Throughout the 1930s over 9000 banks failed.
Europe- as business began to fail the government created smooth alley Tariff in 1930 to help [protect American companies.
Impact on economy and people- less jobs less employment less buying forcing lower prices.
FDiC- the new deal in 1933 in an effort to halt over bank closings. The fdic insures the bank deposits individual citizens. Ccc eventually provided jobs for 2.5 youth Americans.
Many people had lost their deposites In bancks because of bank failures
A lot of people lost money so they couldn’t pay back
The stock market effected everyone negatively
The great depletion had helped Hitler get power
Comments