Causes of The Great Depression

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Macroeconomics 2HH3 - Chapter 1

luonut Remek Debski

The Channel Spaces

luonut ELODIE THEDENAT

Smoking Disadvantage

luonut Arvan Malabanan

Slavery

luonut Ajay Khurana

Crops were lost repetitively

Unemployment was above 25%

World Trade fell by Two Thirds

Countries taxed more on U.S made goods.

Southeast Colorado to Texas panhandle

Took Decades for regions to recover

No FDIC to back the banks money was just lost.

Causes of The Great Depression

Reduction in Purchasing

Workers laid off

Stock Market Crash of 1929

Black Tuesday

Stocks Plummeted

Bank Failure

Everyone tried to withdraw all their money at once, not enough money in banks.

Banks were forced to shut down because they were broke

Americas Economic Policy With Europe

Charged more to import goods

Drought

The Dust Bowl