Great Depression: What exactly happened to America after the stock market crash after 1929

From. New York City, 11789

Great Depression all started few years after the World War I and the "good and prosperity"lives of Roaring Twenties, when people could afford goods, such as automobiles, refridgeators, and radios, and make money, such as in stock market, due to the economic boom that took place. However, things started to change when economic started to decline and stock market crashed.

After collapse of stock-market crash on the New York Stock exchange in October 1929, people were continuously losing jobs, houses, and money, affecting not only the United States of America but also all other nations in Europe, Asia, and Africa.
Conditions were terrible. People did not have a place to stay, a money to buy food, nor a job thatt would support their families. The difference between wealth and poor became farther apart as more middle-class lost their jobs and were thrown off in the streets. Men and fathers are not only ones to labor and to bring the money for the family: women, youth, and even children under age had to work for their households so that they could earn money to buy a loaf of bread to eat for that day. Government, in some places, offered free soup and bread, but supplies were not enough for all people, and people had to wait in long line to recieve food.

Companies, because everyone was looking for a job, could hire workers in very cheap price and also could easily replace them too. Protections for workers became lower as people desperately looked for the jobs. Though people died and were seriously injured, people were not properly insured or cared for since factories and companies could easily find the workemen to replace their places.
President Hoover, an well known economist before he became the president, strongly believed self- regulating government was the right answer for the economy to recover. But his principles did not please the people and the public. People wanted full government interaction in economy and hoped for the government to regulate the companies as well. When Hoover realized people wanted direct involvence, he started to create laws and acts, but he was too late creating laws that would please the people. Hoover, because his loose interaction within economic during the Great Depression, made him unpopular among people, making the re-election in 1932.

People in 1929 started to lose faith within the years because economic was not getting better. Also they could not see the real invoveness of the government. Though people believed that the Great Depression would be similar to other economic panics that America went through, people did not realize that the Depression, the longest recorded depression in American history, that they were going through would last until World War II.