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