effects of the great depression quizletBlog

effects of the great depression quizlet

If the…BOOM: tend to buy goods and services, most people have jobs, h…to describe a family's difficulties during westward migrationthe president during the beginning of the Great Depressionto describe a family's difficulties during westward migrationBank failures, ineffective government policies, stock market c…presented the American people with a New Deal to solve the pro…Bank failures, ineffective government policies, stock market c…By 1933 many of these closed due to the increase of people wit…FDR's proposal to allow the president to appoint an additional…This was the result of severe drought conditions and led to a…This Corporation was created by FDR to oversee and protect ban…By 1933 many of these closed due to the increase of people wit…FDR's proposal to allow the president to appoint an additional…- Factories and farms produce more goods than people can buy.…- Many banks fail.... - Many businesses and factories fail.... - M…practice that allows people to buy stock with a down payment o…day the stock market crashed, signaling the start of the Great…- Factories and farms produce more goods than people can buy.…- Many banks fail.... - Many businesses and factories fail.... - M…overproduction, underconsumption, poor banking system, unwise…overproduction, underconsumption, poor banking system, unwise…In the 1930s these men roamed the country on railroad freight…Elected president in 1929, at the beginning of the Great Depre…a shantytown built by unemployed and poor people, who blamed H…a poor section of town usually made of poorly built houses, sh…In the 1930s these men roamed the country on railroad freight…Elected president in 1929, at the beginning of the Great Depre…term used to describe a makeshift homeless shelter during the…programs built by the government to benefit the public - helpe…overproduction, underconsumption, poor banking system, unwise…overproduction, underconsumption, poor banking system, unwise…overproduction, underconsumption, poor banking system, unwise…overproduction, underconsumption, poor banking system, unwise…Buying on margin, stock market crash, bank failures, Dust Bowl…Banks did not have enough money to cover the massive number of…Term for making high risk investments in the stock market in h…buying stock on CREDIT (so, with $ you don't have) - becomes a…Buying on margin, stock market crash, bank failures, Dust Bowl…Banks did not have enough money to cover the massive number of…Makeshift shacks made of scrap metal in which people livedMakeshift shacks made of scrap metal in which people lived-Separation between poor, middle and high class... -Based on neig…-Led to poor and lower class living in unhealthy living and te…-20k business went bankrupt/closed... -Over 12m became unemployed…-Unemployment created feelings of alienation... -Unable to fit in…-Separation between poor, middle and high class... -Based on neig…-Led to poor and lower class living in unhealthy living and te… The Great Depression was one of the major economic events in world history. Over 750 banks collapsed during 1930 alone.

Its … The outcomes were such that they changed the face of world economy. By 1933 unemployment Prior to this, the Nazi Party was a fringe political group. Programs like the New Deal transformed nations, helping lead to the more humane world we live in now. As a result, the party ranks swelled. It also points out that while unemployment has a negative effect on mental health; it is difficult for those who are mentally ill to procure a employment. It guaranteed Americans over the age of 65 a monthly income to supplement their retirement. It took around 25 years for the United States of America to become stable once again.

During the Great Depression families had to survive on little money and focus on the necessities of life. From there, it quickly rippled worldwide. The stock market lost 90% of its value, and wouldn’t recover to pre-depression prices until 1954.Outside of the US, other nations didn’t fare much better. The economy of the USA began declining from the start of 1929, and within 5 years had shrunk 50%. The Social Security Act of 1935 aimed to fix that. Wages went from $25 a week in a job for manufacturing in 1929 to $16 a week in 1933.

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