Great Depression Causes and Effects

Use of Credit (Definition)
Buying with money you don’t have and paying it back later.

Use of Credit (Effects)
1) Personal debt/can’t pay back loans
2) Business failure/unemployment
3) Bank failure

Collapse of the Federal Banking System (Definition)
Network of banks that run out of money

Collapse of the Federal Banking System (Effects)
1) Bank failure
2) People/depositors lose money
3) Mistrust of banks

Stock Speculation (Definition)
Buying stock and selling it at a high price, hoping to make a quick, large profit

Stock Speculation (Effects)
1) Inflated stock prices
2) Loans could not be payed back to banks; leading to the collapse of the banking system
3) Stock market crashes

Overproduction of Goods (Definition)
Farms and businesses were making more than was being bought.

Overproduction of Goods (Effect)
1) Wasted goods/products
2) Prices go down
3) Farms and businesses shut down/close

High Tariffs Reduce Trade (Definition)
Imported/exported goods are heavily taxed

High Tariffs Reduce Trade (Effects)
1) Decrease in international trade
2) Business failure
3) Worldwide economic failure

What is Bull Market? When values of stocks continued to increase during the 1920’s Banks loaned money to stockbrokers to facilitate what? on margin buying WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY …

causes of the great depression overproduction, crisis in farming, rising gap in rich and poor, stock market, stock market triggers banking crisis, federal reserve, hawley-smott tariff overproduction and under consumption resulted in layoffs WE WILL WRITE A CUSTOM ESSAY SAMPLE …

the day of the stock market crash october 29th, 1929 black tuesday another name for the periodic expansion & contraction of the economy business cycle WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY …

1929 What year was there a major stock market crash? There is a lot of economic uncertainty. Credit works well until what? WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write my …

Laissez faire Idea that government should not interfere in the economy Hoovervilles Popular name for shanty towns built by homeless people during the great depression WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY …

Causes of the Great Depression ♦Uneven distribution of wealth ♦Stock market speculation “buying on the margin” ♦Excessive use of credit ♦Overproduction on consumer goods ♦Weak farm economy ♦Government policies ♦Global economic policies Black Tuesday ♦Stock market crash (Oct. 29, 1929) …

David from Healtheappointments:

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy