Causes of the Stock Market Crash
Citizens were trying to withdraw money from banks however there was no money to withdraw.
Loan liquidation
Lack of precipitation in the midwest, 1930s
Extended Droughts
Which New Deal Program gave employees the right to form or join unions?
Wagner Act 1935
Roosevelts plan to promote economic recovery and put Americans back to work
New Deal
Every 1 in 4 Americans ___ their job.
lost
Workers who earned less than the hourly wage.
Low wages
What initiated dust storms because of droughts and damaged crops.
Wind
Which New Deal Program separated commercial banking from investment banking?
Glass Steagall Act
The Great Depression ended in ____
1941
People and banks lost money and savings leaving Americans _______
destitute
The mass production of goods in the 1920s led to declining consumer demand in the 1930s. This is referred to as _____________.
Overproduction
Insects that traveled through the midwest during the 1920s. Ate crops and traveled in millions.
Locust
Which New Deal Program regulated industry for fair wages and prices that would stimulate economic recovery?
National Industrial Recovery Act
___ got Americans to mass produce
WWII
Houses made of cardboard and other salvage due to people losing their houses.
Hooverville
From 1920-1921 the US Stock Market fell by 50% and corporate profits fell by over 90%. This was a big ________ ____.
Financial Panic
Farmers abandoned soil conservation practices causing soil erosion which ultimately led to ____ _________ ______.
Poor agriculture practices
Which New Deal Program was designed to lend money to states and communities for construction.
U.S. Housing Authority
$856 billion
_ _ million people were unemployed during the Great Depression
13
Name of the day the Stock Market crashed.
Black Tuesday
What were some of the effects the Dust Bowl had on farmers?
Crops failed to grow, livestock died, faced poverty.
What political group opposed the New Deal to protect the wealthy?
American Liberty League
How much debt was the US in after the Great Depression?
$33 billion
Created to help the unemployed with food by giving them vouchers to be redeemed for food. In 4 years they gave away food to 20 million people.
Food Stamp Program