Relier Pairs Great Depression MatchingVersion en ligne Match the cause and effects of the Great Depression par Hannah Howard 1 Poor farming techniques & natural disaster cause the Dust Bowl. 2 Banks have no regulation, make unwise investments with customers' money 3 People lose their jobs 4 Laissez faire economy means government is hands off 5 Speculation in the stock market & buying on the margin 6 Overproduction in industry & agriculture 7 Hoover believes the economy will fix itself 8 Southwest needs jobs and electric power. 9 High tariffs such as the Hawley Smoot Tariff & War Debt 10 Competition for jobs is intense. Mexicans & Mexican Americans are sent back to Mexico (repatriation). Europeans cannot afford US goods, profit plummets, businesses are forced to lay off workers Stock Market Crash 1929 Farmers called "Okies" move West As the Great Depression gets worse, the government is unable to provide adequate support for people Hoover becomes very unpopular as the Depression gets worse. FDR is elected. 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 Prices drop, workers are laid off or fired The Hoover Dam is built.
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