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