Causes of the Great Depression
What is Speculation?
What does buying on Margin do?
Buying stocks and bonds on the chance of quick profit with high risk
its paying a small amount of a stocks price as a down payment and borrowing the rest
What is the New Deal plan?
The program helped improve peoples life's from suffering from events such as the great Depression.
Warren Gamaliel Harding
He was the 29th president during 1921 and 1923, he was considered one of the coolest presidents and played more then one instrument
Unemployment
due to banks shutting down the unemployment started to increase by 25% and fast
Movies
Movies were a way to keep peoples minds off of the pain and grief of the Great Depression. Such as The Wizard of Oz
How many stocks were bought during black Tuesday?
When did black Tuesday happen?
16.4 millions stocks
October 29, 1929
What do the three R's stand for?
Relief, Recovery, and Reform
Calvin Coolidge
He was the 30th president during 1923 and 1929, he is important because he proponent the women's rights and passed the Indian Citizenship act of 1923 which granted all Native Americans Citizenship
How much money was lost?
30 million dollars were lost by November
Radios
Radios were a source of entertainment at home for families and they would usually have Comedians and Dramas
What caused the dust bowl?
what areas were hit the most?
Overproduction, drought, and winds
Kansas,Oklahoma,Texas,New Mexico, and Colorado
What are some criticisms surrounding the New deal program?
Liberals, Conservatives, Americans Liberty League, and The Supreme Court
Herbert Hoover
he was the 31th president between 1929 and 1933, he saved millions of Europeans from starvation and kept Americans from having to ration their food
What did the people do when they found out about the banks?
They ran to the banks to remove all of their money because they were afraid of losing it
Music
they would have very motivated music such as Duke Ellington making "if it ain't got that swing' another way to make people think positive during these hard times
Banking Failures
Its where the Federal reserves fail. Almost 600 banks were closed in 1929, then by 1933 11,000 of the nations 25,000 banks had failed.
How did the New Deal Program affect women?
It promoted women's rights but also limited employment
Franklin D Roosevelt
He was the 32th president from 1933 and 1945, he was the one that pleaded from the New deal program
Farmers
Between 1929 and 1932 around 400,000 farms were forced to shut down and because of this farmers had to turn to tenant farming
Art
Art was a way to let the world to know exactly how the Great Depression is affecting families and everyone
What were the main causes of the Great Depression
Overconfidence,Stock Market Failing, Banking Failures, and Overproduction
Who was the president that made the New Deal Plan?
Franklin D Roosvelt
Affects on the people
many lost their will to live and suicide rates started to increase by 30%
Literature
Was another way to keep teens busy such as making books and comics for them to read such as, Superman which is a superhero comic which is still popular