Category: American History
The Great Depression was the longest economic recession in modern history. It was a period of severe economic hardship that affected the entire world.
During the Great Depression, millions of Americans lost their jobs, banks failed, businesses closed, and many families lost their homes and savings. At its worst, unemployment reached about 25%.
President Franklin Roosevelt responded with the New Deal — a series of government programs designed to provide relief, create jobs, and reform the financial system to prevent future crashes.
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