Absent -out of town
Make up Notes:
4. Banks and business' collapse(469)
People couldn't pay back loans and banks lost money then closed. People didn't trust banks and kept money in their house. 11,000 of the 25,000 banks failed
Businesses overproduced products and people didn't buy things and 90,000 businesses failed. unemployment rose to about 25%
5. Effect stock market crash had on other countries(469-471)
The depression spread to other countries and in that they had the same effects as the united states and ultimately some countries started having dictatorships because they trust dictators more.
6. Depression in the cities(472-473)
life was not great. People lost jobs so they didn't have any money to pay for homes and payments and they became homeless and started making shantytowns also known as hoovervilles. They would build homes with trash and any scrap metal they could find. They rumaged through garbage to try to find food and other things for money. Racism was big. They thought latino's and black's stole their jobs and started kicking them out of our country because thats why the lost jobs. Soup kitchens started forming and other places started forming to help the homeless and this was done by local people.
7. Depression in the rural areas(473)
they didn't have as many effects because they could grow there own food. But they became in debt because of overproduction. The dust bowl also destroyed crops. They had no money though.
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