1. Causes of the Stock Market Crash-1929-stock prices were over value.-people started to sell their stocks, so others started and the price went down.-buy now, pay later-buying margin, buying stock on credit. demand in stocks went up, so prices went up.-overspeculation during the 1920's-overproductions of goods-uneven distribution of wealth-too much barrowing from banks,-lack of gov regulation,-federal reserve increased interset rates.*effects-investors and businesses lose a million money-thousands of banks fail-davings are wiped out-businesses cut production-lay off workers, no work went up-unemployment rises-people quit spending money-great depression sets in-depession spreads to europe and other parts of the world2. Causes of the Great Depression-overproduction of goods, companys are making way to much money, and making to many things-underconsumption of goods by consumers-agricultural slump due to overproduction, made to much money , farmed to many crops-high protective tariff polictes of the 1920's-taxes benefiiting the rich-rich got richer, poor get pooer-stock marker crash* effects- new deal programs start-makes the us gov much larger-deficit spending starts- The new deal creates many organizations that are still around today-social sercurity-fascist, milliatry and communist dicators come to power throughout the worldthe vicious cycle of the great depression-companies loss money so they lay people off-unemployment rate goes up and less people but goods as income has dropped-companies profite fall so they have to lay more people off ot cose cycle repeats itselfPlus one of these topics: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 background14. 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)
Comments