Great Depression

Great Depression

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  • 1."Black Tuesday" 10/29/1929 The stock Market crashed. 2.Customers raced to their banks to withdraw their savings. 3.Between 1930 and 1933. 9000 banks closed their door.
  • Stock market crash
  • 1.Overproduction of commodities is the one causes of Depression. 2.Company created surplus of goods.
  • Commodities
  • Civilians
  • It was really to find a job during the Great Depression. Many people  were facing the survival problem because there no anymore job for them.
  • The greatest mistake of the Hoover administration was passage of the swoot-Hawley Tariff passed in 1930.
  • Political Decisions
  • New deal
  • 1.Agricultural Adjustment Act 2.Securities Exchange Commission 3.Federal Deposit Insurance Corporation
  • 1.Government made a decision to hire some worker who lost their job in the Great Depression. 2.This decision would help the worker's unemployment problem.
  • Facility Construction
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