The term "market" in economics.
What is an exchange of goods and services
This US President was elected in 1932 on the promise of a "New Deal" for the American people that would pull them out of the Great Depression.
Who was Franklin Delano Roosevelt
This event marked the beginning of a period of economic crisis in which many Americans were unemployed.
What was the Stock Market Crash of 1929?
This explains how consumers and producers interact in the U.S. economy.
Producers decide on what products to create based on what consumers purchase?
Over-plowing during a drought made the soil too fine, which left the fields vulnerable to wind erosion.
How did farming practices contribute to the Dust Bowl?
Photo Daily Daily Double (Worth 800 points)
This photograph illustrates life in the Great Depression.
What is people had to wait in line for food at the local soup kitchens
Rosa buys donuts at the Donut Shop each week. A new donut store, Yummy Donuts, began selling donuts just a mile away. As a result, the Donut Shop decided to change the price of their donuts. This is what happens the price of donuts.
What is more competition in the donut market; Rosa will likely pay less for donuts.
This U.S. president was blamed for many of the social and economic problems of the early 1930's.
This is how many American citizens experienced the Great Depression.
What was lack of employment and homelessness.
This was how Herbert Hoover and Franklin Roosevelt differed in their plans to address the Great Depression.
What was Hoover resisted using federal assistance, while Roosevelt started government funded projects?