Causes of the Great Depression

1
Causes of the Great Depression
p. 570
1920s Political Power the Election of
1928 What party dominated the 1920s and why? Who
won the election of 1928, and why?
What were some of the early causes of the Great
Depression?
Hint farming
Hint wealth
Hint credit
October 29, 1929 what happened?
The stock market crash marked the beginning of
the Great Depression, sparking a chain of events
collapsing the economy
2
Event Bank Runs (What are they?)
Effect (Hint What happened to many
banks?)
Reaction of businesses, growing
unemployment (What did businesses do? What effect
did this have? What troubling cycle
developed?)
Cause (Why was it put in place?)
Event Hawley-Smoot Tariff (What is it?)
Effect (What did it do to trade?)
The Depression Felt at a World-Wide Level (How?
What happened with WWI debt payments? Why did
things change?)