In 1929, the bills started to come in. American industry had produced too many goods.
__________________________________. So factories had to cut down on their production. Many workers lost their jobs. Investors tried to get their money back. But businesses did not have enough money to pay them.
__________________________________. But the investors could not pay, either. Too many people owed money. And few of them could pay their bills.
During the next few years, business got worse and worse. By 1932, banks all over the country were closing.
People without money could not buy goods. So more businesses closed. More and more people lost their jobs. __________________________________. Millions more were earning barely enough to live on. The country was in a great depression they had never experienced before.
Useful Words and Expressions:
bill 帐单，票据
foot the bill付账，负责
cut down on 减少
depression 沮丧，萧条
Great Depression大萧条
本帖隐藏的内容需要回复才可以浏览
作者: herman_liu76 时间: 2014-11-25 22:33
Americans could not afford to buy all of them.
Banks try to get their money back from the investers.
By 1932, more than 12,000 Americans were jobless.作者: susan.sui 时间: 2014-11-27 10:47
Americans could not afford to buy all of them
banks tried to get their money back from investors
by 1932, more than 12 million Americans were jobless作者: laura6688 时间: 2014-12-5 15:35
Americans could not afford to buy all of them.
Banks try to get their money back from the investers.
By 1932, more than 12,000 Americans were jobless
