Causes of the Stock Market Crash
-Between the years 1927 and 1929, industrial production output increased 25%. The economy was expanding rapidly, and companies were enjoying this expansion. Companies were hard hit by the decrease in consumer spending, and this trend would continue for nearly three years
Causes of the Great Dpression
- The Stock Market crash
-Bank failures, in the 1930s over 9,000 banks failed.
-Drought Conditions. the drought in the Mississippi Valley, many could not pay for their taxes.
The Dust Bowl
The Dust Bowl or the Dirty Thirties. Happened in the 1930s. happened in the states of Kansas, Oklahoma, Texas, New Mexico; from Nevada and Arkansas. The Dust Bowl got its name after Black Sunday, April 14, 1935. In 1932, 14 dust storms were recorded on the Plains. 38 dusts storms happened in 1933.
In 1934, 100 million acres of farmland had lost all or most of the topsoil to the winds. Farm life started getting very hard! With crops dying and bad soil, farmers could not produce enough food to live on, much less sell. Farmers were unable to pay their share to the landowners. Farmers were forced to leave the land with huge debts they could not pay. The government started to help; they gave seeds, money, and equipment.
People were getting so tired of seeing dust that they decided to take action! Starting in the 1935, efforts were made by the state government to develop programs for soil conservation in the dust bowl. Farmers started planting trees to break the force of wind.
http://library.thinkquest.org/TQ0312210/Dustbowl.html
hthttp://www.english.illinois.edu/maps/depression/dustbowl.
tp://www.livinghistoryfarm.org/farminginthe30s/water_02.html
Comments
Brief on the causes and no personal thoughts.