived a shepherd boy who amused himself by crying out loud, "Wolf! Wolf! The wolf is eating the sheep !" The villagers ran to save the sheep and also came to check if the boy was alright they came because the considered humanity and mankind towards the human beings, which is a major element missing on our mother earth ,. The boy laughed at them, they were angry but ignored it . the boy's name was Gopi. His mother and father died because of some really serious disease which didn't have a cure, he only had his younger brother ,his name was ram, which he loved a lot , he loved him
Read more

A SWEET DREAM Author : SHRIYANS SACHITH

  A SWEET DREAM Author : SHRIYANS SACHITH Aquaman was the movie playing when I guess I shut my eyes on a lazy sunday afternoon after a heavy meal. The mermaid was beautiful as it looked at me with its blue eyes. She had long blonde hair and a smile that made me blush. I was in deep sea surrounded by various aquatic animals, lush topographand clear water. She held out her hand and said I should take it if I wanted a tour of the underwater world. I grabbed at her hand and almost fumbled with it. She laughed at my awkwardness and I smiled back with a foolish look. 'Come' she said' and led me into an astonishing world. The air bubbles floated around me as I breathed out deep. As we sped along, I noticed various fishes of all shapes and sizes. Each of them gawked at me with bewilderment while I waved at them. The ocean-bed was laced with shells, oysters, precious stones that glittered and pebbles embedded in the white sand. Everything seemed so fresh and un-polluted and pristine
Read more

My New Year Promise/ Resolution Author : TVESA PAREKH

My New Year Promise/ Resolution Author : TVESA PAREKH Hi Guys, I hope you all are fine and today I am back here with you all. Can anyone of you have a guess that what are we going to do today? ok let tell today we are going to share our new year promise / resolution. I think many of you have kept a promise/ resolution on new year and if you want you can share it with me in the comment section. So without wasting our time let's get started. So my First promise/resolution are : 1- I will eat less junk food 2- I will regularly do exercise 3- I will save my pocket money 4- I will learn a new skill 5- I will keep my room clean. 6- I will keep good grades in school. 7- I will eat less snacks . 8- I will have a fruit or veggie with every meal . 9- I will try new foods. 10 -I will go to bed at a decent hour 11- I will drink less soda and juice and drink more water 12- I will eat my veggies even if I don’t like them, because I know they’re good for me 13- I will study my notes after school.
Read more