Facts about the Great Depression
- 12
International trade collapsed by 66 percent between 1929 and 1933, as countries raised tariffs and global commerce nearly halted during the Great Depression.
- 11
Savings deposits in American banks fell from $48.8 billion in 1929 to $39.9 billion by 1933 as panicked citizens withdrew their money during the Great Depression.
- 10
Automobile production in the United States plummeted 75 percent between 1929 and 1932, collapsing the auto industry and triggering mass layoffs during the Great Depression.
- 09
Bread lines in major cities during the early 1930s sometimes stretched for several blocks, with desperate families waiting hours for free meals provided by charities and municipal governments.
- 08
Franklin D. Roosevelt's New Deal programs employed 3.3 million workers through the Civilian Conservation Corps between 1933 and 1942, addressing mass joblessness during the Great Depression.
- 07
Dust Bowl conditions destroyed 100 million acres of farmland across the Great Plains during the 1930s, forcing approximately 2.5 million people to migrate westward during the Great Depression.
- 06
Suicide rates in the United States increased by 22 percent between 1929 and 1932, reflecting the psychological toll of the Great Depression on American society.
- 05
Bank failures surged to 9,000 institutions between 1930 and 1933, wiping out the life savings of millions of Americans during the Great Depression.
- 04
Stock market losses totaled approximately 90 percent from 1929 to 1932, erasing roughly $30 billion in wealth during the Great Depression.
- 03
Agricultural prices collapsed by 60 percent between 1929 and 1933, devastating American farmers during the Great Depression and triggering massive rural migration westward.
- 02
Hoovervilles, makeshift shanytowns named after President Herbert Hoover, housed hundreds of thousands of homeless Americans throughout the 1930s Great Depression.
- 01
By 1933, unemployment in the United States reached 25 percent during the Great Depression, leaving roughly 13 million Americans without jobs.