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