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The Stock Market Crash of 1929
The Stock market crashes leaving billions of dollers in transactions worthless -
Period: to
People not Buyiing Anything
People stoped buying stuff because of the ecenomic strugles in societie, becasue there was less buying there where less production and in turn less jobs. -
High Unemployment 1930-1939
Because of less demand for goods productipn had to slow down and less enployees were needed. -
Smoot-Hawley Tariff
A tariff that put high taxes on imports which led to less trade between the US and foregian countries. -
Bank Failures
Banks had no money and where forced to close by 1933 11 000 of the 25 000 banks had been closed -
Begining of Dust Bowl Drought
A big drought in the 1930s that made farming almost impossible which made most farmers unemployed.