1/14/13 Notes

The great depression

the wpa helped find people jobs during the great depression

Bank failures-Many banks failed because people began to lose their savings due to the deposits in the bank. They became more cautious on who they gave loans out to.

Food stamps-Roosevelt started the program, Introduced in 1939. Help those who were needy get food for their  family.

Many people couldn't transfer goods and tariffs increased rapidly. that had a long lasting impact on the depression.

Causes-stock market crash, Bank failures, reduction in purchasing, drought, non farmer work force lost

Causes of the stock market crash-It happened on October 24 1929. investors lost more than40 billion dollars.

impact- people lost their home and jobs, unemployment, starvation and illness.

Government help-they tried to create jobs with the new deal. they paid farmers not to sell their products. they lso started to ration out food

Impact on the world-people went buying as much, jobs were lost, family's were separated.

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