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 Banks have no regulation, make unwise investments with customers' money 4 Competition for jobs is intense. 5 Laissez faire economy means government is hands off 6 Overproduction in industry & agriculture 7 Poor farming techniques & natural disaster cause the Dust Bowl. 8 Hoover believes the economy will fix itself 9 High tariffs such as the Hawley Smoot Tariff & War Debt 10 People lose their jobs As the Great Depression gets worse, the government is unable to provide adequate support for people Europeans cannot afford US goods, profit plummets, businesses are forced to lay off workers Prices drop, workers are laid off or fired 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 The Hoover Dam is built. Mexicans & Mexican Americans are sent back to Mexico (repatriation). Hoover becomes very unpopular as the Depression gets worse. FDR is elected. Farmers called "Okies" move West
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