Today we assigned people to the New Deal project. I have Civilian Conservation Corps and the Farm Security Administration. Then we went over the Stock Market Crash movie.. The Stock Maket crashed and people lost everything.Causes of The Great Depression..- Wealth is unequally distributed among the population.- Many people go into debt on installment plans.- Old and decaying industrial base makes U.S. industry less competitive.- Industry and agriculture overproduced.- Government purses unsuccessful economic policies.- Stock market crash leads to financial panic.Effects of the Great Depression..- People suffer widespread eunemployment, hunger, poverty, and homelessness.- Industrial and farm production falls.- World econimic crisis develops.- Democrats win victory in 1932.
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