Causes Of The Great Depression

Causes Of The Great Depression

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  • Because we are overproducing and don't need many workers.
  • Sorry, but your fired.
  • why?
  • Factories and farms produced more goods than Americans needed. This led to worker being laid off. 
  • Banks were giving loans to people who couldn't pay back the money. Banks shut down and many people lost life savings.
  • Sorry, we can't give your money back.
  • After the Stock Market crash people from all classes stopped buying goods. This caused a reduction of many goods which led to reduction in the workforce.
  • Where is everyone??
  • The Smoot-Hawley Tariff protected American companies and put high tariffs on international goods. By the end of 1934 world trade decreased by 66 percent from the 1929 level.
  • Seventy cents sir
  • Did you not hear about the new Smoot-Hawley Tariff?
  • Two dollars and twelve cents sir
  • Why is this so expensive and the other sugar is cheaper?
  • How much is this sugar?
  • What about this one?
  • The U.S economy was expanding too fast until it hit its peak in 1929...
  • On October 29,1929, the stock market crashed(Black Tuesday). Investors sold all their shares before they became worthless.
  • The Stock Market Crashed!
  • NO WAY!
  • OH MY GODDD!!!
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