Causes
Explanation
Consequences
Desperate Years & Riding the Rods
Drought on the Prairies
100
Rather than try to jumpstart the economy by pushing the Federal Reserve System to lend money to banks at low interest rates and pumping money into the economy through federal public works projects, the Hoover Administration did nothing at first, then took small and tentative actions that weren’t enough to head things off.
What is Government inaction.
100
The stock market soared throughout most of the 1920s, and the more it grew, the more people were eager to pour money into it. Many people bought on margin, which meant they paid only part of a stock’s worth when they bought it and the rest when they sold it. That worked fine as long as stock prices kept going up.
What is The stock market crash.
100
High unemployment
Why do people have no jobs?
100
many people working in factories lost their jobs.
What happened after wealthy, middle-class Canadians noticed little change in their lifestyle
100
The collapse of the wheat market had left families struggling to survive.
What was after The Depression hit the entire country
200
In 1933-1934, the overall jobless rate was twenty-five percent with another twenty-five percent of breadwinners having their wages and hours cut.
When were the worst years of the Depression
200
Many small banks, particularly in rural areas, had overextended credit to farmers who, for the most part, had not shared in the prosperity of the 1920s and often could not repay the loans. Big banks, meanwhile, had foolishly made huge loans to foreign countries. Why? So the foreign countries could repay their earlier debts from World War I. When times got tough and U.S. banks stopped lending, European nations simply defaulted on their outstanding loans. As a result, many banks went bankrupt. Others were forced out of business when depositors panicked and withdrew their money. The closings and panics almost completely shut down the country’s banking system.
What is Bank failures.
200
Farmers lost their farms
What did the farmers happen?
200
helped those who were desperate, providing clothing and meals.
What did Private charities help
200
the Prairies were hit by a disastrous drought
What happened in 1928?
300
The Stock Market crashed.
It was the straw that broke the camel's back so to speak but was not the main cause of the Great Depression.The main causes were things that were there for years. What is "it" referring to.
300
That may sound sort of goofy, but it’s a real reason. While the overall economy had soared in the 1920s, most of the wealth was enjoyed by relatively few Americans. In 1929, 40 percent of the families in the country were still living at or below the poverty level. That made them too poor to buy goods and services and too poor to pay their debts. With no markets for their goods, manufacturers had to lay off tens of thousands of workers, which, of course, just created more poor people.
What is Too many poor people.
300
included such programs as the WPA, Social Security, the CCC
What is The New Deal
300
Soup kitchens were set up for the hungry and homeless but for some, the hardships were too much to bear.
What did Soup kitchens use for
300
Almost 8 years.
How long did the Prairies were hit by a disastrous drought last?
400
The farmers were already in their own depression long before the "Great Depression" began and started to lose their farms, couldn't pay taxes
Why did the farmers lose their farms
400
Many American farmers were already having a hard time before the Depression, mostly because they were producing too much and farm product prices were too low. The situation was so bad in some areas that farmers burned corn for fuel rather than sell it.
What is Farm failures.
400
the Bonus Army protest for instance
What is Social unrest
400
One Winnipeg man returned home to discover that his wife, living on relief, had drowned their son, strangled their daughter and poisoned herself.
What did One Winnipeg man return home and see?
400
the federal government passed the Prairie Farm Rehabilitation Administration Act
What happened in 1935?
500
Because banks failed, people started to withdraw money which put further strain on the system.
Why did people start withdrawing money?
500
The production of vast crops during World War I and the decade that followed resulted in over-plowing of much of America’s farmland. The prairie grasses that held topsoil in place were stripped. Coupled with one of the worst droughts in recorded history, the unprotected soil turned the Great Plains into what would become known as the “Dust Bowl.” Dry winds picked up tons of topsoil and blew it across the prairies, creating huge, suffocating clouds of dirt that buried towns and turned farms into deserts.
What is Environmental disasters.
500
People lost their homes, lived in shacks called "hoovervilles
What happened after President Hoover 's speech?
500
more than one-quarter of Canada's workforce was unemployed.
What happened in the winter of 1933?
500
helped farmers build irrigation systems and reservoirs but by this time, drought and poverty had forced many farmers to leave their farms and move elsewhere.
why the federal government passed the Prairie Farm Rehabilitation Administration Act?