okayy, so i missed eli finishing up his blog cause my computer wouldnt work. (its blog discussion day)
now bruns is going over banks and businesses. thousands of banks closed. over 9000 banks went bankrupt from like 1929 to 1932. the great depression went from 1929-1940.
Affects stock market crash had on other countries
tariff- tax on imported goods.
high tariff is to protect businesses. but a huge mistake because its harder to trade with other countires.
great depression help lead to WW2.
Depression in the City
Hoovervilles- slam to pres. hoover.
because people had like no moneyy, they had bread lines. the men would stay in line to get it to feed their familyy. Alot of homeless people. high school drop outs would hop on trains. alot would get murdered. could feed a family with ten cents a dayy. live for the day.
Depression in the Rural areas
Comments