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