If you know a lot about The Great Depression...?

Question

Can you read this over and make sure my facts are right? For a project I had to make a slide about the affects of the great depression and i want to make sure i'm 100% right

The Great Depression was marked as a period of poverty, unemployment, and homelessness.
Between 1929 and 1933, income fell 53%, leading to lower levels of production . The unemployment rate dropped 25% by 1933. Almost everyone in the country was affected, especially those unemployed. Banks, stores, and factories closed and left many people unemployed and some homeless. But even those who were employed were ambivalent when it came to the future due to the rapid increase of people losing jobs.
A welfare system was unavailable to those who were unemployed and so those without jobs struggled to maintain a stable source of financial income.
Many people had their wages and working hours cut
During the 1920’s, the idea of credit took over the economy. During the Great Depression, credit began to tighten and loans had to be relied on. People who had used the credit system during the 190’s became in debt, unable to pay their monthly bills.. Repossessions of houses, cars, household goods, and furniture began to take place
As the stock markets crashed, people who invested suffered losses.
The automobile industry was the biggest and most profitable industry during the 1920’s. During the Great Depression the sales of automobiles fell.
Many countries were affected by the depression and International trade decline. Countries began to focus on protecting on their own industries, and so tariffs on imports were raised.
Taxes dropped along with profits and incomes. This affected countries that depended on exporting raw materials and industrialization.
. Governments reduced spending. Consumer demand decreased.

Answer 1

Unemployment rose by 25%...and I'd mention something about some of the well known companies that got their largest,and most prolific starts as a direct result of the 1929 crash and the depression itself. It would lengthen it substantially; if you have a time minimum that is. Change "became into debt" into "fell into debt"; its sounds better, and also carries more dramatic effect. American Can Co. eventually gave birth to the Campell's Soup Co., United Technoligies Corp(worth $58.7 billion as of 2008) got its start in 1929. Otherwise GREAT job.

Answer 2

unemployment rate dropped 25% by 1933

you mean unemployment rose to 25% ?



People who had used the credit system during the 190’s ? ( use the correct #)

Answer 3

"...unemployment rate dropped 25% by 1933...."



Should read rose by 25%, otherwise, it's fine.



Not everyone suffers when the market bottoms out. Some people made immense fortunes during the depression.