The Stock Market Crash
When did the stock market crash?
1929
What happened to people?
They went hungry.
____ Lindbergh was the first to cross the Atlantic ocean in an airplane.
Charles
This cause ruined confidence in the American economy.
The Stock Market Crash
The stocks fell __% from 1920-1929.
80
Did farmers lose their jobs during The Great Depression?
Yes
Why were $1 billion dollars lost in bank deposits?
Bank closures
The Dust Bowl
Who was president for most of the crash?
FDR
What rate went up to 25%?
The Unemployment rate
Where did The Great Depression start?
Wall Street
___ failures helped start The Great Depression.
Bank
Who was president during the crash?
Herbert Hoover
What happened to factories?
They closed down.
____ policies made The Great Depression worse.
Trade
This event caused prices to decrease.
Overproduction
What was the stock market crash also known as?
Black Thursday
What two things were abandoned?
Mills and Mines.
When was the peak of The Great Depression?
1932-1933
____ panics deprived banks of deposits.
Banking