1. 11C __________ of the Great Depression: 1.Overproduction of _______ that led to _______ prices. 2.The availability of _______ credit. Too much _______ in circulation, not enough money in the _________. 3.______________, and very little put into __________. 4.A crisis in the _______ sector. Huge _______ that could not be __________ because of the low prices of _________ goods. 5.High _______ and war debt policies cut ______ on the ___________ market for American __________. 6.The _____ government did not establish any ________ regulations or safeguards in case of a _________. 7.The government did not _______ to the ________ changes. They did not slow down ________ by raising interest _______ and taxes. Great Depression Begins Dust Bowl Great Depression Begins Cont. Hard Times Begin 1. The depression resulted in a sharp ______ in ________________. 2. Unemployment rose from __% in 1929 to ____% in 1932. - 13 million ________ lost jobs. 3.By 1932, the _____ year of the Great Depression, __________businesses closed and _______banks had failed. 4.______________ increased, as did tuberculosis, typhoid, and ________. 5.Many turned to ______ kitchens and ___________ lines for food. 6.Large numbers of ________ workers roamed the U.S. ________ for work. - ________ and ___________ 7.Many ________ were forced to live in _____________– neighborhoods where people live in __________ and cardboard boxes – nicknamed “_____________” after President Hoover. 8.For ___ cents, a person could get a round trip on a s_______ car, two candy ______, a malt and two ________ to a ____________. Great Depression Begins! 8. ___________– making tricky business _____________ in an effort to make a quick ________ (stocks, land, and businesses). 9.Many people began buying _______ on __________ – paying a small percentage of a stock’s _______ as a down ___________and borrowing the __________. 10.______Tuesday – October 29, 1929. New York Stock Exchange _______! Money was ________ into stocks in order to get _________ quickly. Stocks made _______gains between 1927-29. Stockholders lost ___________ and began to ___________ stocks. Stock ____________ plummeted. $____ billion was ______in one day. Led to “_____ ______”, but money was not there to ____________. 11. Led to severely ________ economic activity in the U.S. known as the “________ ____________.” 1._______ Bowl - known as the “__________Thirties.” 2.A series of ______ storms that took place in the ________ United States. 3. The ________was the “Black ___________” of 1935. -Top_____across millions of _____ was __________ away. 4.__________of Dust Bowl: Overuse and __________ of _________ lands. A severe ___________ 5.Farmers were forced to _________ and look for ____ - Many went to the “big _____ candy ________- California. -Known as “__________” -400.000 ___________ left. 6. Dust _______ covered parts of Texas, Oklahoma, Colorado, Kansas, and New Mexico. Hoover’s Response 1.Elected in 1928 as the _____ President as a _____________ 2.Campaign slogan was, “A _______ in every pot and a ________ in every garage.” 3.He was _________ for the Great _______________. -He had a “hands off” _________ toward the __________ and let it run itself. 4. His response at first was “__________ is just around the ______________.” -His ___________ for solving the Great Depression was to: “________ it out” ____________organizations and _______ should help the people. “____________Individualism” Helped _____ out big businesses and ________, and did not directly help the ___________. 5. _______________ Finance Corporation (1932) -$500 million to _______ out banks and ______________. Bonus Army (1932) 1.Also known as the (BEF) – ________ Expeditionary ______ 2.WWI ___________marched to Washington to lobby ______ for immediate payment of a ______ which had been approved in _____ for payment in ______. They wanted it _________. 3.______and Congress said _____! 4.Congress and Hoover refused to ______the _________Bill for the bonus. 5._______were sent led by Douglas MacArthur to ______ over 16,000 men, women and children _____ around Washington, D.C. 6.The troops were very __________ with the men bringing much negative _________ toward ___________ administration. 7.Congress ________to give them their bonus _______ in _______.