The Great Depression

- In the 1920s, The US economy boomed.

- The new technology, automobiles, and better goods meant a better economy.

- As the Business profit rose, the stock for the buisness rose.

- More and more people began to invest in business stock.

- During World War I, the US loaned money to other nations.

- After the war, these nations began to repay the US.

- The international trade led to economic trouble.

- The crash of the stock in 1929, let to the end of the economic boom.

- By 1933, stocks had lost 80% of their value.

- The crash was followed by the great depression.