Tuesday, January 18th

Bonus Expeditionary Force

 

Given around $500 for fighting in the war and insurance. They wanted it early because of the tough times during the Great Depression. They marched across the streets of the U.S. to get their bonus from World War I.

 

Causes of the Stock Market Crash:

  • Companies weren't making as much money, so stock prices were going up. Stocks were overvalued.
  • Buying stocks on margin
  • Federal Reserve raised interest rates
  • People were in debt, so they stopped buying things
  • Illegal activity on the stock market

Causes of the Great Depression

  • People weren't buying things
  • Countries weren't paying us back
  • Overproduction
  • High tarriffs
  • People in debt
  • Stock Market Crash

I have been assigned the Soil COnservation and Domestic Allotment Act and "priming the pump".

 

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