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