Question

who were the first ones to lose their jobs during the great depression

Answer 1

Poor people was loss there jobs during Great depression

Answer 2

During the 1920s, many Americans did not think the

economic boom would end. They borrowed money to buy

goods and to invest in the stock market. Then, in October

1929, the stock market crashed. The crash led to an economic

bust. The value of stocks dropped. Many people and

businesses lost money.

The economy got worse. Stores could not sell their goods,

so factories did not need as many workers. Businesses closed,

and many people lost their jobs. Unemployment was high.

This time of unemployment and hardship is called the Great

Depression. It lasted through the 1930s.

Many people, especially farmers, were in debt. They could

not buy as many homes or consumer goods as before. Many

banks closed and customers lost their savings. Banks could

not make loans to help businesses