Matching Pairs Great Depression MatchingOnline version Match the cause and effects of the Great Depression by Hannah Howard 1 Hoover believes the economy will fix itself 2 Banks have no regulation, make unwise investments with customers' money 3 Overproduction in industry & agriculture 4 Poor farming techniques & natural disaster cause the Dust Bowl. 5 People lose their jobs 6 Speculation in the stock market & buying on the margin 7 Southwest needs jobs and electric power. 8 High tariffs such as the Hawley Smoot Tariff & War Debt 9 Competition for jobs is intense. 10 Laissez faire economy means government is hands off Americans panic, run to the banks & withdraw their money. Banks collapse The Hoover Dam is built. Europeans cannot afford US goods, profit plummets, businesses are forced to lay off workers Farmers called "Okies" move West Prices drop, workers are laid off or fired Without jobs, people can no longer pay their mortgage and the banks foreclose on their homes. Many people are homeless Stock Market Crash 1929 Hoover becomes very unpopular as the Depression gets worse. FDR is elected. As the Great Depression gets worse, the government is unable to provide adequate support for people Mexicans & Mexican Americans are sent back to Mexico (repatriation).
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