によって Israel Alvarez 6年前.
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Causes of The Great Depression
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
