U.S. History_ The Great Depression Study Guide.pdf - The Great Depression 1 What the Great Depression really GREAT Not at all 2 When did the Great

U.S. History_ The Great Depression Study Guide.pdf - The...

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The Great Depression 3/1/18 1. What the Great Depression really GREAT? Not at all. 2. When did the Great Depression begin? 1929. 3. People in the 1920s were using credit to buy new things. 4. Farms did 2 things A) expanded to feed soldiers during WWI B) bought farming equipment to help with work on farm. 5. Many farms were foreclosed upon because of huge debts. 6. Banks were loaning more money for investment in the stock market and purchasing homes instead of to farms and commercial properties. 7. Were the Stock Market Crash and Great Depression tied together (the samething)? No, the stock market was just another factor that led to the GreatDepression. 8. What made it the Great Depression? Massive unemployment. 9. How many Americans lost money because they owned stock? 3%. 10. What actually could have caused the Great Depression? Weak banking system. 11. What caused banks to “go under” or close? Overloaning of money.
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  • Fall '13
  • Dillon
  • Great Depression, Federal Reserve System, Wall Street Crash of 1929

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