THE ABCSOF THE GREAT DEPRESSIONZoey Birman – week 21
Agriculture Prices Drop■As the Great Depression slowly crept into existence, farmers worked to produce extra to pay off their debts, taxes and living expenses. When prices dropped further, many farmers went bankrupt and ended up losing their farms.
Bonus March■In 1932, veterans from WWI rallied in Washington to demand the bonus money they had been promised during the war. As America plunged into poverty, the veterans hoped to regain some stability by rightfully receiving their payment and being able to keep their families afloat.
Civilian Conservation Corps■Public work relief program established in 1933 granting unskilled manual labor jobs on government-owned property to young men in need of work and education.
Dustbowl■The Dustbowl is notorious for its devastation caused in the Midwest during the Great Depression. A series of both the preventable and inevitable led to years of drought conditions, severe storms, and ecologically destructive situations, leaving a large majority of American farms in tatters.
European Foreign Policy■In 1930, Congress passed the Smoot-Hawley Tariff, which skyrocketed import tax rates, causing American partners to retaliate. World trade fell by 2/3 and FDR was left to pick up the pieces.
Franklin D. Roosevelt■Inaugurated in 1933, FDR is said to have been the leading force in bringing America back from the Great Depression.