-buying on margins- borrowing money from brokers to buy stocks (buying stocks on credit)
-over speculation during the 1920's- bought stocks when low prices sold when prices were high
-over production of goods- companies were making to much and not making money
-uneven distribution of wealth-buying on credit
-too much borrowing from the banks- way to easy to borrow with low interest anyone could get credit
-stock prices were grossly inflated, did not have real value
-federal reserve increased interest rates- effect of this was people stopped spending money
-lack of government regulation-
2. Causes of the Great Depression
-vicious cycle of companies=companies lose money -> companies lay off workers->more people with less money to spend-> goes through again
1. 1928 Election(466)
2. Stock Market in the 1920's(466-468)
3. Story of the stock market crash-not the causes(467-469)
4. Banks and business' collapse(469)
5. Effect stock market crash had on other countries(469-471)
6. Depression in the cities(472-473)
7. Depression in the rural areas(473)
8. Dust Bowl(474)
9. Men in the Streets(475)
10. Women struggle to survive(475-476)
11. Children suffer hardships(476)
12. Social and psychological effects(477)
13. Hoover's background
14. Hoover's philosophy/Cautious steps(479)
15. Boulder Dam(480)
16. Democrats win 1930 Congressional elections(480)
17. Hoover takes action(481)
18. Bonus Army(482-483)
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