1. Causes of the Stock Market Crash
- stock prices overpriced
- stocks dropped
- buy now; pay later - spend so much & build debt couldn't pay off
- buying stock on credit
- overspeculation during 1920's
- overproduction of goods
- uneven distribution of wealth
- too much borrowing from banks
- stock prcies were grossly inflated, didn't have a real value
- federal reserve increased increase rates
- lack of government regulation
-effects
- investors and businesses lose millions
- thousands of banks fail; savings wiped otu
- businsses cut production, lay off workers
- unemployment rises, people quit spending money
- great depression sets in
- depression spreads to europe and other parts of the world
2. Causes of the Great Depression
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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