Relacionar Columnas Great Depression MatchingVersión en línea Match the cause and effects of the Great Depression por Hannah Howard 1 Overproduction in industry & agriculture 2 Banks have no regulation, make unwise investments with customers' money 3 Hoover believes the economy will fix itself 4 People lose their jobs 5 Speculation in the stock market & buying on the margin 6 Poor farming techniques & natural disaster cause the Dust Bowl. 7 Southwest needs jobs and electric power. 8 Laissez faire economy means government is hands off 9 High tariffs such as the Hawley Smoot Tariff & War Debt 10 Competition for jobs is intense. Mexicans & Mexican Americans are sent back to Mexico (repatriation). The Hoover Dam is built. Farmers called "Okies" move West Hoover becomes very unpopular as the Depression gets worse. FDR is elected. Prices drop, workers are laid off or fired Europeans cannot afford US goods, profit plummets, businesses are forced to lay off workers Americans panic, run to the banks & withdraw their money. Banks collapse Without jobs, people can no longer pay their mortgage and the banks foreclose on their homes. Many people are homeless Stock Market Crash 1929 As the Great Depression gets worse, the government is unable to provide adequate support for people
Crear