First we did a little reveiw of how banks closed down, some of what Hoover did and dam projects.
Bonus army
-name from american expiditionary force is what name is from
-in 1945 they were going to be givin a pension and health care
-thousands of them marched at D.C.
-the army would use tear gas to drive them out of the city
Causes of ther Stock Market Crash
-people stoped buying american products
-stocks were overpriced
-people borrowed money then bought stocks and when stocks went down they lost thier money
-Federal Reserve raised Intrest Rates (so peolpe would buy things as much, which made things worse)
-people werent buying bigger goods as much
-massive fraud and illigal activity on the stock market
pooling- rich guys buying a stock to make it go up
-then they would sell it when it got high
-After they sold it the stock would go right back down
Causes of the Great Depression
-the stock market crash*
-banks closed and jobs were lost
-Holly Smoot Tarrif
-riased taxes by a lot
-they wanted americans to buy american
-People werent buying goods
-Banks failed
-WWI Payments from other countries
-overproduction of goods
Project
-Federal Deposit Insurance Corporation (FDIC)
-FDR's Backround
-Year passed
-Basic Definition
-what it specificly did
-what it successfull
-is it still around
-Power Point
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