Monday- Went Over presentations
Tuesday-Went Over Presentations
Causes of the Great Depression- A long and severe recession in an economy
Stock Market Crash-1929
-Bank Credit and Loans
- Buying on the margin
-Weak/Small Bank Firms
-9,000 Banks Failed
-$14 Billion = $194 Billion
Vicious Cycle-
- People have no Money
- Lay People Off
No Body has money
-People dont buy
- Buying on credit
-No Cover crops
- Low agricultural prices
-Herbert Hoover Wrong time
Wednesday- No School
Thursday-
Tariff failed
-1$ Bonus Certificate
- The Bill didnt pass and people started to surround the building
- The Flats burned down
-Jesse Owens
-Lou Gehrig
Jazz Music
- FDR went into politics found Harvard boring
- Ran for New York Senate
- Alliance with Louis Howe
-Lost the the U.S senate election
- WPA Employed millions of people
- AAA No crop surplus
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