Kadeejah Johnson Essays - Economy, Economic History, Money

Kadeejah Johnson Professor Dr. G. Sochan American History Opening Due: 11 April, 2016 The Great Depression and African Americans In American history there had been many drawbacks that caused major obstructions within the country and primarily amongst its people. The most notorious of those drawbacks was none other than the Great Depression. This was a time period in American history where more than $10 billion in market value had vanished within hours, and the United States had begun to find itself in the waking of the greatest economic disaster in history. Although the stock market crashed, it was not by itself the cause of the Great Depression. Much of America during 1929 had experienced signs of economic trouble. Banks failed, land undeveloped, mortgages foreclosed, and many Americans began to question the government and its spending. Amongst those who were affected were African Americans, much of whom