Thursday

1928 Election

-Herbert Hoover was the rebublican canidate

-Al Smith was the democrating canidate

-JFK was the only catholic president

-Campian issues-the economy

                             stockes

                             democrat would have a disadvandage becuase he was democratic and catholic

-South always voted democrat

-Hoover was not a good speaker

 

Banks closing

-JP Morgan- very rich banker

-They closed down

    why-they invested peoples money in stocks then lost it

          -90,000 buisnesses went out of buisnesses

 

How our crash effected other countries

-Us crashing cuased other countries to crash

-After WWI Germany borrowed money to pay for the war

-No other country's economy went up like the US's

-The great depression allowed leaders to take over in other countries

-1930 the Holly Smooth Tarrif- Highest terrif in the history of america

  reason- if people buy american the money stays in america and helps our economy

 

How the Great Depression Affected the Cities

-people would live in Hovervills/shantytowns

-they had to form break lines and soup lines that men stood in

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