1. What were the causes of the stock market crash of 1929 and the Great Depression?
October 29, 1929 was called black Tuesday and people took loans and mergers and people loss their houses and personal property Over-production was a reason for the crash and stock pooling deflation"bank failures"and lost of jobs, decrease in trade, dust bowl ruin farmers' fields
2. What impact did the stock market crash and Great Depression have on the lives of people in the United States? panicking, selling stocks, lost possessions, and 33,000 suicides, lost faith in the stock market, Banks closed, Unemployment, peoples' wages dropped .40
3. What did the United States government do to help alleviate the problems the Great Depression brought to our country?
President Hoover- lived in organ at age 10 1st class to go to Stanford. head of food admin. Created Girl scouts and Boy scouts
Roosevelt-New Deal(Goals/1st and 2nd)-raise prices and wages, 3 "Rs" relief recovery and reform, spoke with congress for 100 days about the new deals, the social security act helped with the retired and fatherless kids and the disabled, equalize the tax between the wealthy and middle and the poor
How did the New Deal impact the following: unemployed, young people, factory workers/labor unions, farmers, elderly/poor, homeowners, artists/musicians, women/African-American/Native Americans, banks, stock market, energy- homeless and clothing ages 7 - 17 didn't go to school anymore, CCC made jobs for teens, Women worked harder then anyone and they didn't lose their jobs, poor got poorer and the rich got richer, farmers lost everything only could sell to Americans, FSA helpedd farmers get their land back, AAA paid farmers to plant less, farmers learn how to take care of their land, banks closed down, people lost money, blamed big banks that they caused the stock market to crash,
4. What long lasting impact did the Great Depression have on Shelby County, Iowa, the US and world? US was giving Germany loans after the first world war,Japan was affected by famine so many people died,Great Britain recovered faster then the rest of the world,Stalin was in charge, FDIC is still around, in the 30's the gov't grow to a massive size, More gov't spending,
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