NOTEISM
Chapter 10, Section 1
I. The Depression
Brought Economic Hardship
A. The Stock Market Crash led to the
Depression
1.
Tuesday, October 29, the Stock Market crashed.
Investors....
2.
Hundred, Thousands, of...
B. Other
Factors which caused The Great Depression
C. A Banking Crisis
hastened the Economic collapse after
1929.
1. Between 1930-1033, > 9,000 Banks were forced to close.
Bank deposits....
2. Some believe that the Federal Reserve System....
3. The Economy reached bottom in late 1932.
The Gross National Product (GNP) had....
D. Unemployment
Hit all segments of the population.
1. Impact was most immediate in....
2. Half the workers in Cleveland, Ohio....
E. The Dust Bowl added
Geographic crisis to Economic Hardship
1.
Dust Bowl....A natural disaster....
2. Lower than average....
3. Texas Panhandle, Oklahoma and parts of Kansas, Colorado
and New Mexico were hardest hit as....
4. Hundreds of thousands of families in the Dust Bowl
either lost....
5. More than a million people headed along....