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Great Depression
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GREAT DEPRESSION
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Great Depression Great Depression period of extremely high unemployment and economic disparity
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Great Depression Stock market crash of Billions of $ lost, 16 million shares of stock were sold Black Tuesday- Oct. 29th 1929
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Great Depression Overproduction- producing to much
Under Consumption- consumption of less than in produced.
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Dust Bowl Dust Bowl- term used for the central and southern great plains region of the U.S. during the 1930’s which suffered from drought and dust storms.
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Dust Bowl
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Dust Bowl Migration west- over 800,000 people moved westward to find jobs and new homes.
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Social and Political Impacts
Unemployment- 1929= 3% of pop. unemployed 1933= 25% of pop. unemployed Hoovervilles- makeshift shantytowns of tents and shacks built on public land or vacant lots. Named after president Hoover.
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Hoovervilles
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