The Great Depression, spanning from 1929 to the late 1930s, was a time of unprecedented economic hardship that affected ...

1929 - The stock market crash ushered in the Great Depression ... checks were worthless and which were sound. Roosevelt closed all the banks in the United States for three days - a "bank holiday." ...

Around 9,000 banks closed between 1930 and 1933. This meant that many Americans lost their savings. The Great Depression affected how people lived, both from a physical and mental perspective.