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