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Great Depression -US

US History 1877 to Present - The Great Depression

QuestionAnswer
What were the causes of the Great Depression? People over-speculated on stocks, using borrowed money that they could not repay when stock prices crashed; the Federal Reserve failed to prevent the collapse of the banking system; high tariffs strangled international trade
How were the lives of Americans affected by the Great Depression? A large numbers of banks and businesses failed;one-fourth of workers were without jobs; large numbers of people were hungry and homeless; farmers’ incomes fell to low levels
What were the major features of Franklin Roosevelt's New Deal? Social Security; federal work programs; environmental improvement programs; farm assistance programs; increased rights for labor
Created by: musicqueen012
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