- from Great Depression
Not everyone became poor right after the stock market crash of 1929. Indeed, some Americans stayed well-off throughout the ten years of the Great Depression.
But many families soon fell on very hard times. Millions of workers lost their jobs. Tens of thousands of people lost their homes, because they couldn’t keep paying the mortgage, or the loan to buy their house. From 1929 to 1933, the government didn’t do much to help people.