Causes of The Great Depression

Drought

The Dust Bowl

Americas Economic Policy With Europe

Charged more to import goods

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

Stock Market Crash of 1929

Black Tuesday

Stocks Plummeted

Reduction in Purchasing

Workers laid off

No FDIC to back the banks money was just lost.

Southeast Colorado to Texas panhandle

Took Decades for regions to recover

Countries taxed more on U.S made goods.

World Trade fell by Two Thirds

Unemployment was above 25%

Crops were lost repetitively