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What Was the Great Depression?, by Janet Pascal
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On October 29, 1929, life in the United States took a turn for the worst. The stock market – the system that controls money in America – plunged to a record low. But this event was only the beginning of many bad years to come. By the early 1930s, one out of three people was not working. People lost their jobs, their houses, or both and ended up in shantytowns called “Hoovervilles” named for the president at the time of the crash. By 1933, many banks had gone under. Though the U.S. has seen other times of struggle, the Great Depression remains one of the hardest and most widespread tragedies in American history. Now it is represented clearly and with 80 illustrations in our What Was…? series.
- Sales Rank: #3468 in Books
- Brand: GROSSET DUNLAP
- Published on: 2015-12-22
- Released on: 2015-12-22
- Original language: English
- Number of items: 1
- Dimensions: 7.63" h x .32" w x 5.30" l, .0 pounds
- Binding: Paperback
- 112 pages
- GROSSET DUNLAP
About the Author
Janet Pascal is an Executive Production Editor at Viking Children's Books and the author of Who Was Dr. Seuss?, Who Was Maurice Sendak?, and Who Was Abraham Lincoln? She lives in New York City.
Excerpt. © Reprinted by permission. All rights reserved.
What Was the Great Depression?
In the fall of 1928, Herbert Hoover, future president of the United States, announced, “We in America today are nearer to the final triumph over poverty than ever before in the history of any land.” Most citizens agreed. Life was the best it had ever been. Only 4 percent of the population was unemployed—four out of every one hundred workers.
A little more than a year later, financial panic had taken over. The New York stock market crashed. Millionaires were ruined. Ordinary citizens lost everything.
The crisis spread from the stock market to the rest of the country. Banks and businesses closed. People’s life savings disappeared. They lost their jobs and their homes. By 1933, one out of every four Americans was out of work. The crisis soon spread all over the world.
This period is called the Great Depression. It remains the worst financial disaster the modern world has ever known. All the money, goods, businesses, and workers that make a country run are called its economy. During the Great Depression, the economy broke down almost completely. To those living through it, it seemed like a bad dream that would not end. What had happened? How did the good times end so quickly?
Most helpful customer reviews
30 of 30 people found the following review helpful.
A MUST READ for every young American!!
By jford40
This is a very well written book about a very important time in American History. I bought this for my 9 year old daughter, but decided to read it first myself. I believe that many schools in this country have started to gloss over the history of our country, and do not get into much detail. Schools seem to preoccupied with spending time "teaching for the test" aka preparing students for the assessment tests that determine federal funding eligibility. As a parent I believe that it is crucial that our children understand the history of our country, and books like this are a great tool to help supplement that learning.
What Was the Great Depression does a great job encompassing the events that led to the Great Depression all the way through to what pulled the country out of it. It essentially begins right after World War I and culminates with World War II. I am glad that it provided the background that showed our country living it up in the 1920s, and how then how quickly it all came crashing down. Janet Pascal has done a thorough job of explaining the essential details in a way that any 8-14 year old could comprehend. She talks about Prohibition, Wall Street, the Stock Market, President Hoover and Hoovervilles, Unemployment, the Dust Bowl, and FDR to name a few. What I really like is that along with the chapters there are 1-2 page side notes that go into more detail to help explain things like Wall Street, which you can see in the picture with my review. At the end of the book there are crisp and detailed photographs of the era, such as the infamous Dorothea Lange one I have also attached to my review.
Overall this is a very thorough explanation of the Great Depression that is somehow kept to around 100 pages of very easy to read print. The "What Was" book series are a great learning tool, and this one is a must read for any child of today's generation. Our children live in a world where everything is readily available at a moment's notice, where they all get a trophy just for competing in something, where a hardship to them is something along the lines of their iPod running out of battery. So to me I feel it is very important to teach our children what a real hardship is, and hopefully in some small way help them to appreciate what they have a little bit more by allowing them to see how quickly good times can turn bad even in our country. I HIGHLY recommend this book for every child anywhere between ages 8-16. For around $5 this is well worth the opportunity for the children of our country to learn about a very difficult time in American History.
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2 of 2 people found the following review helpful.
The book cover with what looks like bobble heads got his attention
By Brandon
I purchased this book for my son who was behind in school with his reading. The book cover with what looks like bobble heads got his attention. He is in the 3rd grade and finds this reading easier for him to understand while learning about our history.
3 of 3 people found the following review helpful.
Love this book since I was born right after
By Patsy Johnson
Love this book since I was born right after. My parents told me a lot about how you couldn't get sugar and things like that. They went through a had time.
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